JP Morgan

CBN Grants JPMorgan Approval to Establish Merchant Bank in Nigeria

The Central Bank of Nigeria has granted JPMorgan approval-in-principle to establish a merchant bank in the country, marking a potential expansion of the global financial institution’s presence in Nigeria’s financial services market.

Only Consistent Policies Will Attract Investors, Foreign Capital – JP Morgan Tells Nigeria

October 17, (THEWILL) – American multinational financial services firm, JP Morgan, has advised countries, including Nigeria, who are seeking foreign direct investments (FDIs) to ensure consistency in their regulatory frameworks. Speaking on Wednesday, at the 30th Nigerian Economic Summit, Mr...

CBN Faults JP Morgan’s Report On Forex Reserves

August 24, (THEWILL) - The Central Bank of Nigeria (CBN) has faulted the bank’s financial accounts estimation published by JP Morgan, raising concern over the motive. The apex bank spoke through its Director, Monetary Policy Department, Dr Hassan Mahmud, during...

Shocking: JP Morgan Puts Nigeria’s FX Reserves at $3.7bn, Against $37.15bn as of December 2022

August 21, (THEWILL) - Global financial service firm JP Morgan has estimated Nigeria’s net FX Reserve to be around $3.7 billion which far contradicts the $37.15 billion reported by the Central Bank of Nigeria (CBN) as of December 31,...
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Amupitan Not Resigning, INEC Tells Nigerians

The commission issued the clarification on Saturday amid growing controversy surrounding the preliminary voters’ register ahead of the 2027 general elections and calls by some Nigerians for Amupitan to step down over alleged irregularities in the registration process.
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