Economy
JPMorgan closes in on Nigeria merchant banking license
JPMorgan is on track to secure a merchant banking license in Nigeria after making a $38 million statutory deposit to the country’s central bank, Bloomberg reported. If successful, the New York-based lender, which has been bullish about Nigeria’s prospects , would add considerable heft to the investment banking sector…
Semafor AfricaBy Alexander Onukwue
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Read at Semafor Africa →Original headline: “JPMorgan closes in on Nigeria merchant banking license”
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