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Polaris Bank

Nigeria’s Central Bank confirms successful sale of Polaris Bank


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The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by…

Reps confirm sale of Polaris Bank followed due process


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The Nigerian House of Representatives has confirmed that the ongoing sale of Polaris Bank followed due process and got Presidential approval. The Chairman, Ad-hoc Committee investigating the Sale of Polaris Bank, Mr. Henry Nwawuba…

Nigerian Lawmakers direct CBN to suspend the sale of Polaris Bank


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The house of Representatives has resolved to direct the Central Bank of Nigeria, CBN, to suspend the sale of Polaris Bank PLC . This was sequel to a motion by a member from Imo state, Mr Henry Nwawuba at plenary. The…