Business Hilights

Tracking Nigeria's Headline Business News Online

Financial Stability Report

CBN’s FSR shows repay of N6.26bn out of N114.7bn facility to power firms

Latest Financial Stability Report (FSR) of the Central Bank of Nigeria (CBN) on power sector has revealed that out of N114.7b so far given to major power companies in Nigeria, only about N6.26bn had been repaid leaving N106.64bn an outstanding…

Zenith Bank Plc is stronger than them all, rock solid— Fitch Report

Whereas three banks (names with held) were said to vulnerable by the latest result of the stress test conducted by the Central Bank of Nigeria (CBN), the report however, singled out Zenith bank and declared it rock solid even in…