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BREAKING! CBN Revokes Skye Bank’s Operating License, Polaris Bank To Take Over

Published

7 years ago

September 21, 2018

Israel Nwachukwu

The Central Bank of Nigeria has revoked the operating licence of Skye Bank Plc with immediate effect.

Governor of Central Bank, Godwin Emefiele, made this known 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.

Details later…

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