The Nigeria Deposit Insurance Corporation (NDIC) said it saved about ₦949.6 billion depositors’ funds in failed Skye Bank. Its Managing Directors, Alhaji Umaru Ibrahim, disclosed this in Benin City on Tuesday at the opening of a workshop for financial journalists organised by NDIC. He said the saving was achieved through the adoption of bridge bank […]
Read More The Nigeria Deposit Insurance Corporation and the Central Bank of Nigeria are monitoring the investigations by law enforcement agencies against the directors and management of the failed Skye Bank Plc. The move is to determine their culpability in the failure of the bank. The Managing Director and Chief Executive of the NDIC, Umaru Ibrahim, said […]
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The Managing Director of Cowry Asset Management Limited, Mr. Johnson Chukwu, has described the recent revocation of the operating licence of the defunct Skye Bank and the assumption of the bank’s assets and liabilities by Polaris Bank Limited as “an inevitable route to resolving the bank’s solvency problem.” Speaking in a chat with THISDAY, Chukwu, […]
Read More The Central Bank of Nigeria (CBN) Friday revoked the licence of Skye Bank, and transferred its assets and liabilities to a newly licensed bridge bank called Polaris Bank. Meanwhile, the Nigeria Deposit Insurance Corporation (NDIC) has sold Polaris Bank to the Asset Management Corporation of Nigeria (AMCON) with the mandate to stabilise the bank as […]
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The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended from trading on Sept. 24. The exchange gave the notice in Lagos in a statement by Mr Olumide Orojimi, Head, Corporate Communications and Mr Godstime Iwenekhai Head, Listings Regulations. NSE said in the statement that […]
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A 26-year old undergraduate, Damilola Rachel Ajayi, has won the overall prize of ₦5 million in the just-concluded Skye Bank Ref ‘n’ Win Promo. The ‘Ref n Win’ promo was a youth-focused initiative designed to reward Skye Bank’s account holders who were mainly undergraduates across the country. During the course of the campaign, students who […]
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The Chief Executive Officer, Skye Bank Plc, Tokunbo Abiru, has charged the newly hired employees to embrace integrity and professionalism as key ingredients for a successful banking career in the era of openness and Internet of Things. Abiru gave this charge while speaking at the graduation ceremony of Skye Graduate Intensive Training, which held at […]
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Equities trading on the floor of the Nigerian Stock Exchange (NSE), yesterday, reversed its previous loss of 0.33 per cent as the All Share Index (ASI) was up by 0.51 per cent, on the back of gains recorded by FCMB and Skye Bank , to close at 43,119 points. At the close of trading, the […]
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THE Nigerian Stock Exchange (NSE) is expected to move Sterling Bank Plc, Diamond Bank and three other stocks to the top index of 30 most capitalised stocks in the forthcoming review of the stock market’s indices. The NSE is expected to review the six group indices that track performance of some groups of stocks at […]
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Skye Bank Plc and six other companies have been commended and awarded platinum prize for committing huge resources in support of securing lives and property in Lagos State. The six other companies are: Zenith Bank Plc; First Bank Plc; United Bank for Africa; Access Bank Plc; Dangote Group and MTN Foundation. The seven organisations were […]
Read More The Chief Executive Officer, Skye Bank Plc, Tokunbo Abiru, has renewed the bank’s commitment to personalised customer service as the new focus of the bank’s retail banking strategy. He disclosed this during the unveiling of a television commercial on its digital banking solution; SkyeXperience, a statement on Wednesday indicated. The television commercial which is titled, […]
Read More Skye Business School has been awarded full accreditation status as a full-fledged banking/finance, business and continuous human capital training academy by the Chartered Institute of Bankers of Nigeria (CIBN). The accreditation which is in collaboration with the Central Bank of Nigeria (CBN) is sequel to the conclusion of a rigorous vetting and accreditation process. CIBN […]
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