skye bank

The Manager of Skye Bank Plc, Abak Road Branch, Uyo, Akwa Ibom State, Mr. Ubong Ekpe, is dead. According to source it was learnt that Ubong, who was married with children, drowned along with his brother, Francis, at the Ibeno Beach, Iwuokpom community, in the Ibeno Local Government Area of the...

Stories by Chinwendu Obienyi Equities trading on the floor of the Nigerian Stock Exchange (NSE), yesterday, reversed its previous loss of 0.33 per cent as the All Share Index (ASI) was up by 0.51 per cent, on the back of gains recorded by FCMB and Skye Bank , to … via The Sun News –...

Nigeria’s listed stocks gained circa N1.52trillion in the trading week to Friday January 12, 2018 which helped push the benchmark Index higher by 10.21percent, compared to the level in the preceding week. As foreign investors moved to take position in some of Nigeria’s listed stocks, …...

Deadly armed robbers on Thursday, attacked a Skye Bank branch in Ifon, Ondo State killing 3 policemen attached to the bank The robbery operation occurred shortly before 4pm when the bank was winding up the business of the day. READ MORE HERE

Skye Bank Plc has been favoured to take over Intercontinental Hotel over an alleged debt. It appointed a Senior Advocate of Nigeria (SAN), Mr. Kunle Ogunba, as the hotel’s receiver-manager in order to preserve its assets. The hotel, with 361 rooms, is on Plot 244 and 245 (now 52) Kofo Abayomi...

The Central Bank of Nigeria, CBN has barred 15 commercial banks from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window. PREMIUM TIMES reports that barred due to persistent complaints that they were deliberately frustrating...

Four Executive Directors at Skype Bank have resigned from their positions. A notification letter signed by Company Secretary / General Counsel, Mr Babatunde Osibodu said directors are Mr Idris Yakubu, Mrs Markie Idowu, Mrs Abimbola Izu and Mr Bayo Sanni. They served in the executive...

A Prosecution witness at the Federal High Court, Lagos revealed how the accounts with $15,591,700 (about N5 billion) allegedly belonging to former President Goodluck Jonathan’s wife, Patience, were opened. The prosecution witness, Uche Obiakor, who is Skye Bank Plc’s Deputy Manager, said the...

Skye Bank Plc has taken over control of the assets of Obat Oil in Apapa Business District of Lagos State on Friday. Obat Oil is owned by flamboyant business magnate and Olugbo of Ugboland in Ondo State, Oba Fredrick Obateru-Akinruntan. This follows an October 28, 2016 ruling of a Federal High...

There may be more trouble in for Patience, Wife of Former President Goodluck Jonathan, as the four companies charged alongside a former Special Adviser on Domestic Affairs to ex-President Jonathan, Waripamo Dudafa, and two others with money laundering have pleaded guilty to the offence...

The Central Bank of Nigeria has issued a statement to update customers on the financial conditions of Skye Bank. The apex bank faulted speculations that some banks in the country may be going under because they are distressed, stating that all existing banks are in safe financial condition...

The Central Bank of Nigeria has provided a loan to Skye Bank Plc to boost its liquidity after the lender breached requirements on capital and lending. The short-term lending facility will allow new management to “ensure that some withdrawals it suffered in the wake of the undue panic of last...

The Central Bank of Nigeria, CBN, has advised the public against panic withdrawals, assuring that commercial banks in the country are safe. There had been widespread fears that Nigerian banks are in distress after CBN took over Skye bank. However, Acting Director of Communications at the CBN...

The new Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Tokunbo Abiru, has affirmed the Central Bank of Nigeria’s (CBN) statement that Skye remains healthy and strong. Abiru, who spoke after taking over from his predecessor, Mr. Timothy Oguntayo, in a statement, said...

The Apex Bank, Central Bank of Nigeria has appointed new management team for the embattled financial institution, Skye Bank of Nigeria PLC. Accoridng to ProShare, the new changes include Muhammad K. Ahmad (former Director General of PENCOM) is new chairman of the Bank while Tokunbo Abiru is new...

The Nigeria Labour Congress (NLC) said it will begin a nationwide shutdown of banks who have arbitrarily sacked a large number of workers contrary to laid down procedures and the country’s extant labour laws beginning from July 1, 2016. In a letter of intent to the six affected banks which...