JPMorgan Deposits N50Bn with CBN, Steps Closer to Nigerian Banking Licence
JPMorgan Chase has deposited ₦50 billion, equivalent to about $38 million, with the Central Bank of Nigeria (CBN) as it moves closer to securing a licence to operate a merchant bank in Nigeria.
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JPMorgan Chase has deposited ₦50 billion, equivalent to about $38 million, with the Central Bank of Nigeria (CBN) as it moves closer to securing a licence to operate a merchant bank in Nigeria.
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About this article
- Length
- 33 words · 1 min read
- Published
- October 20, 2026
- Byline
- Ebere Melum-Nwogbo