By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: CBN Sacks Skye Bank’s Management
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
BusinessNews

CBN Sacks Skye Bank’s Management

Farouk Mohammed
By Farouk Mohammed
Published: July 4, 2016
Share
1 Min Read
SHARE

skye-bank

The Central Bank of Nigeria is set to partially take over the Skye bank of Nigeria Plc by dissolving the board of management.

Sources say Central Bank of Nigeria to lay-off all Skye Bank of Nigeria Directors, except the three execs that joined the lender about a year ago.

According to Channels Television Business Editor, Boason Omofaye, Intercontinental Hotel in Lagos is hugely financed by Skye Bank of Nigeria and the Apex Bank may withdraw franchise.

- Advertisement -

The Bank’s General Managing Director and Chief Executive Officer of Skye Bank PLC, Mr. Timothy Oguntayo has also resigned his position.

 

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:CBNSkye Bank
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article PHOTOS: Femi Fani Kayode All Smiles As Court Grants Him Bail
Next Article EFCC Removes Diezani from Money Laundering Trial

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 5 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

FG Declares Thursday Public Holiday for 2025 Democracy Day
News
LIVE STREAM: Ojude Oba Festival at Ijebu-Ode, June 8, 2025 [Watch]
Explainer
President Bola Tinubu to Deliver Key Address at National Assembly Joint Session on Democracy Day
News
OP-ED: Nigeria’s reforms have put the country on the global economic map, by Abdul Samad Rabiu
Opinion
VIDEO: NDLEA Uncovers Psychoactive Drugs Hidden in Green Tea Shipment
Crime Video
- Advertisement -
Ad imageAd image

You May Also Like

International

Trump-Musk Rift Deepens as President Threatens Serious Consequences Over Political Funding

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 8, 2025
News

NIN Registration for Inmates Yet to Begin in 256 Correctional Centres, Report Reveals

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 8, 2025
PoliticsTop stories

Anambra, Osun Polls: APC Faces Internal Strife as Soludo and Adeleke Engage President Tinubu Amid Election Tensions

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 8, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?