JP Morgan deposits $38m with CBN for licence to operate banks in Nigeria
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 aimed at enabling JP […] JP Morgan deposits $38m with CBN for licence to operate banks in Nigeria
We haven't written up this one. Daily Post Nigeria has the full story — the link below goes straight to it.