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CBN Grants JPMorgan Approval-In-Principle To Establish Merchant Bank In Nigeria

CBN Grants JPMorgan Approval-In-Principle To Establish Merchant Bank In Nigeria
Photo: Channels Television · view original

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 institutions marks a si...

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