JPMorgan Gets Closer to Clinching Nigerian Banking License
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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 Clinching Nigerian Banking License appeared first on PYMNTS.com.
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