Regulatory intervention in Skye Bank Plc: outcome of failure in Corporate Governance

On Monday July 4, 2016, the Central Bank of Nigeria (CBN) released a Press Statement on Skye Bank┬áto inform the public of its decision to effect key changes on the board and management of Skye Bank Plc because the bank had fallen short of minimum thresholds in critical prudential and adequacy ratios. The statement further … More Regulatory intervention in Skye Bank Plc: outcome of failure in Corporate Governance