Kenya Power and Lighting Company (KPLC) has reported a sharp 18.7 per cent decline in its net profit for the financial year ended June 2025, falling to KSh 24.47 billion …
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Corporate EarningsEastern AfricaELECTRICITYEnergyFinanceInfrastructure
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AgricultureBusinessCorporate NewsEconomyFinance
BUA Foods Approves N13 Dividend for Shareholders After Strong 2024 Financial Performance
BUA Foods Plc has declared a dividend of N13 per share for its shareholders after the company’s 4th Annual General Meeting (AGM) held on Thursday at the Transcorp Hilton Hotel …
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BusinessCapital MarketCorporate NewsEconomyINVESTMENTNigeria
NASD Declares First Dividend as Shareholders Celebrate Turnaround
Shareholders of NASD Plc have commended the company’s board and management for steering it out of years of losses to profitability, leading to its first-ever cash dividend payout. At the …
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BusinessEastern AfricaEconomyFinanceTelecommunications
MTN Uganda Records Strong Revenue Growth in H1 2025 Despite Profit Dip from Tax Settlement
MTN Uganda has announced a strong financial performance in the first half of 2025, showing double-digit growth in revenue despite a dip in profit due to a significant one-off tax …
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BusinessCorporate EarningsFinanceInsuranceNewsNigeria
FBS Reinsurance Grows Insurance Revenue by 85% to N50.9bn in 2024
FBS Reinsurance Limited, an indigenous player in Nigeria’s insurance sector, has reported a strong financial performance for the 2024 financial year, with insurance revenue rising by 85 per cent to …
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BusinessEconomyFinance & ServicesInsuranceMarketsNews
Cornerstone Insurance Grows Profit by 87% in 2024.
Cornerstone Insurance Plc has posted a strong performance for the 2024 financial year, recording a profit after tax (PAT) of N25.89 billion, a massive jump of 87.11 per cent compared …
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BusinessBusiness InsightsDigital EconomyEconomyFinance & ServicesInsuranceNigeria
NEM Insurance Plc has made a major breakthrough in Nigeria’s
insurance industry by becoming the first non-life insurance company to cross the N100 billion mark in gross premium income. The achievement was revealed during the company’s 55th Annual General Meeting …
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Arts & CultureBusinessFinance & ServicesGOVERNMENTManufacturingMarketsNewsNigeriaTechnology
Berger Paints Declares N1.20 Dividend as Shareholders Hail Strong 2024 Performance
Shareholders of Berger Paints Nigeria Plc (BPN) have approved a total dividend payout of N1.20 per share for the 2024 financial year, signalling confidence in the company’s performance and leadership. …
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesINVESTMENTKenyaNews
Standard Chartered Kenya Posts KSh20 Billion Profit Despite Drop in Assets
Standard Chartered Bank Kenya has reported a net profit of KSh20 billion for the 2024 financial year, showing a 45 percent increase compared to the KSh13.8 billion it made in …
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AfricaBusinessBusiness InsightsEconomyHealthcareMarketsNigeriaWestern Africa
Fidson Hits ₦44.64bn Market Capitalisation, Celebrates 30 Years with Record Growth
Fidson Healthcare Plc has reached a major milestone in its 30th anniversary year, hitting a market capitalisation of N44.64 billion as of April 2025. The indigenous pharmaceutical manufacturer also reported …