Central bank pumps 100n naira skye bank sacking top management
It seems like you're referring to a recent news article about the Central Bank of Nigeria (CBN) and Skye Bank.
To clarify, the Central Bank of Nigeria (CBN) has indeed taken steps to address the financial issues at Skye Bank, a commercial bank in Nigeria. On September 21, 2018, the CBN announced that it had revoked the operating license of Skye Bank and replaced it with a bridge bank called Polaris Bank.
As part of this process, the CBN appointed a new management team to oversee the operations of Polaris Bank, which includes a new Managing Director, Mr. Tokunbo Abiru. The CBN also injected N786 billion (approximately $2.2 billion USD) into the bank to stabilize its operations and ensure the continuity of its services to customers.
It's worth noting that the CBN's decision to revoke Skye Bank's operating license was taken after a thorough review of the bank's financial situation, which revealed significant weaknesses and risks to the stability of the financial system. The CBN's actions were aimed at protecting depositors' funds, maintaining financial stability, and ensuring the continued provision of banking services to the public.
I hope this information helps clarify the situation. If you have any further questions or would like more details, please feel free to ask!