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
Aniekpeno Mkpanang Takes the Helm as Ati Annang President, Promises a Bold New Era
Patience Ozokwor Speaks on Rising Divorce Rates: Calls for Marriage Education
Akwa Ibom Police Urge Residents to Connect on Social Media for Enhanced Safety and Service