Saturday, April 27, 2024

Polaris Bank

January 11, 2024

CBN appoints new CEOs for Union, Keystone, Polaris banks

The previous boards and management were dissolved on Wednesday.

Olayemi Cardoso
December 18, 2023

Court blocks Makinde’s access to Oyo bank accounts over N3.5 billion debt to sacked politicians

The sacked local government chairmen and councillors had, in 2021, gotten a judgment of N4,874,889,425.60 against the governor.

Seyin Makinde
December 8, 2023

NJC recommends compulsory retirement of Justice Falola for misconduct

The National Judicial Council (NJC) has recommended the compulsory retirement of Justice S.O. Falola of Osun State High Court.

Justice S.O Falola (Credit: Osun State Judiciary website)
August 27, 2023

FRSC worsening hardship with N25,000 sanction on faded number plates: Motorists

The motorists who spoke with journalists on Sunday in Abuja described the action as a ploy to increase hardship for Nigerians.

faded number plates
March 25, 2023

Naira Crisis: Queues gradually disappear as bank ATMs dispense cash

The CBN had on Thursday directed all commercial banks to open for operations on Saturdays and Sundays to ease the naira scarcity.

ATM queue
December 31, 2022

EXCLUSIVE: In plot to be CBN governor, Aishah Ahmad rejects N1 trillion bid for Polaris; sells bank N50 billion to Mamman Daura, Tunde Sabiu, Auwal Gombe

The only female deputy governor has steered several missteps that went unreported, but her involvement in a scheme to topple her boss has grown too elaborate for ceaseless secrecy.

Mamman Daura, Aishah Ahmad and Yusuf Tunde Sabiu (Credit: Ahmed Oluwasanjo/Peoples Gazette)
December 8, 2022

Appeal Court reverses Polaris Bank’s sale of Intercontinental Hotel

In a unanimous judgment, three judges of the court ruled that Milan Industries had fully reimbursed the bank for the N2 billion mortgage facility it obtained from Polaris Bank.

Polaris Bank and Intercontinental Hotel, Lagos
October 21, 2022

Polaris Bank gets new management board one day after its sale

AdekunIe Sonola, was appointed as the new Managing Director/Chief Executive Officer.

August 2, 2022

EXCLUSIVE: CBN to sell Polaris Bank for N40 billion to Auwal Gombe, IBB’s in-law, after rescuing it with N1.2 trillion

Godwin Emefiele and other wheeler-dealers could squeeze more for Nigerians by advertising the bank rather than a secret sale that would benefit only those conducting the backroom talks.

Godwin Emefiele, Polaris Bank and Auwal Abdullahi Gombe
June 22, 2022

Court orders Polaris Bank to refund $30,769 illegally deducted from customers’ accounts

The complainants accused the bank of making unlawful deductions from their accounts with no justification whatsoever.

Polaris Bank