NO fewer than 500 journalists from within and outside Nigeria have undergone training in emerging digital journalism skills, courtesy of Polaris Bank. Management of the bank said the gesture was aimed at equipping the journalists with the skills and knowledge needed to adapt to evolving media trends. Held in Victoria …
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N122m Fraud: Polaris Bank Manager Remanded At Kirikiri Prison
JUSTICE Olubunmi Abike-Fadipe of an Ikeja Special Offences Court, Lagos, has remanded a manager of Iju Branch of Polaris Bank Limited, Abiodun Sanni in the Kirikiri Correctional Centre over alleged N122 million fraud. The judge remanded Sanni after he was arraigned by the Economic and Financial Crimes Commission (EFCC) over …
Read More »Polaris Bank Wins ‘Best in MSME lending’ Award
Polaris Bank has emerged winner as Nigeria’s topmost bank in lending to the Micro, Small and Medium Enterprises (MSMEs). The bank’s Head of Corporate Communications, Mr Rasheed Bolarinwa, said this in a statement on Monday in Lagos. Bolarinwa said that Polaris Bank received the award at the inaugural MSME Finance …
Read More »Polaris Bank Loses N26bn Loans Granted To 6 Ex-directors Without Collaterals
…one ex-director with N31bn loan placed on watchlist POLARIS Bank has lost N26.005 billion worth of loans granted to 6 ex-directors, mostly without collaterals. Economy Post found from the bank’s 2022 annual report that 5 out of the six ex-directors did not perfect their collaterals before receiving the loans from …
Read More »Polaris Bank Appoints Ahmad Chairman, Adekunle Sonola MD
Polaris Bank Appoints Ahmad Chairman, Adekunle Sonola MD Polaris Bank has appointed a new independent Board of Directors to lead the bank’s growth strategy. Chairman, Polaris Bank Board, Alhaji Muhammad Ahmad, said in a statement in Lagos. The statement said that the board would have six non-executive directors and three …
Read More »CBN At Loss Of N1.15billion As Strategic Capital Acquires Polaris Bank
POLARIS Bank has been bought over by the Strategic Capital Investment Limited (SCIL) from Asset Management Company of Nigeria (AMCON) and Central Bank of Nigeria (CBN). According to report, the purchase was done at the rate of 50billion from the central bank and debt collector agency. CBN’s Director of corporate …
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