Kanu’s US Lawyer Drags Buhari, AGF Malami To US Congress, Seeks Heavy Sanction

Read full here: https://dailynewsreporters.com/kanus-us-lawyer-drags-buhari-agf-malami-to-us-congress-seeks-heavy-sanction/

Anambra State PPSSC Release Names Of Over 3000 Successful Candidates, Verification Date, Venue Announced

Read more: https://dailynewsreporters.com/anambra-state-ppssc-release-names-of-over-3000-successful-candidates-verification-date-venue-announced/

Time And Seasons: EKWEREMADU And WIFE Seems To Have Been Left To Their Fate

Senator Ike Ekweremadu’s ordeal proves Nigerian Politicians are the proverbial land that eats its inhabitants… continue reading: https://dailynewsreporters.com/time-and-seasons-ekweremadu-and-wife-seems-to-have-been-left-to-their-fate/

Alot of news about polaris bank sales. No need to panic. We thought to share 10 interesting facts about the news.

1. Polaris Bank was created as a bridge bank. This means that it was created to manage the assets and liabilities of another bank which failed (in this case, Skye Bank). The regulatory authorities intervened to stabilize the bank with the much-needed liquidity. The bank has since grown and its roots are grounded in the Nigerian financial ecosystem thus now fit for ownership by competent and capable investors.

2. The new investor is Strategic Capital Investment Limited. Ponglomerape Limited is a diversified conglomerate with massive investments in the real estate, Agriculture, Manufacturing, and Consulting sectors. The company was established to identify and implement the completion of a strategic investment in the Nigerian financial services sector, as the first step in an investment strategy focused on building a strong and robust growth platform within the Nigerian financial services sector.

3. YES. Shareholders’ funds and customers’ deposits are 100% safe and will remain so.

4. NO. There are no planned staff layoffs.

5. Yes. There is a new board led by M.K Ahmad who is continuing in his role as Chairman Polaris.

6. Yes. There is a new management team led by Adekunle Sonola.

7. Adekunle Sonola is a proven and experienced veteran of the banking industry, with decades of experience in executive and managerial positions in corporate banking, investment banking, and commercial banking, across several banks and multiple countries. Under his management, the bank is poised to take banking services to the next level, as he brings to bear his wealth of experience in various areas of banking to take Polaris to the next level in delivering banking services to customers and partners.

8. NO. This is not a political transaction.

9. Yes, the current focus of the new management is on stability and growth.

10. Yes. The Central Bank of Nigeria and the Asset Management Corporation of Nigeria have fully passed on all the assets and liabilities of Polaris Bank to SCIL.

Source: https://dailynewsreporters.com/10-interesting-facts-about-the-sale-of-polaris-bank-to-scil/

High Insecurity: Group Call For Immediate Resignation Of El Rufai, Requests For State Of Emergency

Read full here: https://dailynewsreporters.com/high-insecurity-group-call-for-immediate-resignation-of-el-rufai-requests-for-state-of-emergency/

Nnamdi Kanu: FG Appeals Court Of Appeal’s Judgement

Read full: https://dailynewsreporters.com/nnamdi-kanu-fg-appeals-court-of-appeals-judgement/

Fake 29-year Old EFCC Operative Arrested for Defrauding Belgian €45,000

Read full: https://dailynewsreporters.com/fake-29-year-old-efcc-operative-arrested-for-defrauding-belgian-e45000/

Police Reveals Why They Teargased #EndSARS Memorial Protesters

Read more: https://dailynewsreporters.com/police-reveals-why-they-teargased-endsars-memorial-protesters/

After 44 days in office, UK Prime Minister, Liz Truss resigns following failed budget

Read full story here: https://dailynewsreporters.com/after-44-days-in-office-uk-prime-minister-liz-truss-resigns-following-failed-budget/

Meet Rev. Fr. Edeh, the richest catholic priest in the world with a net worth of $90m

Read more here: https://dailynewsreporters.com/meet-rev-fr-edeh-the-richest-catholic-priest-in-the-world-with-a-net-worth-of-90m/

High Chief Vincent Udobi Bags Honorary Doctoral Fellowship In Humanitarian-Community Service Award

Read more: https://dailynewsreporters.com/high-chief-vincent-udobi-bags-honorary-doctoral-fellowship-in-humanitarian-community-service-award/

Northern Group Reveals Why They Cannot Back Atiku

Read more: https://dailynewsreporters.com/northern-group-reveals-why-they-cannot-back-atiku/

Appeal Court Judgement: Nnamdi Kanu’s Lawyers Write AGF, DSS, Demand Release

Read more here: https://dailynewsreporters.com/appeal-court-judgement-nnamdi-kanus-lawyers-write-agf-dss-demand-release/

Unknown Gunmen Kidnap Anambra Catholic Priest

Read full details here: https://dailynewsreporters.com/unknown-gunmen-kidnap-anambra-catholic-priest/

See Nigeria’s Rank In Global Hunger Index

Read more: https://dailynewsreporters.com/see-nigerias-rank-in-global-hunger-index/