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CBN withdraws Skye Bank’s license

CBN withdraws Skye Bank’s license

The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank. CBN Governor, Godwin Emefile who announced the decision on Friday evening in Lagos said depositors funds remain safe. Polaris Bank has been established to assume ownership of the assets and liabilities of Skye Bank. The Nigeria Deposit Insurance Corporation has injectedRead More …

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