The Economic and Financial Crimes Commission, EFCC, has re-arraigned a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni, and the former Managing Director, MD of the Bank, Timothy Ajani Oguntayo, before Justice Ijeoma Ojukwu, of a Federal High Court, Abuja, on an...
The Economic and Financial Crimes Commission on Monday arraigned before the Federal ...
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The Nigeria Deosit Insurance Corporation, NDIC,said yesterday it saved about N949.6 billion depositors’ funds in failed Skye Bank.
Managing Director of the Corporation, Alhaji Umaru Ibrahim, disclosed …
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The Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) are monitoring the investigations the law enforcement agencies instituted against the directors and management of the defunct Skye Bank Plc determine their culpability in the failure of the financial...
The recent failure of one of the nation’s commercial banks, Skye Bank Plc, has again raised concerns about the corporate governance culture of our financial institutions.
It is common knowledge that bank failures don’t happen overnight. The build-up is …
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The Central Bank of Nigeria has asked all customers of former Skye Bank now Polaris bank, not to fret or panic as their money in the bank is safe.
This evening, the apex bank revoked the license of the former Skye bank. The CBN governor, Godwin Emefiele said the …
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The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended from trading on Sept. 24.
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The Central Bank of Nigeria (CBN) on Friday evening announced the takeover of Skye Bank by Polaris Bank. However, the CBN has …
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The Central Bank of Nigeria (CBN) this evening announced the takeover of Skye Bank, and the setting up of a new Bridge Bank called Polaris to manage the bank’s assets.
A N786 billion facility is to be injected into the bank by AMCON, according …
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The Central Bank of Nigeria (CBN) has renewed the mandate of the Board of Skye Bank for additional two years in spite of non-availability of financial statement for 2016 and 2017.
The Board has M.K Ahmad and Tokunbo Abiru as its chairman and group …
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