The Trading Room

Allianz, one of the world’s leading insurers and asset managers, has completed the acquisition of a majority stake in Jubilee Insurance Company of Uganda Limited. Allianz became the majority shareholder in Jubilee Insurance Company of...

Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally driven by strong demand in the United States, the world's biggest consumer of crude and its products. Brent crude...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 12,871,400 shares in 901 deals, corresponding to a market value of KES 488,822,613.00, were traded. Compared with the...

Shares in Asia-Pacific were mixed on Monday as investors reacted to the release of HSBC earnings. Hong Kong’s Hang Seng index closed little changed at 26,132.03. Hong Kong-listed shares of HSBC rose 0.43% after the bank on Monday reported...

President Muhammadu Buhari is set to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the State House, Abuja. Central bank-backed CBDCs and cryptocurrency are...