Tag Archives: Polaris Bank

All what you should know about new Polaris Bank CEO, Sonola

Adekunle Sonola, the new Chief Executive Officer of Polaris Bank is a stalwart with 33 years of experience across Africa. His first message as CEO speaks volumes of his readiness for the new role if words were enough to judge character. He said: “This is an exciting time for the Nigerian financial services industry, and we are committed to building ...

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House of reps orders CBN to stop sales of Polaris Bank

The House of Representatives has ordered the Central Bank of Nigeria (CBN) to suspend the sale of Polaris Bank Plc. The House gave the directive on Wednesday during plenary after adopting a motion of urgent public importance by Rep. Henry Nwauba (APGA-Imo). According to the house, the suspension will subsist until the Central Bank of Nigeria (CBN), the Nigeria Deposit ...

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CBN not planning to sell Polaris Bank at N40bn- Bank debunks report

Polaris Bank has dismissed a report that the apex bank, the Central Bank of Nigeria was about to sell the bank to Auwal Lawan Abdullahi for N40 billion. The bank made the disclosure in response to media reports about an alleged secret acquisition of Polaris Bank. The statement by the bank said that such speculative publication was a deliberate intention ...

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