The Central Bank of Nigeria 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.
-Punch.
More Stories
ARISE Palm Resort: Akwa Ibom’s New Jewel of Tourism
Emmanuel Enoidem’s Defection to APC Marks a New Political Chapter in Akwa Ibom
Governor Umo Eno Champions MSME Growth with Launch of 3E Arena