JPMorgan Gets Closer to Clinching Nigerian Banking License
J.P. Morgan Chase is reportedly getting closer to obtaining a banking license in Nigeria. The largest U.S. bank has deposited 50 billion naira ($37.5 million) with the Central Bank of Nigeria, Bloomberg News reported Tuesday (Oct. 20), citing sources familiar with the matter. The deposit, one of the last regulatory requirements for clinching approval, shows […] The post JPMorgan Gets Closer to…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.