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NigeriaBusiness

CBN Approves JPMorgan’s Plan to Establish Merchant Bank in Nigeria

The Central Bank of Nigeria (CBN) has granted JPMorgan approval-in-principle to establish a merchant bank in Nigeria, paving the way for the American...

BusinessNigeriaWorld

JPMorgan Wins Initial CBN Approval to Establish Merchant Bank in Nigeria

The Central Bank of Nigeria (CBN) has granted US financial services giant JPMorgan Chase approval in principle to establish a merchant bank in...

Wall Street Trading Boom Shows Signs of Cooling After Record Quarter
BusinessEconomy

Wall Street Trading Boom Shows Signs of Cooling After Record Quarter

Wall Street’s record trading run is showing signs of losing momentum, with major US banks warning that the exceptional revenue growth recorded in...

Angola Plans to Open $18.6 Billion Domestic Bond Market to Foreign Investors
WorldAfricaBusinessEconomy

Angola Plans to Open $18.6 Billion Domestic Bond Market to Foreign Investors

Angola plans to open its $18.6 billion domestic government bond market more broadly to foreign investors as it seeks to diversify funding and...

ByteDance secures $29.6 billion loan to fund AI expansion
WorldBusinessInfrastructure & DevelopmentTechnology

ByteDance secures $29.6 billion loan to fund AI expansion

ByteDance has secured a $29.6 billion loan from nearly 30 banks, as strong demand from lenders highlights growing investor confidence in the Chinese...