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CBN grants JPMorgan approval-in-principle to establish merchant bank

CBN grants JPMorgan approval-in-principle to establish merchant bank
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By Babajide Komolafe The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited. The proposed establishment of a merchant bank by one of the world’s leading financial institut...

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