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 …
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 …
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, …
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 …
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 …
Safaricom is beginning to feel the pressure in Kenya’s mobile money industry, as new data shows a steady drop in M-Pesa’s market share. For many years, M-Pesa has led the …
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 High Court in Kenya has ruled in favour of Wells Fargo Limited, dismissing a KSh 23.4 million claim filed by Equity Bank Kenya Plc over the theft of KSh …
Shareholders of Equity Group Holdings Plc have approved the bank’s plans to open a Representative Office in the United Arab Emirates (UAE), marking the first time a Kenyan lender will …
Ethiopia has officially opened its banking sector to foreign investors with a new directive that came into effect on June 25, 2025, allowing international banks to operate in the country …