CBN quashes Polaris Bank liquidation rumour, says banking sector safe, sound

Sunnewsonline | 10-04-2026 04:20pm |

By Chinwendu Obienyi The Central Bank of Nigeria (CBN) has dismissed claims circulating on social media that Polaris Bank Limited is facing liquidation, assuring depositors, investors, and stakeholders that the Nigerian banking system remains resilient and sound following its recent recapitalisation exercise. The apex bank, in a statement posted on its official X (formerly Twitter)

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