polaris bank

The Nigeria Deposit Insurance Corporation (NDIC) has maintained that all Deposit Money Banks (DMBs) in Nigeria are safe and sound, denying that Polaris Bank has been sold. The reaction from NDIC follows recent media reports that Polaris Bank has been secretly sold to a new investor. The clarification was made by the Managing Director of […]

A Magistrate Court sitting in Surulere, Lagos has ordered a new generation to refund the $30,769 it deducted from three businesswomen’s domiciliary and naira accounts. The businesswomen are: Mrs Adebomi Orogun, Mrs Kehinde Banjo and Mrs Oluwatoyin Ode. Magistrate Oluwatoyin Otitoju gave the order after hearing the claimants’ application brought under Order 1 Rule 2 […]


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