Skye bank breaking news

Here are some recent breaking news updates about Skye Bank:

Latest Update:

• Skye Bank's Assets Sold to Polaris Bank: The Central Bank of Nigeria (CBN) has announced the sale of Skye Bank's assets to Polaris Bank, a new bank created by the CBN. The sale is part of the CBN's efforts to stabilize the banking sector and prevent a systemic crisis. (Source: Vanguard News)

Previous Updates:

• Skye Bank's License Revoked: The Central Bank of Nigeria (CBN) revoked the operating license of Skye Bank on September 21, 2018, citing the bank's inability to meet its minimum capital requirement and other regulatory issues. (Source: Premium Times)
• Skye Bank's Assets Frozen: The CBN froze the assets of Skye Bank on September 22, 2018, following the revocation of its operating license. The move was aimed at preventing the bank's assets from being dissipated or mismanaged. (Source: ThisDay Live)
• Skye Bank's Customers Stranded: The revocation of Skye Bank's license left many of its customers stranded, with their deposits and accounts frozen. The CBN later announced plans to create a bridge bank to take over Skye Bank's assets and liabilities. (Source: The Punch)
• Skye Bank's Management Sacked: The CBN sacked the management of Skye Bank, including its Managing Director, Timothy Oguntayo, and other top executives, following the revocation of its operating license. (Source: Leadership Newspaper)

Please note that these updates are subject to change and may not reflect the current situation.