Nigeria’s Banking Industry: Polaris Bank
Polaris Bank is one of Nigeria’s most recently founded financial institutions. Established by the CBN in 2018, it provides financial services to millions of people and businesses in the country, through its many offices, ATM outlets, a mobile app, and on the internet. The company was actually founded as a ‘bridge bank’ to manage the […]
CBN Announces Takeover of Skye Bank By Polaris Bank
The Central Bank of Nigeria has announced that it has revoked the operating license of Skye Bank, one of the country’s major commercial banks. This was disclosed by the CBN Governor Godwin Emefiele, at a press briefing held in Lagos on Friday. Mr. Emefiele also revealed that the assets and liabilities of Skye bank were […]
Twitter Handles of Nigerian Banks
Do you want to complain about your bank account issues without having to spend so much air time waiting for the phone operator to hook you up to Customer Care? Then why not tweet at your bank? Most financial institutions now use their social media platforms as an avenue to serve their customers better, especially with […]
Nigeria Today: Top 5 News Stories, Wednesday, Nov 23rd, 2016
1. Beginning from December 1, 2016, taxpayers will receive their withholding tax certificate in their emails within one week of payment, Mr. Babatunde Fowler of Federal Inland Revenue Service (FIRS) has said. 2. The Cross River State government has signed a contract with Huawei Technology of China to make Calabar Nigeria’s first digital city. 3. […]
Free Breast Cancer Screening by Skye Bank
Breast cancer refers to a malignant tumor that has developed from cells in the breast (mammary gland). Over time, cancer cells can invade healthy breast tissue and make their way into lymph nodes located in the underarm lymph nodes. Once cancer gets into the lymph nodes, it possesses potentials to spread to other body parts with […]
ChamsMobile and Skye Bank Launch Nigeria’s First Visa Virtual Card
According to media reports, ChamsMobile Limited, a licensed mobile money operator, in collaboration with Skye Bank Plc, has launched the first Virtual Visa Card in Nigeria. The Virtual Visa Card is a digital payment card for online and mobile use, both locally and internationally. Why you should get this new card: 1. Cardholders will get a full […]
Skye Bank Partners With RT Briscoe For Auto Financing
Skye Bank has entered into a partnership with RT Briscoe for auto financing of their cars. Under the partnership arrangement, the bank will assist existing and prospective customers of the bank wishing to buy Ford cars during the six-month promo period of RT Briscoe by providing 70 per cent of the cost of such vehicles while […]
62 Trainees Graduate From Skye Bank Business School
A total of 62 fresh graduands of the Skye Business School who recently passed through a thorough academic programme have joined the workforce of Skye Bank Plc. after the necessary basic banking training programme. The graduands who are fresh university graduates with diverse academic backgrounds and impressive academic records, completed an intensive 7-week basic banking […]
Skye Bank’s New Locations
Skye Bank is now available at the following locations: 1. Sheraton Hotel and Towers, 1 Ladi Kwali Road, Wuse, Zone 4, Abuja. 2. Transcorp Hilton Hotel, Maitama, Abuja. 3. Murtala Mohammed International Airport, Stall 007, Arrival Hall, Ground Floor, Ikeja, Lagos.
CBN Directs Against Naira Substitution and Dollarization of the Economy
According to a statement by Skye Bank Plc., The Central Bank of Nigeria (CBN) recently issued a directive to all Nigerian Banks in April 2015, stating that “it is illegal to price or denominate the cost of any product or service (visible or invisible) in any foreign currency in Nigeria. No business offer or acceptance […]
Skye Bank Introduces OTPs
Skye Bank, one of the top financial institutions in Nigeria, has introduced a new banking platform. This new banking platform has an added layer of security with the use of OTP on every beneficiary maintenance and InterBank transfer. One time passwords will be sent to the customer’s registered email address and phone number to […]
Skye Bank Pays N3.96b Dividend to Shareholders
Skye Bank Plc has paid the sum of N3.96 billion as dividend to its shareholders, translating to 30 kobo per share for the year ended December 31, 2013. The chairman of the bank, Mr. Olatunde Ayeni, disclosed this on Wednesday at the 8th annual general meeting of the bank held in Lagos. He said the […]
Skye Bank Appoints Timothy Oguntayo CEO-designate
Skye Bank’s Board of Directors has confirmed a successor to the present Group Managing Director/Chief Executive Officer, Mr. Durosinmi-Etti who is to retire from the bank on the 31st of July, 2014 to mark the end of his tenure. His successor is Mr. Timothy Oguntayo who is currently the Bank’s Executive Director that is responsible for […]
Skye Bank Post 27% Profit Rise in 2013
Skye Bank plc has announced a profit after tax of N16.02 billion for the financial year ended December 31, 2013, indicating an increase of 26.7 percent compared to N12.6 billion posted in 2012. The bank’s total assets rose from N1.0.73 trillion in 2012 to N1.116 trillion in 2013, while its deposit liabilities also increased from […]
Skye Bank to Carry Out System Upgrade from February 22nd to 23rd
Skye Bank Plc, one of the financial institutions in Nigeria, has announced it would be carrying out a maintenance operation on its systems from 11:30 pm on February 22nd to 8 am on Feb 23rd 2014. According to the bank, this is to improve service and functionality of its alternate channels, and during the period […]
Skye Bank funds N600 Million ICT Centre in Obafemi Awolowo University
The Obafemi Awolowo University, Ile-Ife, on Tuesday launched a centre of excellence in software engineering built and equipped at a cost of N600 million. The construction of the N450 million building housing the centre was funded by Skye Bank Nigeria Plc. Procurement and installation of ICT equipment at the centre, valued at $3 million (N450 million), […]