We’ve refunded $300m NNPC deposit – Polaris Bank | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 94%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Managing Director of Polaris Bank, Mr Innocent Ike, has said that the bank has refunded the $300 million lodged with the bank by the Nigerian National Petroleum Corporation (NNPC) in 2012.

Ike said this while appearing before the House of Representatives ad hoc committee on the assessment and status of all recovered loots from 2002-2020.

He said that the NNPC was yet to confirm the receipt of the money paid into the apex bank’s account, while urging the NNPC to write and confirm payment, stressing that Polarise bank had written to the CBN to that effect. Rep. Adejoro Adeogun, the Chairman of the committee, said that such motive was suspicious, adding that money was also hurriedly paid to NNPC when the bank received a letter from it to appear before the committee for an explanation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. seeks beneficial trade ties with Nigeria, others | The Guardian Nigeria News - Nigeria and World NewsThe United States – Africa relationship under the government of Biden – Harris Administration, will entail increasing two-way trade and investment between Africa and the United States,
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Nigeria ranks 125th in CPI | The Guardian Nigeria News - Nigeria and World NewsThe Executive Vice Chairman, Federal Competition and Consumer Protection Tribunal (CCPT), Babatunde Irukera, has said that Nigeria ranks 125th in the global Consumer Protection Index ....
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Nigeria and Cattle: Dialogue of the deaf | The Guardian Nigeria News - Nigeria and World NewsThe Fulani North claims that cattle is central to their existence if they cannot sell their cattle the way they have been doing then The Northerner’s very existence is threatened.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

NASENI gets certification for made-in-Nigeria helicopter | The Guardian Nigeria News - Nigeria and World NewsNational Agency for Science and Engineering Infrastructure (NASENI) has received certification from the Nigeria Civil Aviation Authority (NCAA) for construction of the first made-in-Nigeria non-commercial helicopter. Helicopter made-in?
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Forex cryptocurrency: How to choose what to trade | The Guardian Nigeria News - Nigeria and World NewsTrading in cryptocurrency in Africa is growing rapidly in popularity. This can be attributed to a tech-savvy population that has already quickly embraced digital payments via mobile. However, trading Forex has also seen increased growth in the country with an estimated 1,3 million traders recorded in Africa. With this growth, there are many potential traders […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Pandemic has increased trust in media: report | The Guardian Nigeria News - Nigeria and World NewsThe pandemic has helped rebuild a little of the confidence lost in the media, and pushed news companies even more towards digital, according to the annual Reuters Institute report published Wednesday.
Source: GuardianNigeria - 🏆 1. / 94 Read more »