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Nairaland Forum / Nairaland / General / Business / CBN Announces Sale Of Polaris Bank, Unveils New Owner (52046 Views)
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CBN Announces Sale Of Polaris Bank, Unveils New Owner by dre11(m): 9:22pm On Oct 20, 2022 |
The Central Bank of Nigeria (CBN) has announced the completion of the sale of Polaris Bank. Osita Nwanisobi, CBN’s Director, Corporate Communications, disclosed this... The Central Bank of Nigeria (CBN) has announced the completion of the sale of Polaris Bank. https://dailytrust.com/cbn-announces-sale-of-polaris-bank-unveils-new-owner 3 Likes
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Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Jennylove21(f): 9:22pm On Oct 20, 2022 |
Thanks for the info 15 Likes 2 Shares |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Teache(m): 9:23pm On Oct 20, 2022 |
You don't mean it 1 Like |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by kettykin: 9:24pm On Oct 20, 2022 |
I guess it will be sold as scrap 23 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by seunmsg(m): 9:26pm On Oct 20, 2022 |
“SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of Polaris Bank and has accepted the terms of the agreement which include the full repayment of the sum of N1.305 trillion, being the consideration bonds injected. Who are the owners of SCIL? How long would it take SCIL to repay the N1.305 trillion injected into the bank? In all of these, I pity the small small shareholders of the old Skye Bank. All their investments has been completely wiped out with this 100% transfer of ownership to SCIL. If you’re not among the big shareholders that can appoint directors to the board of the bank, don’t waste your money buying the shares of a bank. When shit like this happens, you’re going to lose every single kobo you invested in the bank. 134 Likes 11 Shares |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by gaby(m): 9:31pm On Oct 20, 2022 |
Emefiele don use corner betting buy bank. If this clueless thief and the crackhead Attorney general no go jail after this administration, then Nigeria's case will be deemed truly irredeemable. 78 Likes 6 Shares |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Antyislam: 9:31pm On Oct 20, 2022 |
So the money that Tinubu stole tru bullon van have been used to acheive this ehn! 15 Likes 3 Shares |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by inoki247: 9:32pm On Oct 20, 2022 |
lol Yeye bank na so so debit dem dey debit the 2k wey I leave for the account since January... Mak dm sha no sell my 2k join... 30 Likes 1 Share |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Penguin2: 9:35pm On Oct 20, 2022 |
seunmsg: Same question I wanna ask… Shey na ghosts get SCIL? Why was no mention made of its CEO or Chairman or even representative? Emefiele is just there doing aboki bidding. Very foolish man. 102 Likes 7 Shares |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by culf: 9:37pm On Oct 20, 2022 |
nice one, money recovered but hope these scil guys are not politicians or people fronting for CBN Officials 12 Likes 1 Share |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by STARGREEN(m): 9:37pm On Oct 20, 2022 |
No cause for alarm. Depositors funds are safe, Only internal management change. Sometimes when one is weak, you need a stranger hand to pull you up. 6 Likes 1 Share
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Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by blackboy(m): 9:47pm On Oct 20, 2022 |
Find out you will see na part of the mopping up exercise towards 2023. How was this transparent or followed due process. Even Abacha was a saint compared to this APC government. Anyone still supporting this APC is either .... 33 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by chris4gold(m): 10:11pm On Oct 20, 2022 |
Skye to Polaris, now to... 2 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by LegendHero(m): 10:29pm On Oct 20, 2022 |
seunmsg: The owner will be foreigners I guess. 5 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by seunmsg(m): 10:47pm On Oct 20, 2022 |
LegendHero: I can bet they are Nigerians. 31 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by tempest95(m): 10:49pm On Oct 20, 2022 |
The is a welcome development and a timely one at that. If this sale hadn't happened it would have caused a lot of mishaps which will have brought more negativity to the already negative economy. I just hope that the new management has what it takes to move the bank forward so as to reclaim it's lost position and even moving forward. 1 Like |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Bontafa: 10:49pm On Oct 20, 2022 |
gaby: You really understand these thieves. I swear this administration will never happen to Nigeria again na sure banker. APC is a curse 25 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Bontafa: 10:50pm On Oct 20, 2022 |
seunmsg: Ha Even you too . At least your brain normal for this conversation 32 Likes 2 Shares
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Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Aremson14(m): 10:57pm On Oct 20, 2022 |
omoh 50 billi no be small money. Who are d owners abeg 3 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by LegendHero(m): 11:03pm On Oct 20, 2022 |
7 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Enimin: 11:10pm On Oct 20, 2022 |
chris4gold: Government Magic |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Treasure17(m): 12:41am On Oct 21, 2022 |
I'm interested o. At least I have one 2k I'm not using. |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by swaggerjack: 1:14am On Oct 21, 2022 |
gaby: 3 Likes
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Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Nobody: 2:12am On Oct 21, 2022 |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by franchasofficia: 4:46am On Oct 21, 2022 |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by ecolime(m): 4:53am On Oct 21, 2022 |
culf:My thought exactly 10 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by OgaDeyVex: 5:14am On Oct 21, 2022 |
No Be Small Thing ooooo |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by nazicartel(m): 5:28am On Oct 21, 2022 |
The owner is a Northener. Now that they have gotten the bank. What about those Muslims that withdrew their money because they didn't allow their workers to pray on a Friday 14 Likes 3 Shares |
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