Monday, 29th November 2021
Breaking News:

Skye Bank

22 Mar
The Court of Appeal, Abuja division has fixed July 5 for hearing in property suit lodged against a Senior Advocate of Nigeria (SAN), J.B. Majiyagbe by Mr Samuel Nwosu.
22 Aug 2019
To end investors speculations, the NSE, yesterday, finally delisted the shares Skye Bank Plc, and Fortis MicroFinance Bank from its daily official list.
8 Apr 2019
Residents and property owners, who bought plots of land in Victory Park Estate have been thrown into infelicitous fears following alleged harassment and intimidation by touts. At the height of this milieu is the purported move by the Asset Management Corporation of Nigeria (AMCON) to recover credit facilities granted to the chairman of Grant Properties…
10 Feb 2019
The Economic and Financial Crimes Commission (EFCC), has denied reports that former Chairman of Skye Bank, Tunde Ayeni is currently undergoing treatment in an undisclosed medical facility after he was poisoned in EFCC detention. EFCC's acting Spokesperson, Tony Orilade, in a statement yesterday, in Abuja, said: "Given that the intention of this false alarm is…
14 Nov 2018
The preliminary reports of the ongoing investigations of the management of the defunct Skye Bank Plc, have revealed serial manipulations...
17 Oct 2018
As the nation grapples with the issue of Skye Bank takeover, the bank’s shareholders, University Dons, Professors Franklin Ngwu and Uche Uwaleke...
12 Oct 2018
Another bridge bank, Polaris Bank Limited, debuted in Nigeria’s banking industry the other day, courtesy of the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC).
1 Oct 2018
The emergence of Polaris Bank to take over the defunct Skye Bank has prevented the extreme situation and applications of two terminologies- “collapse and liquidation”, associated with unfavourable banking industry outcome. A bank is said to have collapsed when it is unable to meet its obligations to its depositors or other creditors, because it has…
22 Sep 2018
From Monday, September 24, all branches of Skye Bank Plc would wear a new identity, known as Polaris Bank Limited, as the latest take over of distressed financial institution in the country.
21 Sep 2018
The Central Bank of Nigeria (CBN) has revoked the operating licence of Skye Bank Plc with immediate effect. This was declared by the apex bank Governor Godwin Emefile on Friday evening in Lagos. Meanwhile, Polaris Bank has been established to assume ownership of the assets and liabilities of Skye Bank, while the management of the…
6 Mar 2018
The National Industrial Court, Abuja, on Tuesday struck out a suit instituted by one Louisa Ugwu, against her former employer, Skye Bank Plc, seeking N10million as general damages. Justice Rakiya Haastrup, dismissed the suit, on the grounds that the claimant was paid her entitlements, including one-month basic salary in lieu of termination, which she accepted.…
9 Feb 2018
The Obazelu of Benin Kingdom, Chief Osaro Idah, has commended Skye Bank Plc., for rewarding loyal customers, making people happy, and helping their businesses to grow.


1 hour ago
Eyimofe (This Is My Desire) has won five awards at the 2021 Africa Movie Academy Awards (AMAA), including the prestigious Best Director and Best Nigerian Film awards. Nominated in seven of the 26 categories, prior to Sunday’s AMAA, the GDN Studios-produced film also came out tops in the Best Editing, Best Sound, and Best First…
1 day ago
The Kogi State Commissioner for Environment, Adewale Omofaiye, on Sunday escaped being kidnapped but was shot on the leg by suspected kidnappers. The incident happened between Ikoyi and Iyara in Kogi State at about 5pm on Sunday evening Omofaiye was on his way to Lokoja when the suspected kidnappers opened fire on his vehicle and…
1 day ago
While PCR tests can detect infection with Omicron, studies are looking to whether the Covid-19 variant of concern has any impact on other test types, the WHO said Sunday.
1 day ago
Yet-to-be identified gunmen, suspected to be bandits, on Sunday attacked the Jos Correctional centre. The bandits were said to have pretended to be on a visit before they opened fire
1 day ago
Los Angeles superstar LeBron James returned from the first suspension of his NBA career to score 39 points Wednesday and lead the Lakers to a 124-116 overtime victory over the Indiana Pacers.