CBN Approves JPMorgan’s Plan to Establish Merchant Bank in NigeriaThe Central Bank of Nigeria (CBN) has granted JPMorgan approval-in-principle to establish a merchant bank in Nigeria, a move that could deepen the country’s access to international capital markets and expand specialised financial services.The proposed institution, JPMorgan Merchant Bank Nigeria Limited, will focus on wholesale banking, capital markets and advisory services, according to the apex bank.In a statement issued on Friday, October 23, 2026, the CBN said the approval reflected growing international interest in Nigeria’s financial sector, amid ongoing reforms to ...
“Detty December” is a popular slang term for the vibrant, party-filled festive season in Nigeria and Ghana, typically running from mid-December through the New Year. It’s a period of intense celebrations, social gatherings, concerts, and cultural events that attracts a significant influx of diaspora returnees and tourists, significantly boosting the local economy.
The phrase, coined by artist Mr. Eazi in 2016, means “to let loose and live it up” during the holidays.
The Emergence of EVs in Lagos: A New Era of Mobility and Sustainability Lagos—Nigeria’s commercial capital, cultural influencer, and megacity of over 20 ...
“Godfather or Governor? The Wike-Fubara Power Struggle Shaping Rivers State’s Future”In Nigeria’s complex political theatre, allegiances can shift as fast as the tides ...
