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Polaris Bank rewards 50 winners in ongoing ‘Save and Win’ promo
Polaris Bank held the first draw in her ongoing Polaris ‘Save & Win’ promo where 50 persons emerged winners.
The development is in line with the Bank’s commitment to rewarding its loyal customers across the nation.
The Bank, said winners emerged through a draw exercise which was witnessed by relevant Agencies of government; Federal Competition & Consumer Protection Commission (FCCPC), National Lottery Commission (NLRC) and Advertising Regulatory Council of Nigeria (ARCON) who confirmed that the 50 lucky winners were selected from various regions spanning the six geo-political zones of Nigeria.
Each winner received a cash prize of N10,000. The draw which took place at the Bank’s headquarters in Lagos, further underscored Polaris Bank’s dedication to fairness in all its promotions and activities.
During the draw, winners were called at random using a hybrid media technology which enabled in-premises event; as well as participation of over 1000 customers through the Bank’s virtual network and social media handles.
One of the winners commended the Bank in putting in place the promo at this time which he said was relevant saying “Thank you to Polaris Bank, this money definitely came in at the right time, I will make sure to tell my friends to open accounts with the Bank and participate in the promo so we can all enjoy this money”.
Speaking at the live draw event, the representative from FCCPC; Susie Onwuka said, “We’ve been monitoring Polaris Bank since the promo started and it has been fair, they comply to rules and guidelines. Customers should feel free and confident to participate in the promo”.
During the unveiling of the winners, Polaris Bank’s Group Head, Brand Management & Corporate Communication, Mr. Nduneche Ezurike, also expressed the Bank’s commitment to encouraging a culture of savings among its customers. “The Polaris Bank Save & Win promo is not just about rewarding customers; it’s also about encouraging our customers to save for the rainy day”.
He emphasized that customers can still participate in, or increase their chances of winning by depositing a minimum of N10,000 in their Savings account. He also noted that non-customers of the Bank can participate for a chance to win in the draws by opening a Polaris Savings account with N2,000 and growing same to N10,000 before the next draw date.
The representatives of the regulatory bodies commended the Bank for making good its promise to winners of the draws.
For those wishing to be part of the Campaign, below are four (4) ways to participate in the ongoing Polaris Save & Win promo:
1. Download VULTe on iOS and the App store to open a Polaris Savings Account or dial USSD *833*0# on your phone or log into Polaris Bank savings portal.
2. Grow your account by N10,000 or more and maintain for 30 days or by N10,000 for 3 consecutive months to qualify for monthly & quarterly draws respectively.
3. If your account is dormant, you can reactivate your account without visiting the Bank by simply dialing *833*30#.
4. Follow the Bank’s handles @polarisbankltd across all social media platforms or visit the website to stay updated.
Polaris Bank, adjudged Digital Bank of the Year 2021 and 2022, is a future-determining Bank committed to delivering industry-defining products for individuals and businesses.
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15 members of the Rivers State House of Assembly, led by Speaker Martin Amaewhule, have left the Peoples Democratic Party, PDP, for the All Progressives Congress, APC.
Amaewhule disclosed the lawmakers’ decision during Friday’s plenary, attributing their defection to what he called a “clear division” within the PDP.
“Distinguished colleagues, very happily, let me announce that your Speaker has decided, and has indeed written to my ward chairman of my decision, to leave the PDP. APC is my new party,” Amaewhule said.
Amaewhule’s Deputy, Dumle Maol, is one of the 16 lawmakers that joined APC as well.
All the lawmakers, who have jumped ship, are core loyalists of the Minister of the Federal Capital Territory, FCT, Chief Nyesom Wike.
The Central Bank of Nigeria,has rolled out a new framework ito expedite handling of fraud accusations and refund victims.
Customers must report suspected fraudulent transactions within 72 hours under this draft guideline, and financial institutions have 16 working days to look into the matter and repay money.
The action comes in the wake of a dramatic increase in banking sector fraud.
According to data from the Financial Institutions Training Center, losses in the first quarter of 2025 increased to ₦3.29 billion, a startling 603 percent increase over the previous year. In the same time frame, reported cases also increased to 12,347.
The November 26, 2025, proposed regulations seek to improve bank accountability, expedite reimbursements, and boost prevention.
Director of the Financial Policy and Regulation Department Rita Sike signed the circular, which describes stricter regulations intended to prevent fraud before it occurs.
The apex bank’s ongoing fight against financial fraud has advanced with the adoption of this guidance. To enhance cooperation between operators, it established the Nigeria Electronic Fraud Forum in 2011.
It directed banks to establish specialized fraud bureaus four years later. By requiring BVN or NIN for account opening, it reinforced Know Your Customer checks in 2023.
Operatives of the Department of State Service have arrested a medical doctor treating wounded kidnappers inside the forest in different parts of Kwara State.
The suspect, whose name could not be ascertained at press time, was also involved in supplying drugs to kidnapping gangs operating in Kwara.
The DSS intercepted the medical doctor in the Jebba area after intelligence reports revealed that some couriers had been moving medical supplies from Sokoto to treat wounded bandits hiding in forests across the state.
A security official said many of the criminal groups have sustained gunshot injuries in recent encounters with forces.
The source said, “So, we are advising improved security measures in health facilities in thickly forested areas which the kidnappers may target.”
Confirming the development, the Chief Press Secretary to the Governor of Kwara State, Rafiu Ajakaye, said the arrest was another significant breakthrough in ongoing efforts to combat banditry.
Ajakaye noted that the state government will continue to strengthen collaboration with security agencies to shut down all channels aiding kidnapping activities.
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