CBN, Polaris Bank refute liquidation rumors

CBN, Polaris Bank refute liquidation rumors

The apex bank tagged the post “fake”, insisting that the Nigerian banking system is safe and secure.

CBN Debunks Rumour That Polaris Bank Is Undergoing Liquidation Amidst Okoya’s Acquisition Allegation

The Central Bank of Nigeria has debunked rumours suggesting that Polaris Bank is undergoing liquidation. The apex bank disclosed this in a post on X, assuring the public that the country’s banking system remains stable and secure. The clarification was after a viral post, claiming that Polaris Bank was facing liquidation for failing to meet the Bank’s recapitalisation requirements, and could soon lose its operating licence, with the Nigeria Depo…

‘Fake News’- CBN refutes Polaris Bank liquidation claim, says lender stable - NewsTmes.com.ng

The Central Bank of Nigeria (CBN), has dismissed circulating claims that Polaris Bank Limited is undergoing liquidation for failing to meet the regulator’s recapitalisation requirements. The clarification followed a viral post on X (formerly Twitter) by a user identified as @Femzydr1, which alleged that the bank was facing liquidation and could soon be taken over … The post ‘Fake News’- CBN refutes Polaris Bank liquidation claim, says lender sta…

CBN breaks silence as rumours swirl over Okoya buying Polaris Bank

The Central Bank of Nigeria has addressed a viral social media post claiming that billionaire Razaq Okoya is set to purchase Polaris Bank

CBN Dismisses Polaris Bank Liquidation Claim

The Central Bank of Nigeria (CBN) has responded to public concerns on X, regarding reports of Polaris Bank’s potential liquidation. It confirms that the bank remains operational and the Nigerian banking system is stable. This assurance follows recent legal and regulatory disputes involving commercial banks, which have unsettled depositors and investors. CBN’s reassurance comes amid … The post CBN Dismisses Polaris Bank Liquidation Claim appeared…

CBN Denies Plans to Revoke Polaris Bank Licence, Sell to Okoya

By Adedapo Adesanya and Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has described rumours that Polaris Bank Limited failed to meet the recapitalisation deadline on March 31, 2026, as fake news. The banking sector regulator in a post via its social media handle on X, formerly known as Twitter, on Thursday also said reports […]