Nigeria Says Its Banks Are Safe, Urges Against Panic Withdrawals

  • Change of Skye Bank’s management was a ‘proactive’ measure
  • Skye Bank says its new CEO will aim to boost investor returns

Nigeria’s central bank said all its lenders are safe, aiming to quell fears after it ousted the management of Skye Bank Plc on Monday for failing to meet capital and liquidity thresholds.

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