Tag: Polaris Bank
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Polaris Bank appoints Segun Opeke as Executive Director
The Board of Directors of Polaris Bank Ltd and Asset Management Corporation of Nigeria has appointed Mr Segun Opeke as an Executive Director. The bank’s Company Secretary, Mr Babatunde Osibodu, announced the appointment in a statement in Lagos. Osibodu said the development was coming on the heels of the recent appointment of, Mr Innocent Ike,…
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Polaris Bank announces Innocent Ike as Acting MD/CEO
The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria, the Bank’s shareholder, have announced the appointment of Innocent C. Ike as the Acting Managing Director/CEO effective September 1, 2020. The announcement of the appointment was contained in a statement by the Company Secretary of Polaris Bank, Babatunde Osibodu, on Saturday. The…
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APC picks outgoing Polaris Bank MD as consensus candidate for Lagos East senatorial by-election
National leader of the All Progressives Congress, APC, Asiwaju Bola Tinubu and the Lagos State Chapter of the party have endorsed the candidacy of former Commissioner for Finance in the state, Tokunbo Abiru for the forthcoming Lagos East Senatorial by-election. The party’s state Assistant Publicity Secretary, Mr Abiodun Salami, gave the confirmation in an interview…
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SMEs commend Polaris Bank, Facebook on capacity building initiative
A cross-section of business owners who participated in the just-concluded capacity building programme organised for SMEs have commended Polaris Bank and social media giant Facebook for giving them the free opportunity to acquire new skills on how to grow their businesses, leveraging technology. The virtual digital marketing seminar, which had over 5000 SMEs as participants…
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Polaris Bank CEO, Tokunbo Abiru announces retirement
The Managing Director/Chief Executive Officer, Polaris Bank Limited, Mr Tokunbo Abiru, has announced his retirement from the service of Polaris Bank, effective August 31. The bank said this in a statement on Sunday titled. According to the bank, Abiru successfully completed his second two-year tenure at the helm of the bank. “It gives me great…
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Nigeria’s Health Sector has Massive Wealth Potential, says Abiru
Polaris Bank CEO, Mr. Tokunbo Abiru has disclosed that Nigeria’s health sector holds immense potential to create wealth for the country if an enabling environment is put in place for the sector to thrive. Mr. Abiru said this during a webinar hosted by the Bank on: ‘Managing Healthcare Business During & Post-COVID-19’. While speaking on…
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Happening now: Fire razes Polaris bank branch in Benin [Watch video]
There is a fire outbreak at a Polaris Bank situated along Ugbowo road, Uwasota junction, Benin, Edo State. Watch video:
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Polaris Bank Celebrates First Year of Operation, Declares ₦27.8billion Profit
*Capital Adequacy and Liquidity Ratios above regulatory requirements *To reap benefits of IT investment in 2020 It was cheering news over the weekend as Polaris Bank Limited released its first Audited IFRS 2019 compliant financial result posting a profit before tax of N27.8billion. The result which posits a compelling narrative in the history of Nigeria’s…
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How Nigerian Banks have fared in serving customers in COVID-19 era
As the reality of the COVID-19 pandemic fully unfolds, businesses, particularly the banking sector, have perfectly adjusted to ensure continued quality service delivery to their customers nationwide. Vanguard reports When President Muhammadu Buhari on Sunday, March 30 2020, in his much-anticipated nationwide broadcast declared total lockdown in Lagos, Ogun and Abuja as a measure to…
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![[Video] Customers of Polaris bank panic over technical shutdown](https://thenewsguru.ng/wp-content/uploads/2018/12/Polaris-Bank.jpg)
[Video] Customers of Polaris bank panic over technical shutdown
Several customers of Polaris Bank are in fear as technical challenges mar banking operations in the financial institution. According to information reaching TheNewsGuru,TNG most of the disturbed customers have been unable to make withdrawals from their accounts for over 48 hours. One of the affected persons, who identified himself to TNG as Micheal [Surname withheld],…