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CBN grants JPMorgan approval to establish merchant bank in Nigeria

The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited. Announcing the approval on Friday, Michael Akuka, Director of the Corporate Communications and Investor Relations Department at the CBN, said the development came amid sustained reforms aimed […]

Advanced analysis (spheres, detailed sources, paid analyses)
Event date
exact date
Coverage
9 outlets · 9 articles
first · latest
Reporting countries
Nigeria
English
Countries concerned
Nigeria
Economy & energy · intensity 0.3 · tone -0.20
In 5 seconds

Covered mainly by the Global South sphere (100%); silent in Western, Sino-Russian & BRICS, Arab-Muslim world.

Western 0%Sino-Russian & BRICS 0%Arab-Muslim world 0%Global South 100%

Global sphere reading. The left / centre / right reading is shown in the coverage analysis below.

In 30 seconds
  • Confirmed by 9 outlets in 2 countries.
  • Ignored by Western, Sino-Russian & BRICS, Arab-Muslim world.
  • Propagation: first reported by tribuneonlineng.com (Nigeria), . 4 outlets republished 1 headline word for word.

Headline clash across the four spheres

Western

No outlet in this sphere covers the event: blind spot.

Sino-Russian & BRICS

No outlet in this sphere covers the event: blind spot.

Arab-Muslim world

No outlet in this sphere covers the event: blind spot.

Global South

Coverage analysis

Analyzing coverage…

Event sources

  1. CBN grants JPMorgan approval to establish Merchant Bank in Nigeria
    tribuneonlineng.comNGNigeria → NigeriaEnglish
  2. CBN Grants JPMorgan Approval to Establish Merchant Bank in Nigeria
    thewillnews.comNGNigeria → NigeriaEnglish
  3. CBN grants JPMorgan approval to establish merchant bank in Nigeria
    dailytrust.com.ngNGNigeria → NigeriaEnglish
  4. CBN approves JPMorgan merchant bank in Nigeria
    lagostelevision.comNGNigeria → NigeriaEnglish
  5. CBN approval opens door for JPMorgan merchant bank
    galaxytvonline.comNGNigeria → NigeriaEnglish
  6. CBN Grants JPMorgan Approval-In-Principle To Establish Merchant Bank In Nigeria
    channelstv.comNGNigeria → NigeriaEnglish
  7. CBN grants JPMorgan approval to establish merchant bank in Nigeria
    blueprint.ngNGNigeria → NigeriaEnglish
  8. US largest bank JPMorgan secures initial approval for Nigerian merchant bank after $38 million capital deposit
    africa.businessinsider.comBurkina FasoBurkina Faso → NigeriaEnglish
  9. JPMorgan Gets CBN Approval to Establish Merchant Bank in Nigeria
    politicsnigeria.comNGNigeria → NigeriaEnglish