The Nigerian equities market continued its upward trajectory last week, recording a robust gain of N1.43 trillion on the back of heightened investor interest, especially in the banking sector. Key …
Economy
- Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTMarkets
- Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTNigeria
Sterling Financial Holdings Grows Profit by 102%, Declares ₦43.68bn
Sterling Financial Holdings Company Plc (SFHC) has posted a remarkable 102% rise in its profit after tax for the 2024 financial year, recording ₦43.68 billion, up from ₦21.58 billion in …
- BusinessEconomyFinance & ServicesReal EstateTransportation & Logisitics
Express Kenya Launches KSh13 Billion Project Nexus Despite Mounting Losses
Listed logistics and warehousing company Express Kenya PLC has announced a bold diversification plan through the launch of a massive KSh13 billion mixed-use development project named Project Nexus. The initiative, …
- BusinessEconomyFinance & ServicesKenyan NewsReal Estate
Uchumi Wins KSh26.7m Court Case Against Franchise Partner Aljazeera
Uchumi Supermarket PLC has recorded a rare legal victory after the High Court awarded it KSh26.7 million in special damages over a commercial dispute with former franchise partner, Aljazeera City …
- DevelopmentDigital EconomyEconomyEnvironmentGOVERNMENT
Stakeholders Push for Youth Employment Through Blue Economy
Key players in Kenya’s blue economy are calling for united efforts to tap into the sector’s vast potential as a way of solving the growing youth unemployment crisis. The appeal …
- BusinessEconomyEducationFinance & ServicesInternational RelationsPolitics
Ruto Welcomes EBRD Move to Open African Office in Nairobi
President William Ruto has expressed happiness over the decision of the European Bank for Reconstruction and Development (EBRD) to set up its African continental office in Nairobi, Kenya. The move …
- DevelopmentEconomyInternational RelationsKenyaLabour
50 Kenyan Youths Travel to Russia for Factory Jobs
A new phase in Kenya’s labour migration efforts has begun, as 50 Kenyan youths travelled to Russia last week for factory jobs in a move aimed at reducing rising youth …
- BusinessEconomyEnvironmentInfrastructure
Dangote Refinery to Save Nigerians Over N1.07tn Annually Through Direct Fuel Distribution Initiative
The Dangote Petroleum Refinery has announced a major step aimed at changing how petrol and diesel are distributed across Nigeria. In a bold move, the company has revealed plans to …
The Nairobi Securities Exchange (NSE) surprised many on Tuesday, June 25, 2025, as it recorded strong gains despite nationwide protests and rising political tension. The market defied expectations by climbing …
The Kenyan Cabinet has approved two major legislative proposals aimed at modernising how public agencies are run and how government resources are procured and managed. The two bills—the Government-Owned Enterprises …