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JPMorgan has deposited $38 million with the Central Bank of Nigeria as it moves closer to securing a banking license in Africa’s most populous nation. Read more: bloom.bg/4BfV3c5 📷: Getty Images

20/10/26, 9:35 am6 reposts12 likes

Issa Slee

@issaslee.bsky.social

Africa isn’t short of customers. It needs better banking that actually serves them. Real question is whether JPMorgan’s entry will improve access and competition for Nigerians, or simply give another financial giant a bigger slice of the market.