Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Global Equities Markets Rally on AI Momentum, US Election

    November 5, 2026

    Ethereum High on Relief Rally, Gains 6% in 24 Hours

    November 5, 2026

    XRP Rises 231bps Ahead of US Employment Situation Report

    November 5, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Global Equities Markets Rally on AI Momentum, US Election
    • Ethereum High on Relief Rally, Gains 6% in 24 Hours
    • XRP Rises 231bps Ahead of US Employment Situation Report
    • Moniepoint Opens USSD Channel for N50K Relief Fund for Nigerians
    • Bitcoin Price Rises to $80k on Force Buying, Oversold Rebound
    • Court to Deliver Judgment in El-Rufai’s N10bn Rights Suit
    • Naira Dips Near N1,348 on FX Demand, Supply Imbalance
    • Transcorp Power Spikes 10% as Investors Stake Post-Earnings Bets
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, November 5
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    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
    Polaris Bank on Fire
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    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

    Polaris Bank
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    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.

    Keep Reading

    Global Equities Markets Rally on AI Momentum, US Election

    Ethereum High on Relief Rally, Gains 6% in 24 Hours

    XRP Rises 231bps Ahead of US Employment Situation Report

    Moniepoint Opens USSD Channel for N50K Relief Fund for Nigerians

    Bitcoin Price Rises to $80k on Force Buying, Oversold Rebound

    Court to Deliver Judgment in El-Rufai’s N10bn Rights Suit

    Add A Comment

    Comments are closed.

    Editors Picks

    Global Equities Markets Rally on AI Momentum, US Election

    November 5, 2026

    Ethereum High on Relief Rally, Gains 6% in 24 Hours

    November 5, 2026

    XRP Rises 231bps Ahead of US Employment Situation Report

    November 5, 2026

    Moniepoint Opens USSD Channel for N50K Relief Fund for Nigerians

    November 5, 2026

    Bitcoin Price Rises to $80k on Force Buying, Oversold Rebound

    November 4, 2026
    Latest Posts

    Global Equities Markets Rally on AI Momentum, US Election

    November 5, 2026

    Ethereum High on Relief Rally, Gains 6% in 24 Hours

    November 5, 2026

    XRP Rises 231bps Ahead of US Employment Situation Report

    November 5, 2026

    Moniepoint Opens USSD Channel for N50K Relief Fund for Nigerians

    November 5, 2026

    Bitcoin Price Rises to $80k on Force Buying, Oversold Rebound

    November 4, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.