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EFCC arraigns ex-Skye Bank chairman, Tunde Ayeni, MD over N456.6b fraud

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Former Chairman of Skye Bank (now Polaris Bank), Tunde Ayeni, has been arraigned in a High Court of the Federal Capital Territory (FCT) in Apo. A former...

AMCON to sell Polaris Bank after 2019 elections

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The Assets Management Corporation of Nigeria (AMCON) has said it would begin the process of seeking buyers for Polaris Bank after the general elections. AMCON spokesperson, Jude...

Ex-Skye Bank chair Tunde Ayeni granted bail

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Tunde Ayeni, former chairman of Skye Bank Plc (now Polaris Bank) and ex-managing director of the bank Timothy Oguntayo have been granted bail after...

Shebah working to settle with creditor banks – Source

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Shebah Exploration & Production Company Ltd (SEPCOL) is working at negotiating and settling with creditor banks, a source close to the company has confirmed. A...

Nigerians panic as CBN revokes Skye Bank’s licence

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Nigerians have been left in utter shock following the withdrawal of the operating licence of Skye Bank Plc and subsequent replacement with Polaris Bank. The...

Why we revoked Skye Bank’s licence – CBN

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Gentlemen of the Press 1. You will recall that on 4th July 2016, we took a regulatory action on Skye bank Nigeria PLC. Specifically, this...