On Friday, Guaranty Trust Bank (GTB) standalone commercial banking structure was delisted from the Nigerian exchange daily official list. The delisting of GTB subsequently saw the...
Former Chairman, Board of Directors of Skye Bank Plc (now Polaris Bank), Tunde Ayeni, and the former Managing Director, Timothy Oguntayo, have been re-arraigned by the...
The Economic and Financial Crimes Commission, EFCC, has said Mr. Tunde Ayeni allegedly took over N17 billion in raw cash from the Suspense Account of Skye...
The Asset Management Corporation of Nigeria (AMCON) has said it wants a quick sale of Polaris Bank, the bridge bank appointed to take over all the...
The Federal Government has assured Nigerians that everyone responsible for the failure of the defunct Skye Bank will be prosecuted. The Minister of Finance, Zainab Ahmed,...
It was on Friday evening and I was just making plans on how best I could maximise the weekend when the news broke that the Central...
The Economic and Financial Crime Commission (EFCC) has commenced investigation of directors of the defunct Skye Bank with a view to prosecute them. This is according...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has cleared the air on why it changed the defunct Skye Bank’s name to Polaris Bank,...
The Central Bank of Nigeria (CBN) has revoked the operating license of Skye Bank. The CBN Governor, Godwin Emefiele, and the Managing Director of the Nigeria...
The lingering crisis in Oando Plc is far from over as a group of shareholders on Wednesday called on the embattled company’s management team led by...
Two leading Nigerian equities-Nestle Nigeria and Dangote Cement on Thursday rallied the equities market to its second consecutive positive closing in spite of continuing selling pressure...
The EFCC on Thursday secured what could be tagged a ‘slap on the wrist’ conviction for a former branch manager of Skye Bank Plc. The convict,...
In what seems an unprecedented move, four executive directors of Skye Bank have put in their resignation letters. The Directors who had served in Executive Management...
Nigeria’s former First Lady, Patience Jonathan, says there is no truth whatsoever in Economic and other Financial Crimes Commission’s (EFCC) claim that $175m is missing from...
Former First Lady, Patience Jonathan may be facing another round of scrutiny as the Economic and Financial Crimes Commission, EFCC, is currently investigating how $175,750,000 deposited...
An FCT High Court was Wednesday told how a former Director of Police Pension, Esai Dangabar, moved N24 billion into different bank accounts. This was disclosed...
The failure of more than 10 banks to pass a stress test conducted by an international rating agency, Arqaam Capital, has sent a disturbing sign of...
Former First Lady, Patience Jonathan was a classic showpiece, while her husband, former President Goodluck Jonathan was in office. She always managed to hug the headlines...
We have been inundated with all kinds of threat since Patience Jonathan’s wahala started with the authorities. Some people have said they will blow up the...
The Economic and Financial Crimes Commission (EFCC), appears to be on a no retreat no surrender mission to nail the wife of former President Goodluck Jonathan,...
Former Special Adviser on Domestic Affairs to ex-President Goodluck Jonathan, Waripamo-Owei Dudafa on Thursday pleaded not guilty to money laundering charges linked to Patience Jonathan, wife...
The Coalition Against Corrupt Leaders, CACOL, has insisted that former First Lady, Patience Jonathan has to explain the source of her wealth and how she was...
More revelations have emerged in the wake of $31.5m found in accounts traced to former First Lady, Patience Jonathan, as the Economic and Financial Crimes Commission, ...
The Economic and Financial Crimes Commission (EFCC), claims it has traced to Patience Jonathan’s Skye Bank account, an additional $5m. Earlier, wife of former President Goodluck...
Wife of former President Goodluck Jonathan, Patience, has allegedly claimed that about $31.4 million dollars in some accounts frozen by the EFCC actually belong to her....
Despite assurances from the Central Bank of Nigeria(CBN) that Skye Bank is healthy, its big-time depositors are still reluctant to return their massive withdrawals from the...
The Economic and Financial Crimes Commission, EFCC, has started a probe into the tenure of Senator Godswill Akpabio as the governor of Akwa Ibom. The EFCC...
There are strong indications that the Central Bank of Nigeria (CBN) has concluded plans to hand over the toxic loans of the distress-prone Skye Bank to...
In its efforts of sheltering Skye Bank from going under, the Central Bank of Nigeria (CBN) has doled out a total sum of N100 billion in...
Following what it described as “an increase in volume of non-performing insider loans|” in Nigerian banks, the NDIC says it is devising a new approach in...
More facts have emerged on why the CBN had decided to provide a short-term loan to Skye Bank following its replacement of top executives for failing...
The noose may have tightened further around the neck of a former Minister of State for Defence, Senator Musiliu Obanikoro, as the EFCC, has reportedly obtained...
Initial surveillance reports by the Central Bank of Nigeria (CBN) and management report by the new management have indicted the former board and management of Skye...
Against growing apprehensions by the banking public, the new Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Tokunbo Abiru, has said the bank remains...
Skye Bank Plc, one of Nigeria’s so-called strategically important banks (SIBs), came under the hammer of the Central Bank of Nigeria (CBN) on Monday as the...
The Central Bank of Nigeria (CBN) on Monday perfected the take over of the management of Skye Bank Plc, in a cursory and ironic blow reminiscent...
The Federal Government has said it would not provide bailout funds to banks to boost their operations in the face of the persistent job losses in...
There are indications that the EFCC may have invited Skye Bank MD for questioning over the refusal of the bank to move the sum of N6.3...
Skye Bank Plc had discussed with key shareholders and strategic investors and has started the process to raise new additional capital by this quarter to bolster...
Four Skye Bank branches based in Osogbo have been sealed off after bailiffs from the Osun State High Court stormed the outlets, carting away valuable property...
In from Timothy Enietan-Matthews (Nation’s capital) . . . Skye Bank Plc has become the latest victim of the non compliance with the Treasury Single Account,...
In from Success Allantee Skye Bank Plc on Tuesday said it has successfully concluded the integration of Mainstreet Bank Limited, which it acquired late last year...
In from Success Allantee …. Analysts have said the success of the merger between Skye Bank Plc and its acquired bank, Mainstreet Bank Limited is uncertain...
