Polaris bank: Court strikes out suit against CBN

January 24, 2024 Blueprint News 0

Justice Lewis Allagoa of a Federal High Court in Lagos, on Wednesday, dismissed a suit filed by rights activist, Chief Femi Falana, SAN, challenging a purported sale of Polaris Bank. Justice Allagoa dismissed the suit following an application by the learned silk, seeking to discontinue the same before the court. The News Agency of Nigeria reported that Falana had instituted Read More

Polaris bank may collapse over financial threat, suspends 100 managers

April 29, 2023 Admin III 0

Popular Nigerian commercial bank, Polaris Bank is currently facing on financial threat. It was gathered Friday that Polaris Bank is allegedly owing workers salaries, and have suspended over 100 management staff for having a nonperforming loan ratio above 5%, as reported by Platinum Post. The report also gathered that the loans were duly approved and interests earned by the bank. Read More

Polaris Bank donates books to 37 secondary schools nationwide

March 29, 2023 Segun Odunewu 0

As part of efforts at deepening financial literacy among young Nigerians, Polaris Bank, in partnership with the Central Bank of Nigeria and program execution Partner, Junior Achievement of Nigeria (JAN), has reached and educated over 4000 students in 37 Schools across Nigeria, including the Federal Capital Territory (FCT). The bank has continued to deepen its financial advocacy role of educating Read More

Polaris Bank promotes SMEs, sponsors ‘The Fashion Souk’

December 5, 2022 Amaka Ifeakandu Lagos 0

Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria. The Bank in a statement said it is planning to sponsor The Fashion Souk 7.0., noting that three successful entrepreneurs who emerge winners in a business pitch at the event will go home with N1million, N500,000 and N250,000 for the overall winner, Read More