JPMorgan Nigeria merchant bankLatest of 4

JPMorgan Names Nigerian Executive to Lead New Nigeria Investment Bank

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaOct 27, 2026

JPMorgan is establishing a licensed merchant bank in Nigeria, moving from capital deposit to full CBN regulatory approval.

JPMorgan has selected Dapo Olagunju to head its newly established investment banking operation in Nigeria, according to French-language reporting on the appointment. The personnel announcement follows the Central Bank of Nigeria's formal licence approval and the naming of a broader leadership team reported on 26 October.

1 source

Dapo Olagunju choisi pour diriger la future banque d’affaires de JPMorgan au Nigeria · financialafrik.com · T2

Story timeline · 4 entries

Oct 27, 2026This story
JPMorgan Picks Nigeria Bank Chief
Dapo Olagunju is named to lead JPMorgan's newly licensed Nigeria investment bank, adding a named executive to yesterday's personnel announcement.
Oct 26, 2026✦ Take
JPMorgan Names Nigeria Merchant Team
JPMorgan names five Nigerian executives to lead newly approved merchant bank, detailing team composition for first time.
Oct 24, 2026✦ Take
JPMorgan Wins Nigeria Bank Licence
CBN formally approves JPMorgan's merchant banking licence after N50 billion deposit, completing the regulatory process
Oct 21, 2026✦ Take
JPMorgan Bets Big on Nigeria
JPMorgan has deposited N50 billion with the Central Bank of Nigeria as part of its bid for a merchant banking licence, advancing its entry into Africa's largest economy. The move is widely described as a landmark vote of confidence in Nigeria's banking market from the world's largest bank.