🇰🇪 Tuju’s empire under siege as East African Development Bank
The East African Development Bank's (EADB) move to recover a Sh2.2 billion loan from a prominent Kenyan business conglomerate represents far more than...
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🇰🇪 Kenyan firm gets CBK nod to take on M-Pesa
Kenya's Central Bank has granted regulatory approval to a domestic fintech firm to launch a mobile money service, marking a significant moment in the ...
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🌍 JPMorgan Makes Bold Push to Offload Huge LBO Debt
JPMorgan Chase is accelerating efforts to offload a substantial leveraged buyout portfolio, marking a strategic pivot that carries significant implica...
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🇿🇼 Zimbabwe says gold-backed currency stable but investor
Zimbabwe's introduction of the Zimbabwe Gold (ZWG) currency in April 2024 represented an ambitious attempt to restore monetary stability in a nation r...
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🇰🇪 Judge says ‘no evidence’ to justify Federal Reserve probe
In a significant legal development with ripple effects across emerging markets, a U.S. federal judge has ruled against demands for Federal Reserve dis...
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🇳🇬 Africa Gift Card Business and Investment Opportunity Repo
Africa's digital payments ecosystem is experiencing a fundamental shift as gift card commerce emerges as a critical growth lever for both established ...
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🇳🇬 CBN mandates one ATM per 7,500 payment cards by 2028
Nigeria's Central Bank has issued a sweeping directive that will reshape the country's financial infrastructure landscape, requiring banks and payment...
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🇳🇬 Why Nigerians rush to gold as it holds firm above $5,000
Nigeria's financial landscape is experiencing two concurrent trends that reveal both the fragility and resilience of Africa's largest economy—and pres...
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🇳🇬 Newly-appointed adviser on political economy, Bala Bello,
President Bola Tinubu's appointment of Bala Bello as adviser on political economy arrives at a critical juncture for Nigeria's investment landscape. T...
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🌍 Scottie Pippen Helps Sell Wall Street on Prediction Markets
The presence of NBA legend Scottie Pippen at a high-profile Wall Street finance conference underscores a critical inflection point for prediction mark...
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🇰🇪 Absa to pay record dividend after profit rises to Sh14.6
Absa Bank, the pan-African financial services institution with significant operations across East Africa, has demonstrated robust operational performa...
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🇳🇬 Executive luxury, shareholder poverty
The anecdote of a Lagos banking executive lamenting the loss of corporate "cover" — the informal system whereby companies subsidize executive lifestyl...
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🇬🇭 GoldBod rejects allegations of inflated laptop procurement
The Ghana Gold Board's emphatic denial of procurement irregularities surrounding a GHS322,500 laptop purchase represents more than a routine corporate...
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🇳🇬 First Trustees confirms support for Nairametrics Money Fair
Nigeria's financial services sector is experiencing a pivotal moment. The partnership between First Trustees, a leading Nigerian asset management firm...
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🇳🇬 CBN revises dormant account guidelines, drops affidavit r
Nigeria's Central Bank has implemented a significant regulatory adjustment that carries meaningful implications for foreign investors and fintech oper...
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🇳🇬 Nigeria's Financial Literacy Push Signals Regulatory Mode
Nigeria's financial services sector is undergoing a meaningful transformation, driven by both regulatory reform and coordinated industry efforts to ex...
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🌍 Chez Société générale Côte d’Ivoire
Société Générale's operations in Côte d'Ivoire, one of West Africa's most economically dynamic markets, are navigating a critical inflection point und...
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🌍 Private Credit Fears, War Darken Outlook For US Financial
The international financial sector is experiencing its most volatile start to a calendar year since the 2020 pandemic shock, sending ripples across gl...
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🇪🇹 KCB eyes 2026 Ethiopia entry
Kenya Commercial Bank (KCB), East Africa's largest financial institution by assets, is positioning itself for entry into Ethiopia's nascent but rapidl...
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🇰🇪 Kenya's Financial Realignment: Family Exits Banking Sector
Kenya's financial landscape is undergoing a significant transformation, marked by two concurrent developments that signal shifting priorities within E...
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