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Read More »Polaris to take over liabilities, assets of Skye Bank Nigeria
Bloomberg Nigeria’s central bank has revoked the operating license of Skye Bank Plc. and established Polaris as a bridge bank to takeover its assets and liabilities. “The strategy is for the Asset Management Company of Nigeria, Amcon, to capitalise the bridge bank and begin the process of sourcing investors to buy out Amcon,†Central Bank of Nigeria Governor Godwin Emefiele …
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