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Breaking: CBN Revokes Skye Bank’s License, As Polaris Takes Over

The Central Bank of Nigeria (CBN), has revoked the operating licence of Skye Bank Plc with immediate effect.

Governor of CBN, Godwin Emefiele, disclosed this during a press briefing in Lagos on Friday.

He said that Skye Bank would now be taken over by Polaris Bank, which would take over all the assets and liabilities of the defunct entity.

Details shortly

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