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Polaris Bank Appoints Ahmad Chairman, Sonola MD

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

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...

Fact-check: Does Polaris Bank Forbid Muslim Staff from Friday Jumuat Service? 

Fact-check: Does Polaris Bank Forbid Muslim Staff from Friday Jumuat Service?    Claim: A screenshot of an email from Polaris Bank Ltd barring Muslim staff from attending Friday’s Jumma’a service emerged on social media. Full-Text: The email by Damilola I. Adebara, a supervisor of Polaris bank was addressed...

AMCON Seeks New Investors For Polaris Bank

AMCON Seeks New Investors For Polaris Bank The Asset Management Corporation of Nigeria (AMCON) is to seek new investors to take over Polaris Bank Limited after elections next month, adding that it is taking stock of the bank’s assets ahead of a sale. Spokesman for AMCON,...