CATEGORY: SKYE BANK

Why Skyebank has taken over Intercontinental Hotel

Nairametrics|In what may come as a shock to many observers, Skye Bank has obtained an order from a Federal...


CBN: Three Banks Failed Capital Adequacy Test

Nairametrics| The Financial Stability Report released by the Central Bank of Nigeria for December 2016 revealed that three banks...


Skye Bank Reveals It Promoted 300 Staff and Sacked 55 Others

Nairametrics| The management of Skye Bank Plc has promoted over 300 of its employees under the 2016 annual staff...




Court Grants Skye Bank Authority To Take Possession of Obat Petroleum Depot

Skye Bank has been given the green light to take over the depot of Obat Oil and Petroleum. The...


Survival: Skye Bank Drops International Banking License

Bloomberg is reporting that Skye Bank Plc has taken a decision to drop its international banking license. This decision...



Skye Bank Appoints General Counsel

The Board of Directors of Skye Bank has approved the appointment of Mr. Babatunde Osibodu as General Counsel of...


Flash: Skye Bank Confirms It Got A N100 billion Bailout From CBN

Reuters is reporting that Skye Bank Plc received a sum of N100 billion from the Central Bank as bail...


Skye Bank Gets Bailout From The CBN

The Central Bank of Nigeria has extended a “short-term” loan to Skye Bank to enable it stabilise its operations...


These Theories Could Explain Why Skye Bank Shares Keep Gaining

Retail Investors who reached out to Nairametrics on Monday were surprised to see Skye Bank’s stock gain a whopping...


A Tale Of How AMCON, CBN Helped Skye Bank Get Into Financial Trouble

A recent article from Thisday has revealed the major roles three Federal Government agencies played in the current financial...


From Bad To Worse: S&P Says Skye Bank Could “Default” In 6 Months

The new board and management of Skye Bank Plc have been saddled with a huge task of turning the...


Regulatory Intervention In Skye Bank Plc: Outcome Of Failure In Corporate Governance

On Monday July 4, 2016, the Central Bank of Nigeria (CBN) released a Press Statement on Skye Bank to...


Skye Bank Share Price Nosedives

  As expected investors in the Nigerian Stock Exchange flew out of the gates to dump their shares in...


Skye Bank Crisis: What It Means For Your Money

The Central Bank of Nigeria on Monday dissolved the Management and Board of Skye Bank Plc following months of...


More Trouble As AFC, AFREXIM, UBA Emerge Top Counter-parties to Skye Bank

It is no longer news that the Central Bank of Nigeria (CBN) on Monday dissolved the management team of...


Official: CBN Sacks Skye Bank’s Board & Management

The Nigerian Stock Exchange has issued a press release confirming that the Skye Bank Nigeria Plc has dissolved its...



FBN, Skye & Diamond Bank : How Low Can They Go?

Four months into the New Year, 3 of the 5 Nigerian Banks that issued profit warnings for Full Year...