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J.P. Morgan plans to launch a merchant banking business in Nigeria before end of 2026
J.P. Morgan is planning to launch a merchant banking business in Nigeria before the end of 2026, subject to regulatory approval, Dapo Olagunji, Managing Director of J.P. Morgan West Africa, disclosed at the Nigeria–Asia Financial Connectivity Dialogue in Singapore. In April 2025, reports emerged that the bank intended to convert its Lagos representative office into a fully operational branch and seek a merchant banking licence from the Central Bank of Nigeria.
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Banking and Finance WhatsApp Facebook Twitter Linkedin Telegram Email Print Global financial services giant J.P. Morgan is planning to launch a merchant banking business in Nigeria before the end of 2026, subject to regulatory approval, in a move that could strengthen its presence in the country’s financial sector and expand its engagement with local businesses and investors. Dapo Olagunji, Managing Director of J.P. Morgan West Africa , disclosed the plan during the Nigeria–Asia Financial Connectivity Dialogue in Singapore, where policymakers, investors and financial industry executives…