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Reps directs CBN to suspend sale of Polaris Bank - National Accord Newspaper

Reps direct CBN to suspend sale of Polaris Bank

Reps direct CBN to suspend sale of Polaris Bank
withinnigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from withinnigeria.com Daily Mail and Mail on Sunday newspapers.

Nigerian Federal Lawmakers Order Central Bank To Suspend Sale Of Polaris Bank For N40 Billion After N1 Trillion Investment, Set Up Adhoc Committee

Following several reports that the Central Bank of Nigeria (CBN) is planning to sell Polaris Bank Plc for N40 billion, the House of Representatives has directed an immediate suspension until due diligence is concluded. SaharaReporters earlier reported Nigeria's apex bank did not deny the plan to sell the bank for N40 billion after the government had invested over N1 trillion in it.

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