CBN Grants Approval-in-Principle for JPMorgan Merchant Bank in Nigeria: Global Wall Street Giant Re-Enters Domestic Investment Banking Amid ₦1.8 Trillion Bank Recapitalization

The Central Bank of Nigeria approves JPMorgan Merchant Bank Nigeria Limited, granting the world's largest investment bank full authorization to structure cross-border mergers, sovereign debt underwriting, and infrastructure syndications in West Africa's biggest economy.