James Ndegwa News

The top shareholders in NIC, CBA banks merger

Bottom: Billionaire businessman Naushad Merali (left), NIC Chairman James Ndegwa (centre) and his brother Andrew Ndegwa.

Business Daily Africa , Kenya Feb 12, 2019

NIC Bank gains Sh3.2bn on merger update

“The combined bank will be a very strong financial player in the region with the ability to drive growth and support Kenya’s economic agenda and that of its neighbouring territories,” said NIC chairman James Ndegwa.

Business Daily Africa , Kenya Feb 1, 2019

CBA shareholders to get majority stake in merger with NIC Bank

NIC Chairman James Ndegwa says the combined banks will now have the ability to drive growth and support Kenya’s ambitious; economic agenda.

Capital News , Kenya Jan 31, 2019

Kenya's NIC to merge with Commercial Bank of Africa -NIC chairman

“Today we announce our intention to merge NIC Group and CBA Group,” Chairman James Ndegwa told reporters.

Reuters , Africa Jan 31, 2019