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Polaris Bank pledges to support infrastructure, agriculture, housing, education in Ogun State
PHOTO CAPTIONL-R: Chinwe Iloghalu, Polaris Bank’s Executive Director, Lagos & Corporate Banking; Adekunle Sonola, Polaris Bank’s Managing Director/CEO, Governor Dapo Abiodun of Ogun State and Tokunbo Talabi, Secretary to Ogun State Government when Polaris Bank Executive Managment team paid a visit to Ogun State Governor in his office in Abeokuta recently.
Lagos, Nigeria: November 8, 2023 – Polaris Bank, Nigeria’s leading digital retail Bank has pledged to support the development of high-impact sectors including road infrastructure, housing, education, healthcare and agro processing in Ogun State.
The Managing Director/CEO of Polaris Bank, Mr. Adekunle Sonola, stated this while speaking with journalists after he led the Bank’s management team on a courtesy visit to the Ogun State Governor, Prince Dapo Abiodun, in his office at Oke-Mosan, Abeokuta, on Wednesday.
Recognizing the notable achievements of the state administration in infrastructure, education, and agro-processing, Mr. Sonola emphasized Polaris Bank’s willingness to provide support, particularly in financing, to expedite socio-economic development. The meeting focused on various collaborative opportunities in infrastructure, housing, healthcare, education, and agriculture, showcasing the bank’s commitment to complement the government’s efforts in delivering services to the Ogun state people.
Expressing readiness to offer counterpart funding support, Mr. Sonola highlighted Polaris Bank’s innovative products, such as the e-hospital platform, deployed in 11 states, enhancing revenue collection through technology. Describing Ogun State as one of Nigeria’s most progressive states with robust infrastructure, he commended the state’s conducive business environment.
“Governor Abiodun is running one of the most progressive states in the country with a lot of laudable objectives and achievements in the last four years. As Bankers to the community, we are here to show our support and to also see for ourselves the achievements on ground, as well as offer our services for the progress and development of the state,” he stated.
The Polaris Bank CEO noted that the management identified opportunities and areas of collaboration with the Ogun State Government, assuring that in a few months, the people would begin to see the delivery of the projects agreed on at the meeting,
He stated that the meeting with Governor Abiodun centered on a wide range of areas, including infrastructure, housing delivery, healthcare improvement programmes, education, agriculture and other sectors that the bank could be of assistance, as well as the complementary relationship to deliver services to the people.
He said further that Polaris Bank has a long-term presence in the state, including having one of the vibrant and modern bank branches in the state capital, and affirmed that the people of the state would continue to enjoy robust personal banking experience at all times.
Sonola called on investors to take advantage of the enormous potential and the conducive business environment provided by the state government to open their businesses in the Gateway State.
Polaris Bank was adjudged Digital Bank of the Year in 2021 and 2022, 2023 by BusinessDay’s Banks and Other Financial Institutions (BAFI) Awards. And as a digital-forward Bank dedicated to forging a customer-focused future through innovative partnership that reshape both businesses and communities.
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ADC appeals judgment that sacked David Mark
The David Mark-led faction of the African Democratic Congress (ADC) has approached the Court of Appeal to challenge the Federal High Court judgement that removed its leadership.
The opposition party also disclosed that it had filed an application seeking a stay of execution of the judgement pending the hearing and determination of its appeal.
The party made this known in a statement on Friday, November 6, adding that it had formally notified the Independent National Electoral Commission (INEC) of the legal steps taken,
The appeal is against the judgement delivered by the Federal High Court in Abuja on November 5, 2026, in Suit No. FHC/ABJ/CS/1619/2025, involving Hon. Nafiu Bala Gombe and the ADC.
The party urged INEC to refrain from taking any further action on the matter until the Court of Appeal has considered the case.
It argued that the application for a stay of execution was yet to be decided and that the electoral commission should not take any step that could affect the outcome of the appeal.
According to the ADC, it expects INEC to respect the ongoing legal process and allow the appellate court to hear the matter before making any decision connected to the judgement.
The statement partly read, “The ADC is exercising its lawful right to appeal. The judgement is now being challenged before a higher court, and the legal process must be allowed to run its course.
“We expect INEC to uphold the law and take full account of the pending proceedings before making any consequential decisions.”
The party also urged its members and supporters to remain calm, insisting that the court judgement would not stop its political activities.
It said its campaigns would continue while it explored all available legal options to defend its position.
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Court sacks David Mark led Exco, nullifies Atiku’s candidature
The Federal High Court in Abuja has nullified the leadership of the African Democratic Congress (ADC) led by Senator David Mark, declaring the caretaker committee that oversaw the party’s affairs illegal and invalidating all decisions taken by the committee.
The judgment, delivered on Thursday by Justice Peter Lifu, also affects the presidential primary that produced former Vice President Atiku Abubakar as the ADC’s flag bearer for the 2027 general elections.
Atiku, whose name had earlier been published by the Independent National Electoral Commission (INEC) as the party’s presidential candidate, had already selected former Rivers State Governor, Rotimi Amaechi, as his running mate.
The ruling followed a suit instituted by Nafiu Bala Gombe, a former National Deputy Chairman (North-East) of the ADC, who challenged the process through which the David Mark-led leadership assumed control of the party.
Gombe argued that following the resignation of the party’s former National Chairman, Chief Ralph Nwosu, he was constitutionally entitled to take over the leadership.
He consequently asked the court to invalidate all actions undertaken by the Mark-led leadership and restrain Senator Mark and Ogbeni Rauf Aregbesola from presenting themselves as the party’s National Chairman and National Secretary, respectively.
The plaintiff maintained that their emergence violated the ADC constitution and relevant provisions of the Electoral Act.
In suit No. FHC/ABJ/CS/1819/2025, the ADC, INEC, Senator David Mark, Aregbesola and Chief Ralph Nwosu were listed as defendants.
Justice Lifu upheld Gombe’s claims and granted the reliefs sought, effectively invalidating the authority of the caretaker committee and decisions taken under its leadership.
The verdict is expected to trigger fresh political uncertainty within the ADC, particularly over Atiku’s presidential ambition and the party’s preparations for the January 16, 2027 presidential election.
However, the party has vowed to challenge the judgment at the appellate court.
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