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Photos From Ofala Festival In Anambra State

Here are photos from the Ofala Festival in Anambra State. The colourful traditional Ofala Festival held in Onitsha, Anambra State on Saturday. The three-day festival features colourful displays of works of art and CONTINUE-READING

Federal Govt Budgets N13.8bn For Obasanjo, Jonathan, IBB, Atiku, Others

It is, however, not clear if the President, Major General Muhammadu Buhari (retd), and his deputy, Prof Yemi Osinbajo, will benefit from the largesse as they will hand over power on May 29, 2023. Buhari served as Head of State between December 31, 1983 and August 27, 1985 before he was booted out of CONTINUE-READING

New Owner Buys Polaris Bank For N50b, Gets 25-Year To Repay Govt’s N1.3tr

Strategic Capital Investment Limited emerged the preferred bidder for the lender, the CBN said in a statement late Thursday. The sale decision was jointly taken with the Asset Management Corporation of Nigeria (AMCON), the government’s bad debt buyer, which took over Skye Bank after the CONTINUE-READING

10 Facts To Note About Polaris Bank

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 CONTINUE-READING

Polaris Bank Gets New CEO, Retains Chairman

The new board will be led by the existing Chairman, M K Ahmad. He will be joined on the board by six non-executive directors and three executive directors, bringing extensive experience in the banking and wider financial services sector in Nigeria and internationally, and expertise in CONTINUE-READING

North East Leads As Terrorists, Others Kill 53,418 Under President Buhari

Insecurity has worsened under the regime with some state governors instructing their citizens to bear arms to defend themselves despite the current embargo on the issuance of firearm licences. Governors Samuel Ortom of Benue State, Bello Matawalle of Zamfara State and Aminu Massari of CONTINUE-READING