CBN Revokes Skye Bank’s Operating Licence

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By Nume Ekeghe

The Central Bank of Nigeria (CBN) has revoked the operating licence of ailing Skye Bank Plc.

The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), disclosed this at a media briefing on Friday.

The CBN had in July 2016, removed the former board and management of the bank.

More details later…