Tag: Skye Bank

FG Withdraws Suit Against UBA, Firsk Bank, Skye, Fidelity, Sterling, Diamond others
August 8, 2017 No Responses

FG Withdraws Suit Against UBA, Firsk Bank, Skye, Fidelity, Sterling, Diamond others

The Federal Government on Tuesday at the  Federal High Court sitting in Lagos filed an application seeking to withdraw its suit against seven banks accused of violating the Treasury Single Account (TSA) policy. The News Agency of Nigeria (NAN) reports...
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Skye Bank Admits Hiding $793.2M TSA Funds… UBA, Sterling, Fidelity Deny
July 21, 2017 No Responses

Skye Bank Admits Hiding $793.2M TSA Funds… UBA, Sterling, Fidelity Deny

 IN RESPONSE TO THE COURT DIRECTIVE TO REMIT $793.2 MILLION ALLEGEDLY HIDDEN IN SEVEN COMMERCIAL BANKS, UBA, FIDELITY BANK AND STERLING BANK HAVE DENIED HAVING ANY MONEY IN THEIR POSSESSION. Although Skye bank admitted holding money, it denied hiding it...
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Skye Bank Takes over Lagos Intercontinental Hotel?
May 15, 2017 No Responses

Skye Bank Takes over Lagos Intercontinental Hotel?

The Federal High Court in Lagos has ordered Skye Bank Plc to take over a five-star hotel, Intercontinental Hotel, located at Plot 244 and 245 (now 52) Kofo Abayomi Street, Victoria Island, Lagos. The bank had dragged Milan Industries Limited,...
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