BREAKING: CBN revokes Skye Bank’s licence

CBN revokes Skye Bank’s licence. 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.

More details shortly.

Leave a comment

Nelson

Omotimehin Nelson is the chief editor of mystatenews.com as well the chairman of Nestec group that powered the news media mystatenews.com. He ventures into professional investigative journalism and he is now award-winning news and content writer. Connect with me for more