JP Morgan plans to set up a Merchant bank in Nigeria

JP MORGAN has deposited about 50 billion Naira with the Central Bank of Nigeria for a license to operate a merchant bank. With a 5 Trilion dollar balance sheet, JP Morgan is expected to impact the economy positively. This is a Guild News Network Story. Presented by Amaka Anioji #GuildNewsNetwork #PanafricanNewsChannel #NationalDevelopment #ContinentalDevelopment