Economy
JPMorgan Nigeria merchant bank wins CBN approval
The Central Bank of Nigeria has granted the JPMorgan Nigeria merchant bank an approval-in-principle, marking the US lender’s first formal step toward establishing a licensed banking presence in Africa’s largest economy. The CBN issued the decision on 23 October 2026. The proposed institution, to be named JPMorgan…
FurtherAfricaBy FurtherAfrica
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