The Central Bank of Nigeria (CBN) has announced the appointment of new chief executive officers and Executive Directors for Union, Keystone and Polaris banks following the dissolution of the board of the financial firms. In a statement on Wednesday, signed by Sidi-Ali Hakama, CBN’s acting director of corporate communication, the newly appointed executives for Union […]
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The Economic and Financial Crimes Commission (EFCC) has arraigned Babatunde Keshinro, a staff of Polaris Bank Limited (former Skye Bank Plc.) before an Ikeja Special Offences Court for allegedly stealing N12.6 million belonging to a customer. The EFCC charged Keshinro with nine counts bordering on theft, forgery and fraudulent use of the account. The EFCC’s Counsel, Mrs. Bilikisu […]
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The Asset Management Corporation of Nigeria on Tuesday said it will seek new investors to take over Nigeria’s money deposit bank, Polaris. Jude Nwauzor, the spokesperson of AMCON, told Reuters that the move would be perfected after the general elections in February. Mr Nwauzor said the corporation is taking stock of the bank’s assets ahead […]
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The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended from trading on Sept. 24. The exchange gave the notice in Lagos in a statement by Mr Olumide Orojimi, Head, Corporate Communications and Mr Godstime Iwenekhai Head, Listings Regulations. NSE said in the statement that […]
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Polaris Bank has taken over the assets and liabilities of Skye Bank, the Central Bank of Nigeria said today. Consequently, the CBN has revoked the operating licence of Skye Bank Plc with immediate effect. Governor of Central Bank, Godwin Emefiele, disclosed this during a press briefing in Lagos on Friday. Emefiele said the decision was […]
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