Breaking Down the Rise and Fall of Skye Bank Plc in Nigeria We weren’t able to create a summary for you. Refresh your page to try again. Jun 24, 2025 · In September 2018, Tunde Ayeni lost SkyeBank after the Central Bank of Nigeria (CBN) revoked the lender’s operating licence. Following the decision, the Asset Management Corporation of Nigeria (AMCON) was directed to recapitalize a bridge bank and seek investors to take over its stake. May 8, 2026 · At its birth in January 2006, SkyeBankPlc held immense promise. Industry observers saw it as a potential leader within Nigeria’s emerging Tier-2 banking category — ambitious,... 6 days ago · At its birth in January 2006, SkyeBankPlc held immense promise. Industry observers saw it as a potential leader within Nigeria’s emerging Tier-2 banking category — ambitious,... Jun 24, 2025 · In an exclusive interview with journalists, Ayeni detailed the bank’s downfall and his personal struggles, asserting that both were marked by external pressures and deceit. Oct 12, 2018 · As CBN stressed, SkyeBank was “systematically important in the banking and finance sector.” Its outright liquidation would have had grave consequences for the Nigerian economy. The management of Nigerian failed lender SkyeBank contributed to the collapse of the mid-tier bank, the country's deposit insurance agency said on Monday.