Tag Archives: Central Bank

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced the withdrawal of the operating license of Skye Bank. Emefiele, who announced the decision today, in Lagos said depositors’ funds remain safe. Polaris Bank has been established to assume ownership of the assets and liabilities of the Bank. The Nigeria Deposit Insurance Corporation has injected N786bn in …

Read More »

RenMoney Microfinance Bank, one of Nigeria’s leading consumer finance providers, has embarked on a programme of re-organization to position it for growth and sustained market leadership into the future. According to Ighiwi Erhahon, RenMoney’s Head of Legal and Compliance, the company has, as part of this process, recruited some highly experienced people into very senior positions. Some of these appointments …

Read More »