Polaris Bank has dismissed reports claiming that more than 34 people died in a fire outbreak at its Broad Street branch on Lagos Island, insisting that the claims are false and misleading.
The incident occurred on Thursday, June 19, 2026, at the bank’s 17-storey building located at 61/65 Broad Street, where a fire broke out in the car park area on the third floor.
Fire Triggered by Vehicle, Quickly Contained
In a statement, the bank explained that the fire originated from a customer’s stationary vehicle parked within the car park facility.
According to management, emergency response procedures were immediately activated and firefighters arrived promptly at the scene, successfully bringing the situation under control before it could escalate.
The bank stressed that the response helped prevent what could have been a major disaster in the high-rise building.
“No Casualties Recorded” — Polaris Bank
Contrary to viral reports circulating online, the bank said there were no deaths or injuries recorded in the incident.
It described claims that over 34 persons died as completely false and urged the public to disregard such misinformation.
“The fire was swiftly contained… We confirm that there were no casualties or fatalities,” the statement said.
The statement added that investigations into the cause of the fire are still ongoing.
Fire Service Confirms Situation Under Control
The Lagos State Fire and Rescue Service also confirmed that the blaze was quickly contained after emergency responders arrived at the scene.
Officials said the fire involved a parked saloon car on the third-floor parking section of the building. Firefighters from Ebute Elefun and Sari Iganmu stations responded to the distress call around 11:33 a.m.
Don’t Miss: Dangote Refinery Slashes Diesel, Jet Fuel Prices Again as Petrol Drop Continues
However, authorities noted that damage was limited to the affected vehicle and its immediate surroundings, with no injuries reported.
Investigation Ongoing
While the fire has been extinguished, officials say the cause is yet to be determined, and investigations are continuing.
Polaris Bank has meanwhile urged the public to rely only on verified updates from official sources.