…A new Board and Management team appointed Polaris Bank is pleased to announce that it has been notified of the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank (‘Polaris’ or ‘the Bank’) by Strategic Capital Investment Limited (‘SCIL’). As part of the change in ownership, SCIL has appointed a new independent …
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The EFCC, on Friday, October 21, 2022, arraigned a former Attorney-General and Commissioner for Justice, Lagos State, Olasupo Shasore, SAN, on a two-count charge allegedly bordering on corrupt offers of $200,000 to public officers, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos. The offence is contrary to and punishable under Section 9(1) (a) of the …
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First Bank of Nigeria Limited has announced its variety of retail products specifically designed to enhance the operations and sustenance of various businesses in the country. The products: Petroleum Dealership Finance (PDF), Operational Vehicle Finance (OVF) and Commercial Mortgage will strengthen the capacity of businesses to meet their immediate and long-term needs which are required to continually impact the socio-economic …
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The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has described the death of the Ekiti State House of Assembly Speaker, Rt. Hon. Oluwafunminiyi Afuye, as a huge loss to the body of Speakers in Nigeria. Dr. Obasa added that the news of Speaker Afuye’s death was more devastating knowing that he was reportedly active and …
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Wema Bank, Nigeria’s most innovative bank, has announced that the next edition of its quarterly webinar, aimed at assisting the small and medium-scale enterprise (SME) and early-stage start-up segments of its customer base, will hold on Friday, 21 October, 2022 by 10 a.m. Arthur Nkemeh, Head of SME Banking at Wema Bank said the webinar, themed, “From Start-up to Unicorn: …
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Real Madrid and France forward Karim Benzema has won the Ballon d’Or – awarded to the best footballer of the year – for the first time. Benzema scored 44 goals in 46 games as he helped Real win the Champions League and La Liga in 2021-22. Lionel Messi (seven) and Cristiano Ronaldo (five) had won the award on 12 of …
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Fidelity Bank plc announced today the redemption of the $400,000,000.00 Eurobond Notes due October 17, 2022. On October 17, 2017, the bank successfully issued a US$400 million 5-year Eurobond. The transaction also included a Tender Offer (the “Tender Offer” or “Offer”) for the refinancing of the Bank’s US300million Senior Unsecured Notes issued in May 2018. The transaction was the largest …
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As political campaigns begin ahead of the 2023 general elections, the Lagos State Signage and Advertisements Agency (LASAA) has promised to ensure a level-playing ground for all political parties in the state. The agency also appealed to political parties, politicians, campaigners and their supporters to adhere to the guidelines on the use of election campaign materials in Lagos State.In a …
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Polaris Bank has said that increased awareness, advocacy, and support will go a long way to reduce the incidence of breast cancer in the country. The Bank’s Group Head of Strategic Brand Management, Nduneche Ezurike made this known in Lagos while reiterating the Bank’s unwavering commitment to stem the breast cancer scourge among women, in commemoration of October Breast Cancer …
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The Enugu Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Friday, October 14, 2022 arrested twelve (12) bankers for suspected insider fraud. The suspects are: Odeniyi Anthony, Deki Kingsley Onyekachi, Oguchukwu Ene, Elendu Chizaram, Anyakora Uchenna, Onah Kingsley, Akwe Elizabeth and Chinenye Grace Acibe. Others are: Victoria Ezedie, Chidi-Ukah Obinna, Etoh Lawrence Uzochukwu and Udeze Harrison. Preliminary investigations showed that …
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