Kairos Reports
Menu

BREAKING: CBN approves JPMorgan’s plan to establish merchant bank in Nigeria

Nairametrics's headline. Reported by Nairametrics, Channels Television, BusinessDay, ThisDay, TVC News, Vanguard and 5 more.

File picture: Patrickroque01 via Wikimedia Commons, CC BY-SA 4.0

What Nairametrics reported

The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish JPMorgan Merchant Bank Nigeria Limited, marking a new step in the US financial institution’s plans to expand its presence in the country.

The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.

BREAKING: CBN approves JPMorgan’s plan to establish merchant bank in Nigeria. The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish JPMorgan Merchant Bank Nigeria Limited, marking a new step in the US financial institution’s plans to expand its presence in the country. Covered by 11 publications. Nairametrics: BREAKING: CBN approves JPMorgan’s plan to establish merchant bank in Nigeria. Channels Television: CBN Grants JPMorgan Approval-In-Principle To Establish Merchant Bank In Nigeria. BusinessDay: CBN grants JPMorgan approval to open merchant bank. ThisDay: CBN Grants JPMorgan Approval-in-Principle to Establish Merchant Bank in Nigeria. TVC News: BREAKING: CBN Grants JPMorgan Approval To Establish Merchant Bank In Nigeria. Vanguard: CBN grants JPMorgan approval-in-principle to establish merchant bank. The Sun Nigeria: CBN clears JPMorgan to set up merchant bank in Nigeria. BusinessDay: CBN grants JPMorgan approval to open merchant bank. Daily Trust: CBN grants JPMorgan approval to establish merchant bank in Nigeria. Nigerian Tribune: CBN grants JPMorgan approval to establish Merchant Bank in Nigeria. Punch: Bank licence: CBN grants JPMorgan preliminary approval.

Who is covering it

  1. Nairametrics Nigeria BREAKING: CBN approves JPMorgan’s plan to establish merchant bank in Nigeria The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish JPMorgan Merchant Bank Nigeria Limited, marking a new step in the US financial institution’s plans to expand its presence in the country. 23 Oct · Tier 2
  2. Channels Television Nigeria CBN Grants JPMorgan Approval-In-Principle To Establish Merchant Bank In Nigeria The CBN said that the AIP represents the first stage of the regulatory approval process and does not constitute a final banking licence. 23 Oct · Tier 2
  3. BusinessDay Nigeria CBN grants JPMorgan approval to open merchant bank …boosting confidence in reforms … appoints Adedapo Adedayo Olagunju as managing director The Central Bank of Nigeria (CBN) on Friday 23 Oct · Tier 2
  4. ThisDay Nigeria CBN Grants JPMorgan Approval-in-Principle to Establish Merchant Bank in Nigeria ·Cardoso says objective is to build stable, internationally connected financial system ·Apex bank seeks public feedback to close gaps in financial reforms, improve policy delivery James Emejo in Abuja and Nume Ekeghe in 24 Oct · Tier 3
  5. TVC News Nigeria BREAKING: CBN Grants JPMorgan Approval To Establish Merchant Bank In Nigeria The Central Bank of Nigeria (CBN) has granted JPMorgan approval-in-principle to establish a merchant bank in Nigeria, following the banking sector recapitalisation exercise. The proposed institution, JPMorgan Merchant Bank Nigeria Limited, is expected to operate after fulfilling the remaining regula 23 Oct · Tier 3
  6. Vanguard Nigeria CBN grants JPMorgan approval-in-principle to establish merchant bank The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited. 23 Oct · Tier 3
  7. The Sun Nigeria Nigeria CBN clears JPMorgan to set up merchant bank in Nigeria The Central Bank of Nigeria (CBN), on Friday, said it has granted the American banking giant, JPMorgan approval-in-principle to establish a merchant bank in the country. 23 Oct · Tier 3
  8. BusinessDay Nigeria CBN grants JPMorgan approval to open merchant bank …boosting confidence in reforms … appoints Adedapo Adedayo Olagunju as managing director The Central Bank of Nigeria (CBN) on Friday 23 Oct · Tier 3
  9. Daily Trust Nigeria CBN grants JPMorgan approval to establish merchant bank in Nigeria The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited. Announcing the approval on Friday, Michael Akuka, Director of the Corporate Communications and Investor Relations Depa 23 Oct · Tier 3
  10. Nigerian Tribune Nigeria CBN grants JPMorgan approval to establish Merchant Bank in Nigeria The Central Bank of Nigeria (CBN) has granted approval-in-principle to global financial services giant JPMorgan to establish a merchant 23 Oct · Tier 3
  11. Punch Nigeria Bank licence: CBN grants JPMorgan preliminary approval The Central Bank of Nigeria has granted JPMorgan an approval-in-principle to establish a merchant bank in Nigeria, a key step before a final licence is iss 24 Oct · Tier 3

Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.

More from Business

File picture: CEphoto, Uwe Aranas via Wikimedia Commons, CC BY-SA 3.0
Breaking Politics · United States 9 publications

Israel Arrests 10 for Settler Attack on US Journalist, Diplomats

According to the sources, Israeli police arrested at least 10 suspects over weekend attacks by settlers in the occupied West Bank on a Washington Post photojournalist and European diplomats. Egypt Independent reported the arrests came amid US pressure over a surge in settler violence. DW reported that Yesh Din has recorded at least 170 settler attacks since September 27. Al-Monitor, citing Reuters, said police announced the arrests on Monday, and the United States and Israel's allies have called for action. Middle East Eye reported eight arrests rather than 10. Summary from 9 sources

Sources differ: Middle East Eye reported eight arrests, while Al-Monitor, Bloomberg, DW and MyJoyOnline reported 10.

Summary from 9 sources Bloomberg Politics first also DW News, DW News (all), Al Jazeera English, Egypt Independent and 4 more

File picture: Eurico Zimbres via Wikimedia Commons, CC BY-SA 2.5
Breaking Business · Economy 9 publications

Europe’s central bank chief Christine Lagarde to step down nine months early

According to the Korea Times, ECB President Christine Lagarde will resign on February 7, nine months ahead of the end of her eight-year term, the ECB said Thursday. Al Jazeera English and Punch also reported the February departure, and The Guardian said she is stepping down to speak her mind about world affairs. The New York Times reported that the plan sets in motion a selection process among European leaders for a new central bank president. DW News reported that European Council President Antonio Costa said the process to find a successor is underway. The story is developing. Summary from 9 sources

Sources differ: Punch gives the departure date as February 7, 2027, while other outlets say only February.

Summary from 9 sources The Guardian Business first also Al Jazeera English, The New York Times, DW News, CNBC World and 2 more

File picture: Diliff via Wikimedia Commons, CC BY 2.5
Business · Banking

Israel demolishes gunmen's homes in West Bank operation that has displaced thousands

JERUSALEM, Oct 30 (Reuters) - Israel demolished on Friday the homes of the assailants who killed two Israeli soldiers at a checkpoint in the occupied West Bank city of Hebron last week, part of an ongoing operation that has forcibly displaced over 3,000 Palestinians. After the October 23 attack, in Excerpt, Al-Monitor

Source Al-Monitor