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BREAKING | CBN Revokes Skye Bank’s License

BREAKING | CBN Revokes Skye Bank’s License

As per Emefiele, investors’ assets are protected.

The Central Bank of Nigeria (CBN) has pulled back the working permit of Skye Bank.

Godwin Emefiele,

CBN Governor, declared the choice to pull back the permit on Friday.

As indicated by Emefiele, contributors’ assets are protected.

While the administration of the bank has been held for its amazing execution, the Nigeria Deposit Insurance has been said to have infused N786 billion into the new bank — – Polaris Bank has been built up to take up responsibility for resources and liabilities of Skye Bank.

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