NCBA Group Valuation Hits KSh 150Bn; Kenya's September Remittances Ease to KSh 54.2Bn

NCBA Group's market valuation has soared past KSh 150 billion, reaching a record high due to a sharp rise in its share price. This surge is largely attributed to speculation regarding a potential acquisition by Stanbic Bank Kenya. In other financial news, Kenya's remittances experienced a slight decline in September 2025 to US$419.6 million (KSh 54.2 billion) after reaching a record high in August. Despite this dip, cumulative remittances for the first nine months of 2025 show a significant increase. The Nairobi Securities Exchange (NSE) has partnered with Hedera and Hashgraph to launch the NSE Innovation Lab, aiming to modernize market infrastructure. Additionally, WPP Scangroup Plc has appointed Akua Brayie Owusu-Nartey as its new Group Chief Executive Officer and Executive Director. Her appointment is effective November 17, 2025.