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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...

EFCC grills ex-Skye Bank chairman Tunde Ayeni over multi-billion naira fraud

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The Economic and Financial Crimes Commission on Tuesday quizzed former chairman of Skye Bank Plc (now Polaris Bank) Tunde Ayeni over fraud allegations. Mr Ayeni,...

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...

BREAKING: CBN revokes Skye Bank’s licence

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The Central Bank of Nigeria (CBN) has withdrawn the operating licence of Skye Bank. Chairman of the Nigeria Deposit Insurance Corporation (NDIC), Umar Ibrahim, made...

Skye Bank manager, brother drown during beach picnic

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A manager with Skye Bank Plc, Ubong Ekpe, and his brother identified as Francis have drowned at the Ibeno Beach, Iwuokpom community, in the...

Court strikes out N10m compensation suit against Skye Bank

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The National Industrial Court, Abuja on Tuesday struck out a suit instituted by one Louisa Ugwu, against her former employer, Skye Bank Plc, seeking...

Skye Bank customer service officer arraigned over N1.4m fraud

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A customer service officer with Skye Bank, John Alikalih, was on Wednesday brought before an Igbosere Magistrates’ Court in Lagos for allegedly withdrawing customers’...