CBN Grants JPMorgan Approval-in-Principle to Launch Merchant Bank
The Central Bank of Nigeria (CBN) has officially granted an Approval-in-Principle (AIP) to JPMorgan Merchant Bank ...
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Year: 2026
JPMorgan Chase Deposits $38 Million with CBN to Secure Institutional Banking License in Nigeria
JPMorgan Chase & Co., the largest banking institution in the United States by assets, has deposited ...
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Elon Musk Pledges $10.5 Billion SpaceX Share Giveaway to Every American Child
Tesla and SpaceX CEO, Elon Musk has announced a high-profile equity pledge on X (formerly Twitter), ...
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IMF Cautions Nigeria Against Restoring Petrol Subsidies, Recommends Reliefs
The International Monetary Fund (IMF) has strongly advised the Federal Government of Nigeria against reinstating universal ...
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17.9 Million Nigerians Fall Into Poverty in Three Years, UN Report Reveals
An additional 17.9 million Nigerians slipped into acute multidimensional poverty between 2021 and 2024, marking the ...
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Moove Announces Shut Down, To Transfer ₦35 Billion Cars to 9,000 Nigerian Drivers
Mobility fintech giant Moove has announced a full exit from the Nigerian market, marking its operational ...
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Lagos Life Developer, Vatar Inc. Secures $500,000 Pre-Seed Round at $10 Million Valuation
Vatar Inc., the gaming startup behind Nigeria's viral browser game Lagos Life, has closed a $500,000 ...
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Personal Loans Hit ₦2.06 Trillion as Nigerians Rely On Credit To Survive High Living Costs
Outstanding personal loans obtained by Nigerians reached ₦2.06 trillion, accounting for nearly two-thirds of all consumer ...
Read moreDetailsCBN Opens Q4 2026 With ₦900 Billion Treasury Bills Issuance
The Central Bank of Nigeria (CBN) has kicked off its primary market liquidity management for the ...
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Only 1 in 10 Nigerian Adults Can Comfortably Raise ₦156,000 for an Emergency, PiggyVest Report Reveals
Only 1 in 10 Nigerian adults can comfortably raise ₦156,000 (representing about 10% of Nigeria’s GNI ...
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