The Central Bank of Nigeria has revoked the operating licence of Skye Bank Plc with immediate effect and will be renamed Polaris Bank

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here