JPMorgan lodges N50bn with CBN for banking licence

🇳🇬 Punch Nigeria (NG) —
JPMorgan lodges N50bn with CBN for banking licence

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JPMorgan Chase has deposited N50 billion with the Central Bank of Nigeria as part of its application for a merchant banking licence. The deposit is a key regulatory requirement for the application.

JPMorgan Chase & Co has deposited N50bn with the Central Bank of Nigeria as a key requirement in its application to secure a merchant banking licence. Read More: https://punchng.com/jpmorgan-lodges-n50bn-with-cbn-for-banking-licence/

World Markets Deals JPMorgan Chase Central Bank of Nigeria merchant banking banking licence Nigeria N50 billion regulation

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