Business Hilights

Tracking Nigeria's Headline Business News Online

bridge bank

Just in: CBN revokes Skye Bank licence, names Polaris as receiving bridge bank

The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, this Friday evening, September 21, 2018, announced the immediate revocation of the operating licence of Skye Bank Plc, but maintained sealed lips on reasons behind the regulatory action. While…