The Central Bank of Nigeria (CBN) Friday revoked the licence of Skye Bank, and transferred its assets and liabilities to a newly licensed bridge bank called Polaris Bank. Meanwhile, the Nigeria Deposit Insurance Corporation (NDIC) has sold Polaris Bank to the Asset Management Corporation of Nigeria (AMCON) with the mandate to stabilise the bank as …
Continue reading "Why CBN revoked Skye Bank licence By Babajide Komolafe"
The reasonable action of the US to support the illegal action of the British empire during the Swiss crisis, set the motion of sunset on the British empire. The reasonable action of the rest of the world on the non support of Trumpian America will set in motion its sunset due to its illegal support …
Professor 'Funmi Olonisakin, 53, has become the first black woman to deliver an Inaugural Lecture in the almost 190-year history of King's College London, the fourth oldest university in England. 'Not before now has a black woman grown and risen through the ranks at King's to become a professor and to give an Inaugural Lecture …
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Since the murder of the Saudi journalist Jamal Khashoggi, a rapt global audience has followed in real time a spectacle usually reserved for the most senior levels of government: the fashioning of an exculpatory fig leaf for an atrocity. That work is almost done. Saudi Arabia appears on the verge of getting its story straight, …
Editorial The name of Bata is now part of the Yoruba language as Bata is the word for shoe This week’s trip Down Memory Lane takes a look at Batas and its long history in the area. In 1930 Thomas Bata completed the purchase of farm land just north of the old village of East …
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Centre for Nigeria Progress 