Omorodion said investors were beginning to have a rethink on the stocks of the banks, going by the banks’ nine-month unaudited results
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The beneficiaries were the first set of entrepreneurs to be trained under the advisory and training support services for female entrepreneurs, a component package of the Skye Pearl programme, which is specifically developed to cater to the funding and capacity building needs of female entrepreneurs, stay-at-home mothers, among others
The monthly draw, which took place at the Better Life Market day in Sabo Market on Wednesday, saw three customers of the bank rewarded with N1 million and four others going home with N250,000, while 10 went home with N100,000 each during the random electronic selection process
Skye Bank said neither the CBN nor any other regulatory agency conducted any stress test on the bank.
The only test conducted on the bank was a CBN risk-based examination, which is routine and recorded no negative report against Skye Bank
With a number of Nigerian banks having postponed moves to raise fresh funds, the CNB said it was monitoring the three lenders’ recapitalisation plans and that 10 others with international status met the 15 per cent minimum capital rate for that category of bank at the end of June
Explaining the rationale for the special partnership, Okoli said because most people who travel in Nigeria are salary earners and small business owners in the middle income segment, they are wont to save up for their travel over a long period of time and so end up buying their tickets two or three weeks to the date of travel
While three customers of the Bank were rewarded with N1 million each at the monthly draw, a total of four and 10 others smiled home with N250,000 and N100,000 respectively during the random electronic selection process
L-R: Assistant Director, National Lottery Regulatory Commission, Fisinba Idasefiema; Regional Director Commercial Abuja and North Central, Skye Bank Plc, Osazuwa Igbinoba; Head, Retail Banking, Skye Bank Plc, Nkolika Okoli; Secretary, North Region, National Lottery Regulatory Commission, Edeaghe Mark; and Nollywood actor and celebrity host, Kingsley Ogbonna, popularly known as Dauda
Skye Bank said significant portion of the money for which penalty was applied belonged to the state-owned energy company, NNPC Pension Funds, and National Assembly Legislative Aides account balances.
First Bank and UBA had clarified that the non-remittance of the funds arose from a communication gap amongst some government offices and the Central Bank of Nigeria. Available information concerning Skye Bank points to the fact that the institution may have also been caught in the web of the communication gap. It was confirmed that the Bank indeed rendered and had been rendering the full returns to the CBN on a daily basis
Ekong assured the bank’s customers and SME owners that the institution would assist them access both the Central Bank of Nigeria and Bank of Industry SME funds to grow their businesses
The Skye Bank employees, under the aegis of the of its Employees Volunteerism Initiative, distributed relief materials to over 120 families consisting of about 800 individuals in New Karshi, Nasarawa State in addition to reaching out to another 100 families of Chibok people at their camp in Kuje, the Federal Capital Territory
The programme, which was unveiled at a dinner on Friday in Lagos, is a platform that offers series of activities meant to benefit sit-at-home mothers, professionals and women-owned SMEs by offering them a chance to grow and expand their businesses through partnership, relationship, access to financial education, information, networking, mentoring and empowerment initiative
L-R: Executive Director, Skye Bank Plc, Ibiye Asime Ekong; Managing Director/CEO, Skye Bank Plc, Timothy Oguntayo; Head Small Business Group, Skye Bank Plc, Ayodele Olojede; and Head, Retail Banking, Skye Bank Plc, Nkolika Okoli, at the official launch of Skye Pearl Initiative by Skye Bank at Civic Centre, Victoria Island Lagos on October 23, 2015
They are Mogantem Kingsley Mogaten from Jalingo branch, Immaobong Bassey from Itu branch, Adesulu Moyin Mary from Wharf Road 2 branch and Wahabi Alamu from Oba Adebimpe branch
The suspects were picked up by operatives of the anti-graft agency for stealing and putting into circulation defaced and mutilated Nigerian currency notes to the tune of N8 billion meant for destruction
The News Agency of Nigeria reports that the Asset Management Corporation of Nigeria formally handed over the management of Mainstreet Bank to Skye Bank Plc on December 18
AMCON commended Skye Bank for emerging the preferred bidder out of over 29 bidders “in the highly competitive and transparent process that took over a year to complete”
Transactions on the Nigerian Stock Exchange reopened for the week on a bearish trend as the market capitalisation dropped N22 billion or 0.16 per cent.
According to him, the bank, in its SMEs business platform, has financed many enterprises to greater heights in their businesses