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Finance & Markets

JPMorgan deposits N50 billion with CBN as Nigeria banking licence bid advances

JPMorgan Chase & Co., the largest bank in the United States by assets, has deposited N50 billion ($38 million) with the Central Bank of Nigeria (CBN) as it advances its application for a merchant banking licence in Nigeria. The post JPMorgan deposits N50 billion with CBN as Nigeria banking licence bid advances appeared first on Nairametrics .

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Solidigm Nasdaq Plan Faces Shareholder, Regulator Pushback

SK hynix is facing intense pressure from both financial authorities and investors regarding the listing of its sub-subsidiary Solidigm on the United States Nasdaq market.

  • Solidigm's Nasdaq listing faces opposition from shareholders and regulators.
  • Financial Supervisory Service opposes listing, citing violation of dual listing rules.
  • Concerns raised about decreased shareholder profits and double-counting business value.

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