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    MarketForces Africa » MarketForces News » Polaris Bank Dismisses Fatality Rumours after Lagos Branch Fire

    Polaris Bank Dismisses Fatality Rumours after Lagos Branch Fire

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 18, 2026Updated:June 18, 2026 News No Comments2 Mins Read
    Polaris Bank Dismisses Fatality Rumours after Lagos Branch Fire
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    Polaris Bank Dismisses Fatality Rumours after Lagos Branch Fire

    Polaris Bank has dismissed social media reports claiming that more than 34 persons died in Thursday’s fire incident at its Broad Street Branch in Lagos, describing the reports as false and misleading.

    The bank, in a statement, assured customers and the public that no lives were lost in the incident, which it said originated from a customer’s vehicle parked in the building’s third-floor car park.

    According to the bank, emergency response procedures were immediately activated, while firefighters and other emergency responders swiftly moved in to contain the blaze.

    “We are pleased to confirm that there were no casualties or fatalities.

    “Consequently, reports circulating on social media claiming that over 34 persons were feared dead are false and entirely inaccurate,” the statement said.

    Polaris Bank added that investigations into the cause of the incident are ongoing and commended emergency responders, staff, customers and stakeholders for their support.

    The clarification came as the Lagos State Fire and Rescue Service (LSFRS) provided details of the incident, confirming that the fire had been successfully extinguished without any loss of life.

    The Controller-General of LSFRS, Mrs Margaret Adeseye, said the agency received a distress call at about 11.33 a.m. regarding a fire involving a stationary saloon car parked on the third floor of the 17-storey Polaris Bank building on Broad Street, Lagos Island.

    She said firefighters from the Ebute Elefun and Sari Iganmu Fire Stations responded promptly and contained the fire before it could spread to other vehicles or sections of the building.

    “The only damage recorded was to the affected vehicle and its immediate surroundings. No casualties or injuries were reported,” Adeseye said.

    She added that the firefighting operation had been successfully concluded and normalcy fully restored to the area. The fire chief commended the emergency teams for their swift response and professionalism, noting that their efforts helped minimise damage and guarantee public safety.

    The incident had sparked concern online after unverified reports claimed multiple casualties, claims now refuted by both Polaris Bank and the Lagos State Fire and Rescue Service. Polaris Bank, NACCIMA Inaugurate Export Support Centre

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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