Polaris Bank, Nigeria's largest digital retail commercial bank, was named the country's top lender to Micro, Small, and Medium Enterprises (MSMEs) over the weekend. 

Alleged Illegal Acquisition: CBN Fires Union, Keystone, Polaris Bank Boards   There are strong indications that the Central Bank of Nigeria (CBN) has finally wielded the big stick on some erring banks in the wake of details of alleged malfeasance that emerged from the report submitted...

Reps Direct BPE to Reimburse N341m to Nigerdock The House of Representatives Committee on Privatisation has directed Nigerdock to write to the Bureau of Public Enterprises (BPE) for reimbursement of N341.7 million tax liabilities as well as address other issues. Chairman of the Committee, Ibrahim Makama...

Customers Reject Deposit Conditions As Banks Dispense Old Notes More Commercial Banks have begun to dispense old N1,000 and N500 notes to their customers, about three days after a few banks started doing so. Findings revealed that Polaris Bank and First Bank had started to pay...

Polaris Bank Appoints Ahmad Chairman, Sonola MD Polaris Bank has appointed a new independent Board of Directors to lead the bank’s growth strategy. Alhaji Muhammad Ahmad, Chairman Polaris Board, said in a statement in Lagos. The statement said that the board would have six non-executive directors and...

Strategic Capital Investment Ltd Acquires Polaris Bank for N1.355 Trillion The Central Bank of Nigeria has announced the completion of the sale of Polaris Bank. This was contained in a statement by the CBN’s Director, Corporate Communications, Osita Nwanisobi, on Thursday. In it, the CBN announced the...