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BREAKING: CBN revokes Skye Bank’s licence, Polaris Bank takes over
The Central Bank of Nigeria has revoked the operating licence of Skye Bank Plc with immediate effect .
Governor of Central Bank , Godwin Emefiele , disclosed this during a press briefing in Lagos on Friday.
He said that Skye Bank would now be taken over by Polaris Bank , which would take over all the assets and liabilities of the defunct entity .
More details shortly.
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