Blog
Liquidia Shares Plunge Following Court Ruling in Favor of United Therapeutics
Liquidia Technologies' stock took a significant hit after a court ruled in favor of United Therapeutics in a patent dispute. The decision has raised concerns about Liquidia's future prospects in the pharmaceutical market.
Ghana Revenue Authority to Settle Tullow’s $393M Tax Liability Without Disruption
The Ghana Revenue Authority (GRA) plans to resolve Tullow Oil's $393 million tax liability while ensuring the company's operations remain uninterrupted, following a tribunal ruling that upheld the GRA's tax assessment.
Petrobras Leverages Cardano for Tracking Sustainable Aviation Fuel and Diesel
Brazilian oil giant Petrobras has launched two blockchain applications on Cardano to monitor sustainability claims for sustainable aviation fuel and renewable diesel, enhancing transparency in the energy sector.
Bitget Recovers with $309M Protection Fund After $388M Security Breach
Bitget CEO Gracy Chen announced a return to normal operations as the exchange's protection fund reaches $309 million, following a security breach that resulted in $388 million in user losses. Withdrawals for all tokens will resume soon.
Security Chief Exits Browns Plantation Amid Assault Allegations
A legal dispute at Browns Plantation has surfaced allegations of employee assaults linked to fuel theft, leading to the exit of security manager Vincent Murangiri after his dismissal claims were rejected by the court.
Kenyans Profit from Hidden Natural Wonders: The Waterfall Adventure Trend
Kenyans are discovering hidden waterfalls and natural attractions, turning these adventures into profitable ventures. Local tourism is thriving as more people explore off-the-beaten-path locations.
New Kenya Power Customers See Drop in Monthly Electricity Bills
New Kenya Power customers are now spending less on electricity, with average monthly bills falling to Sh818.68, down from Sh1,061.76 last year, highlighting the low living standards of newly connected households.
NNPC Group's Tax and Royalty Payments Surge 150% to N14.7 Trillion in 2025
NNPC Group's tax and royalty payments skyrocketed by 150% to N14.71 trillion in 2025, driven by a fourfold increase in royalties. Despite a revenue decline, profit after tax rose 33% to N7.2 trillion.
CBK Proposes New Guidelines for Bank Business Transfers to Safeguard Investors
The Central Bank of Kenya is drafting new guidelines to regulate business transfers within banking groups, aiming to enhance investor and depositor protection during hive-down transactions.
Kenya's Compliance Costs: A Burden for Foreign Small Businesses
Kenya's efforts to integrate foreign-run small businesses into the formal economy reveal significant compliance costs, including permits, taxes, and payroll deductions, particularly affecting mid-sized operators.
Asahi Plans Growth in East Africa with Premium Beer Brands
Asahi Group Holdings aims to expand its presence in East Africa by introducing international premium beer brands, following its majority investment in East African Breweries Plc (EABL).
Nigerian Consumer Goods Firms Hold N587 Billion in Cash Amid Interest Rate Cuts
Nigerian consumer goods companies amassed N587 billion in cash by mid-2026, marking a 12.2% increase from the previous year. However, recent interest rate cuts may impact their earnings from these cash reserves.