Polaris Bank: Can regulators achieve anything probing seating bank directors?
Recent comments by both the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) that they are monitoring the investigations by law enforcement agencies against the directors and management of the failed Skye Bank Plc, now Polaris…
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…
