The Central Bank of Nigeria today sacked the administration group of Skye Bank over capital ampleness issues. The bank's top officials on getting wind of their looming sack, surrendered en-mass toward the beginning of today. The bank's Chairman, Tunde Ayeni and its Managing Director, drove other official and non-official board individuals to delicate their abdication before the zenith bank reported the disintegration of the bank's administration group this evening.
CBN will deal with the undertakings of the bank for quite a while. The bank, as per money related specialists, has been distressed for some time.
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