Skye Bank empowers women entrepreneurs

Skye Bank Plc is committed to empowering women entrepreneurs across various sectors of the Nigerian economy. This position was further reinforced by the bank when it presented certificates of proficiency to three lucky members of the Skye Pearl community who participated in the just -concluded three-month art of fashion training organised by Ibile Vogue Academy. […]

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Skye Bank leverages broadband for better customer experience

With renewed vigour, Skye Bank Plc said in Lagos recently said that it has expanded its digital financial offerings by launching SkyeXperience, a banking solution that leverages on broadband. According to the bank, the deployment is a display of its commitment to its valued customers who have continued to not only do business with the […]

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Skye Bank launches ‘SkyeXperience’ to expands digital financial offerings

Skye bank Plc has expanded its digital financial offerings to customers by launching SkyeXperience, a unique banking solution. The bank’s Group Managing Director/Chief Executive Officer, Mr. Adetokunbo Abiru, said the overriding objective of launching the solution was to simplify service delivery and personalise the customer experience. “As a pledge of commitment to a new service […]

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Skye Bank denies concealing TSA funds

Skye Bank Plc on Friday denied concealing funds meant to be transferred into the Federal Government’s Treasury Single Account. The Federal High Court in Lagos had on Thursday ordered seven commercial banks to temporarily remit a total of $793.2m allegedly hidden by them in contravention of the Federal Government’s TSA policy. Justice Chuka Obiozor ordered […]

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Skye Bank outlines recapitalisation, future plans

Skye Bank Plc says it has appointed a reputable investment bank as its financial adviser for its proposed recapitalisation programme. A joint statement, signed by the bank’s Chairman, M. K Ahmad, and the Group Managing Director, Mr. Tokunbo Abiru, indicated that the financial adviser had identified the various options open to the bank for recapitalisation […]

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‘CBN supports for Skye Bank extend for another year’

The Central Bank of Nigeria has extended guarantees to Skye Bank for another year while it considers the bank’s recapitalisation proposal, the mid-tier lender said in a statement. The central bank shored up the Skye last year with a ₦100 billion ($328 million) capital injection, after sacking its top management for failing to meet minimum […]

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Buhari wins N1m Skye Bank reward promo

Buhari Aminu has emerged the third millionaire in the ongoing Skye Bank Millionaire Reward Promo Season II. The third draw, which held at 1, Ibo Road, Sabon Gari (Bata roundabout), Kano, on Thursday, was graced by the Tafidan Kano Hakimin, Alhaji Mahamuda Ado Bayero, who applauded the bank for its efforts in encouraging savings culture […]

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EFCC vs. Patience Jonathan at Skye Bank

Former Nigerian First Lady, Patience Jonathan, on Monday visited the Maitama branch of the Skye Bank in Abuja to withdraw part of her $5.9 million recently unfrozen by a Lagos High Court. But she met a brickwall. The Economic and Financial Crimes Commission had procured a stay-of-execution of the judgement and also simultaneously filed an […]

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Millionaire emerges in Skye Bank’s ‘Reach for the Skye’

Skye Bank Plc has rewarded more customers in the second draw of its ‘Reach for the Skye’ millionaire reward promo season 2. Held in Owerri, the Imo State capital, the draw saw one Mrs. Ohaeme Elizabeth of Mgbidi branch of the bank emerged as the new millionaire of the scheme, the lender said in a […]

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N2.1bn Debt: Skye Bank gets permission to take over Obat Oil’s depot

A Federal High Court in Lagos has granted permission by Skye Bank Plc to take over Obat Oil and Petroleum Limited’s depot over an alleged N2.1bn debt. Justice Jude Dagat, in an October 28 ruling, ordered the Inspector-General of Police, the Assistant Inspector-General of Police, the Lagos State Commissioner of Police and the Deputy Sheriff […]

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Disregard news of Skye Bank liquidation, says CBN

The Central Bank of Nigeria (CBN) has advised customers and other stakeholders of Skye Bank to disregard any message suggesting a liquidation of the bank. According to the Acting Director, Communications, Mr Isaac Okorafor, malicious messages are making the rounds suggesting that the bank is distressed or has been liquidated by the CBN. “The CBN […]

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Central Bank gives loan to Skye Bank

The Central Bank of Nigeria has provided a loan to Skye Bank Plc to boost its liquidity after the lender breached requirements on capital and lending. The short-term lending facility will allow new management to “ensure that some withdrawals it suffered in the wake of the undue panic of last week do not adversely affect […]

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