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Breaking: CBN revokes Skye Bank’s licence

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CBN revokes Skye Bank’s licence

The Central Bank of Nigeria has withdrawn the operating licence of Skye Bank.

Umar Ibrahim, chairman of the Nigeria Deposit Insurance Corporation (NDIC), made this known to journalists today Friday September 21st.

The former Skye Bank which has been taken over by the Assets Management Corporations of Nigeria (AMCON) will now be known as Polaris Bank.

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