The Central Bank of Nigeria (CBN) has revoked the operating licence of Skye Bank Plc with immediate effect.
Governor of Central Bank, Godwin Emefiele, disclosed this during a press briefing in Lagos on Friday.
He said that Skye Bank would now be taken over by Polaris Bank, which would take over all the assets and liabilities of the defunct entity.
The CBN governor also announced the injection of a fresh N786 billion into bank, while the Asset Management Corporation of Nigeria (AMCON) has been asked to immediately commence the sale process of the assets of the defunct bank from next Monday.
EFCC has reacted to the viral list of ex-govs under investigation over alleged corruption.…
Russia has placed the President of Ukraine, Zelenskyy on its wanted list. Glamtush reports that…
NDLEA has arrested five members of an international drug syndicate. Glamtush reports that an international…
Wofai Fada’s sister-in-law has welcomed her into their family despite their father’s public disclaimer. Glamtush…
Wofai Fada father-in-law has given reasons for rejecting son’s wedding Engineer Kunle Cole, the father-in-law of Wofai…
In a shocking development, the purported in-laws of famous actress and comedienne, Wofai Fada have refuted…