The Central Bank of Nigeria (CBN) has been ordered to freeze the account of Polaris Bank over a judgment debt of N2,162,561,509.84 reports omonaijablog.com.ng. An Ondo High Court gave the ganishee order, according to a report by TheNation. The order was made by Justice Adebusoye in an application filed by Ondo Attorney General and Commissioner … Read more
CBN Ordered To Freeze Polaris Bank Account The account of Polaris Bank has been ordered frozen by the Central Bank of Nigeria (CBN), the top bank in Nigeria, due to a judgement debt of N2.16 billion. According to Legitnaijanews, a high court in Akure, the capital of Ondo state, issued a garnishee order, one of … Read more
Zenith, FCMB, Others Publish Names, BVNs And Account Numbers of Forex Defaulters Zenith, FCMB, and some other Nigerian banks have published the names, Bank Verification Numbers (BVN), and account numbers of customers who have accessed foreign exchange under false pretense and failed to return it. This development is coming after the Central Bank of Nigeria … Read more
Tunde Ayeni For highly controversial Nigerian businessman, John Olatunde Ayeni, popularly known as Tunde Ayeni, it’s been one day, one trouble. The latest in the plethora of his travails is that he has lost another company, Ibadan Electricity Distribution Company (IBEDC) Limited, a DisCo he purchased in 2013, to the Nigerian government, six years after … Read more
Home » $32m debt: House of Reps threatens to arrest Polaris Bank acting MD/CEO The Federal House of Representatives Committee has threatened to arrest the acting MD/CEO of Polaris Bank, Innocent C. Ike, over $32 million debt. During a sitting on Thursday, October 21st, 2021 a representative of Polaris Bank simply identified as the Head … Read more
According to The Guardian, analysts at Morgan Stanley have predicted that Musk, 50, could become the world’s first trillionaire — largely thanks to his aerospace company SpaceX, People.com reports. “More than one client has told us that if Elon Musk were to become the first trillionaire… it won’t be because of Tesla,” analyst Adam Jones … Read more
A prolonged legal tussle has quietly put asunder in the marriage and mutual benefits between two financial institutions in Nigeria, Polaris Bank (formerly Skye Bank) and VEP Equity Limited Globaltimesng has learnt. The union between the duo gave birth to two different loan facilities granted through a Skye Bank offer letter on July, 25th, 2006 … Read more
Polaris Bank under the leadership of Mr. Innocent C. Ike continues to record loses in different faces, Skynewsngr has learnt. According to a forensic investigation made accessible to newsmen, the lender, together with seven others, lost a total of N1.9 billion in 2020 due to fraudulent incidents. The Innocent C. Ike runs financial institution experienced … Read more
A top staff of Polaris Bank has been accused of stealing over N20 million from a customer’s account identified as Ajibola Sanusi with account number 28122***. It was gathered that the Polaris Bank customer who is a US-based Nigerian opened a savings account with Polaris Bank, Computer Village, Lagos in 2018 and deposited over N25million in the said … Read more