Banking

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  Banking, Exclusive

  Sterling Bank raises entry-level pay to ₦528,000 in company-wide salary review

  Olumuyiwa Olowogboyega

  26th February 2025

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  Banking

  NCBA LOOP is reinventing neobanking by pioneering Kenya’s embedded finance revolution

  Kenn Abuya

  17th February 2025

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  Banking, News

  Kenyan banks race to cut lending rates as Central Bank threatens daily fines

  Adonijah Ndege

  14th February 2025

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  Banking

  Breaking: KCB lowers lending rate to 14.6% amid CBK crackdown on non-compliant banks

  Kenn Abuya

  10th February 2025

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  Banking

  South Sudan launches first-ever instant payments system three years after proposal

  Kenn Abuya

  7th February 2025

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  Banking

  Polaris, Keystone exploring mergers as Nigeria’s capital rules encourage consolidation

  Ganiu Oloruntade

  5th February 2025

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  Banking, Companies, FinTech, Regulation

  Safaricom, Kenyan commercial banks propose Pesalink for national payments overhaul 

  Adonijah Ndege

  4th February 2025

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  Banking

  Zenith Bank raises pay by 20% for nearly 10,000 employees to keep in step with tier-1 banks 

  Ganiu Oloruntade

  28th January 2025

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  Banking

  Kenyan banks push for Pesalink upgrade as CBK eyes new real-time payment system

  Adonijah Ndege

  6th January 2025

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  Banking, Exclusive

  Exclusive: GTBank gets court order to recover ₦1.9 billion erroneously credited to customer accounts in October 2024

  Ganiu Oloruntade

  2nd January 2025

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  Banking, Features

  How much do Nigerian bankers earn? Discover the top paying banks in 2024

  Olumuyiwa Olowogboyega

  16th December 2024

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  Banking, Companies, East Africa, Kenya, Regulation

  Kenyan banks to lower interest rates following pressure from the Central Bank

  Adonijah Ndege

  9th December 2024

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  Banking, News

  Kenya’s parliament proposes 8-year timeline for banks to meet new capital requirements 

  Adonijah Ndege

  4th December 2024

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  Banking

  KCB Group grows profits by 49% as total assets hit $15.4 billion

  Kenn Abuya

  20th November 2024

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  Banking

  Kenya’s KCB Bank completes IT infrastructure migration to tier III data centre

  Kenn Abuya

  1st November 2024

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  Acquisitions, Banking, Companies, Kenya

  Access Bank gets approval to acquire National Bank of Kenya in deal thought to be worth $100 million 

  Adonijah Ndege

  30th October 2024

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  Banking, Companies

  Kenya’s central bank says UBA breached capital rules  

  Adonijah Ndege

  28th October 2024

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  Banking, Exclusive

  Sterling Bank pitches SEABaaS, its custom core banking software to MTN MoMo, other banks

  Faith Omoniyi

  28th October 2024

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  Banking

  Stanbic Bank Kenya finalises core banking software upgrade as system glitches ease

  Kenn Abuya

  25th October 2024

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  Banking

  Nigeria’s biggest banks will spend at least ₦82 billion on core banking software

  Ganiu Oloruntade

  23rd October 2024

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  Banking, Exclusive

  Why GTBank has struggled with its switch to Finacle

  Muktar Oladunmade

  22nd October 2024

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  Banking, News

  Kenya’s central bank plans instant payment system across all banks and fintechs 

  Kenn Abuya

  18th October 2024

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  Banking

  Kenya’s Central Bank issues operating licence to JP Morgan

  Adonijah Ndege

  14th October 2024

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  Banking

  GTCO’s switch to core banking software Finacle suffers delays and leaves customers frustrated

  Towobola Bambgose

  14th October 2024

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  Banking, News

  Kenya cuts key benchmark rate to 12%

  Kenn Abuya

  8th October 2024

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  Banking, Companies, Kenya

  Four suspects in Equity Group card fraud scheme wired $2.4 million to Abu Dhabi

  Adonijah Ndege

  2nd October 2024

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  Banking

  Exclusive: Zenith Bank to finalise switch of core banking platform in October

  Muktar Oladunmade

  26th September 2024

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  Banking, Exclusive

  GTBank finalising change to new core banking platform

  Muktar Oladunmade

  12th September 2024

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  Banking, Exclusive

  Exclusive: Sterling Bank outage caused by migration to new core banking application 

  Olumuyiwa Olowogboyega

  7th September 2024

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  Banking, Cryptocurrency, FinTech, News

  Banks and fintechs remain wary of Crypto despite new licences

  Ngozi Chukwu

  3rd September 2024

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  Banking

  Investment bankers, lawyers could make $82million from bank recapitalisation as competition pressures fees

  Muktar Oladunmade

  26th August 2024

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  Banking

  Exclusive: Nigeria’s Access Bank nears completion of National Bank of Kenya acquisition  

  Adonijah Ndege

  21st August 2024

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  Banking, News

  GTBank website outage was likely caused by a delay in domain name renewal, not a hack

  Ngozi Chukwu

  15th August 2024

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  Banking

  Fitch cuts Union Bank’s credit rating over capital breaches

  Ganiu Oloruntade

  14th August 2024

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  Banking

  Access Holdings extends $233 million rights issue to August 23

  Ganiu Oloruntade

  14th August 2024

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  Banking

  Zenith Bank, Nigeria’s largest lender, begins $182 million raise

  Ganiu Oloruntade

  12th August 2024

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  Banking

  “Business combination will strengthen our balance sheet by ₦3 Trillion,” Providus Bank tells customers 

  Joseph Olaoluwa

  12th August 2024

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  Banking, East Africa, Kenya

  Equity Group’s half-year profit grows 12.5% to $229 million

  Adonijah Ndege

  12th August 2024

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  Banking

  Kenyan commercial banks to start tracking high-value transactions

  Kenn Abuya

  8th August 2024

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  Banking

  Kenya lowers interest rate to 12.75% as inflation cools 

  Kenn Abuya

  6th August 2024