CBN granted JPMorgan approval to establish a merchant bank in Nigeria, requiring incorporation with the Corporate Affairs Commission.

The entities involved

• CBN →
  • The Central Bank of Nigeria (CBN) cut the Monetary Policy Rate to 23% after concluding its MPC meeting in Abuja.05:21
  • In 1995, CBN approved directors and a board for JP Morgan, following a masterclass headlined by Joseph Edgar in Abuja.Sun 00:53
• Nigeria →

  sovereign state in West Africa

  • Lagos State, Nigeria, established a trust fund specifically for security purposes.15:05
  • Nigeria and Turkey signed an MoU on solid minerals cooperation and enhanced bilateral relations.15:03
• JPMorgan Chase →

  American multinational banking and financial services holding company

  • JPMorgan Chase adjusted its price target and maintained its rating for Expeditors International on July 8, 2025.07:58
  • Morgan Stanley strategist Wilson provided a market assessment covering investor positioning and bond yields.04:25

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• Keystone Bank Limited aims to support the economic growth of Nigeria.14:57