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Nigeria central bank says Skye Bank safe, no need for panic withdrawals

Nigeria's central bank is seeking to reassure Skye Bank depositors that the lender is safe and there is no need for them to rush to withdraw their funds in response to speculation that it has liquidated the bank, it said late on Wednesday. The central bank injected more than 100 billion naira ($312 mln) into Skye bank last month after sacking its top management for failing to meet minimum ...
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Added August 18, 2016
from Yahoo Nigerian News