Polaris Bank, acquired by Strategic Capital Investment Limited (SCIL) for N50 billion in 2022, has faced a tumultuous history marked by financial challenges and ownership transitions. This article provides a detailed timeline of significant events leading to the recent changes in its board. Polaris Bank’s Evolution: A Historical Perspective 2005 – Skye Bank Emerges: Skye … Read more
The Central Bank of Nigeria (CBN) has officially dissolved the Board and Management of three prominent banks: Union Bank, Keystone Bank, and Polaris Bank. In a press release dated January 10, 2024, the CBN highlighted that this action was taken due to the banks’ non-compliance with critical regulatory provisions, specifically Section 12(c), (f), (g), (h) … Read more
How To Apply For Polaris Bank Payday Loan & Salary Advance. Polaris bank takes the privacy and security of its customers pretty seriously. The bank offers different kinds of loans to its customers, loans ranging from personal loans to market loans, digital loans to money transfers, and the rest. Types of the loan in … Read more
Full list of Nigerian Banks USSD codes, the importance of mobile banking and how to do it. FinanceNaija report shows that many people in Nigeria, African embraced USSD mobile banking than internet banking. Nigerian Banks are now focusing more on phone transaction just to make easy and flexible for their users. Therefore, one … Read more