JPMorgan Deposits $38 Million With CBN As It Attempts To Secure Banking License Business

JPMorgan Deposits $38 Million With CBN As It Attempts To Secure Banking License


LAGOS, Nigeria – JPMorgan Chase & Co. has deposited ₦50 billion (about $38 million) with the Central Bank of Nigeria (CBN) as it edges closer to securing a merchant banking licence in Africa’s most populous nation, NaijaChoice News can report. The deposit, one of the final regulatory steps required under the CBN’s licensing process, signals […]

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