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JP Morgan deposits $38m with CBN for licence to operate banks in Nigeria

JP Morgan deposits $38m with CBN for licence to operate banks in Nigeria
Photo: Daily Post Nigeria · view original

JP Morgan has deposited $38 million with the Central Bank of Nigeria, CBN, as part of the requirements for securing a banking licence in the country. Bloomberg disclosed this in a report on Tuesday. Although the apex bank is yet to confirm the report, Bloomberg, quoting sources, said the move was...

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