Money Market

CBN Orders Banks To Register All Collateral With NCR

5/7/2016/Leadership By Bukola Idowu The Central Bank of Nigeria (CBN) with effect from yesterday, mandated all banks and other financial institutions in the country to register all collateral used in obtaining loans with the Nigeria Collateral Registry (NCR).The NCR is  a platform where all collateral, moveable and immovable collateral  can […]

Changes on the Board of Skye Bank Plc

4/7/2016/NSE We wish to inform our stakeholders of recent changes on the Board of the Bank. Earlier today, the Non-Executive Directors and the two Independent Non-Executive Directors resigned their appointment on the Board as follows: S/N  DIRECTORS  CAPACITY 1  Dr. Olatunde Ayeni  Non-Executive Director/Chairman 2  Mr. Victor Adenigbagbe  Non-Executive Director […]

CBN Sacks Skye Bank Board, Names MK Ahmad, Tokunbo Abiru, Interim Chairman, MD

By InvestAdvocate Lagoos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday dissolved the board and management of Skye Bank Plc on issues bordering on Non Performing Loans (NPLs), Liquidity concerns and Capital adequacy Ratio (CAR) and appointed MK Ahmad former PENCOM Chairman as the new chairman of the board and […]