October 21, 2022

[GIST] AMCON sells Polaris Bank N50bn to new investor

[GIST] AMCON sells Polaris Bank N50bn to new investor

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The Central Bank of Nigeria and the Asset Management Company of Nigeria have formally announced the completion of a Share Purchase Agreement for the acquisition of 100 per cent of the equity in Polaris Bank by Strategic Capital Investment Limited. The House of Representatives on Wednesday okayed the sale of Polaris Bank, noting that the


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