Money Market

Polaris Bank Encourages Depositors, Customers to Continue to Maintain Normal Banking Relationship

Culled—Proshare 22/9/2018/Polaris Bank Ltd Pursuant to section 38(1)(c) and 39(1) of the Nigerian Deposit Insurance Corporation Act No. 16 of 2006 (NDIC Act) and by a Purchase and Assumption Agreement dated 21st day of September, 2018, Polaris Bank Limited as a bridge bank, has assumed all the deposit liabilities and […]

Heritage Bank Wins Three Prestigious Awards in Agric, SME

September 24, 2018/Heritage Bank Ltd Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has been adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) and “Agriculture Bank of the Year 2018” by the Nigeria Agriculture Awards (MAA). Also, the bank was awarded the Best CIBN Chapter of […]

CBN Revokes Skye Bank’s Operating License, AMCON to Recapitalise Now Polaris Bank

September 21, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday announced the revocation of Skye Bank of Nigeria Plc operating license and renamed it Polaris Bank. Godwin Emefiele, governor of the CBN said the apex bank in consultation with the Nigerian Deposit Insurance Corporation […]