Nigeria’s apex Bank is yet to conclude plans to put up for sale bridge lender, Polaris Bank as widely reported in the media in the past week.

The widely circulated publication had alleged that the Central Bank of Nigeria, CBN is secretly plotting the sale of the lender to cronies at a giveaway price.

Polaris Bank described the publication in a statement on Friday as “speculative, deliberately intended to create panic and should be disregarded by the banking public”.

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