CBN’s plot to secretly sell Polaris Bank for N40bn to Auwal Gombe, IBB’s in-law uncovered

Emerging details have revealed that the Central Bank of Nigeria is proceeding secretly but firmly to sell Polaris Bank Ltd to an obscure businessman for roughly N40 billion, according to multiple sources familiar with the ongoing talks. The transaction, if it goes through, would amount to a paltry three percent of up to N1.2 trillion … Continue reading CBN’s plot to secretly sell Polaris Bank for N40bn to Auwal Gombe, IBB’s in-law uncovered