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When the Central Bank of Nigeria (CBN) imposed a fine of N4billion on Skye Bank for flouting its directive on the Treasury Single Account by failing to remit account of some Ministries, Department and Agencies (MDAs), not a few industry watchers were surprised over the apex bank action as the bank’s rise among the top financial institution in the country ...
November, 2015
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10 November
Skye Bank Axed By CBN, Fined #4Billion For Sharp Practice
Skye Bank has confirmed that it was fined to the tune of N4 billion by the CBN for failing to render appropriate returns on some public sector funds as required by the CBN. The bank however, provided more clarification on the issue which it called a mixup, saying that it did not at any time conceal any information from the CBN as ...
May, 2015
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28 May
Skye Bank Appoints Four Executive Directors
The Board of Directors of Skye Bank Plc has announced the elevation and appointment of four new Executive Directors to The Board as part of the overall efforts to uphold the very high standards and tradition of professionalism which have become the bank’s driving force for service excellence and leadership. The new Executive Directors are Mr. Bayo Sanni, Executive Director, ...
