Tag Archives: Polaris Bank

Fresh Crisis Rocks Polaris Bank As Shareholders Accuse GMD, Tokunbo Abiru of Fraud

All appears not to be well with Polaris Bank Limited, a bridge bank created by the Central Bank of Nigeria to take over the assets and liabilities of the defunct Skye Bank as shareholders of the defunct bank have reportedly

Polaris Bank Takes Over Skye Bank, CBN Assures Depositors Of Cash Safety

Following the withdrawal of the operating licence of Skye Bank Plc, the Central Bank of Nigeria (CBN), in consultation with the Nigerian Deposit Insurance Corporation (NDIC), has established a bridge bank known as Polaris Bank, to assume the assets and