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New Core Investor Takes Over Polaris Bank

Polaris Bank has announced 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’).

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Two Company Workers Arraigned Over N50 million Fraud

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Two workers of a limited liability company Ayodeji Akanbi and Olanrewaju Owodunni Oreofe, have been arraigned before a Federal high court in Lagos alongside thier company Somarem Comcept alleged to have been formed by them to defraud thier former company Sarabel Logistics and Security Limited to the tune of N50million

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