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Fire Only Affected Customer’s Car— Polaris Bank

Bukola Aro-Lambo by Bukola Aro-Lambo
21 hours ago
in Business, News
PHOTO 2026 06 18 16 54 18
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Following social media reports that the Broad Street branch of Polaris Bank went up in flames on Thursday, the bank has said the fire only affected a car at its car park within the building and no one was hurt in the incident.

Speaking with LEADERSHIP, Spokesperson of the bank, Rasheed Bolarinwa who described the social media reports as malicious and untrue said the car of a customer of the bank parked within the car park of the bank had caught fire.

According to him, the fire had been immediately contained by the Lagos State Fire Service and no one was hurt in the process.

He also assured that the banking service of the branch had not been affected in any way as customers continued to conduct business in the bank’s branch.

A statement issued by the bank read “earlier today, a fire incident occurred at our Broad Street Branch, Lagos, originating from a customer’s vehicle parked on the 3rd-floor car park.

“Our emergency response procedures were immediately activated, and with the swift intervention of firefighters and other emergency responders, the fire was successfully contained.

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“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.

“Assessments and investigations into the incident are ongoing. We appreciate the prompt response of the emergency services and the support of our staff, customers, and stakeholders. We thank God that everyone is safe.“

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Bukola Aro-Lambo

Bukola Aro-Lambo

Bukola Aro-Lambo is a journalist with Leadership Newspaper with over a decade of experience, specialising in economy and finance reporting. She covers macroeconomic trends, fiscal policy, public finance, banking, and fintech, combining official data with expert insight in a methodical, data-driven approach. Her reporting extends to development finance, infrastructure funding, agri-exports, climate finance, and technology-driven enterprise, offering clear, analytical coverage that supports informed public discourse on Nigeria's evolving economic landscape.

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