J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. The Firm and its Foundation give approximately US$200 million annually to nonprofit organization[...] Date Posted: 19 Mar 2018
J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. The Firm and its Foundation give approximately US$200 million annually to nonprofit organization[...] Date Posted: 12 Feb 2018
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About J.P. Morgan
In July 1960, Chase Manhattan Bank received a license from the Nigerian government to engage in commercial banking in the country. Subsequently, the Chase International Investment Corporation, a Chase Manhattan subsidiary, acted as the lead partner in organizing Nigerian Textile Mills, the first major private industrial project with an American interest in Nigeria. Chase Manhattan opened a branch in Lagos, Nigeria, the following year, offering a full range of commercial banking services.
In 1975, Chase Manhattan formed the Chase Merchant Bank Nigeria Ltd. which began operations in Lagos. At the same time, Morgan Guaranty Trust Company of New York, another predecessor firm, joined three local financial institutions to form Icon Ltd., a merchant bank in Lagos.
In 1982, Chase Manhattan opened a representative office in Nigeria. By 1987, both Morgan Guaranty and Chase had withdrawn their interests in the merchant bank ventures.
Today, J.P. Morgan has a subsidiary in Lagos, Nigeria, that operates as a representative office.
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IT officer at Mabcodee Investment Limited Olatunji faderin
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