Polaris Bank has commenced implementation of the regulatory Central Bank of Nigeria (CBN)’s extra N5 for every Dollar received into domiciliary accounts or as cash over the counter. The acting Managing Director/CEO of Polaris Bank, Mr. Innocent C. Ike disclosed that “growing evidence has shown a positive relationship between diaspora remittances and economic growth and as such, the Bank will continue to contribute its quota to enhancing economic development in the country”. The Polaris Bank CEO further explained that, the decision is in line with the CBN’s directive and fully…
Read MorePolaris Bank commences Extra N5 payment for Dollar remitted to Nigeria
