O ne of the world's largest banks is moving closer to starting operations in Nigeria after the Central Bank of Nigeria, CBN, granted it an Approval-in-Principle to set up a merchant bank. The proposed bank will be known as JPMorgan Merchant Bank Nigeria Limited. Announcing the approval, CBN's Director of Corporate Communications and Investor Relations, Michael Akuka, said the decision reflects growing investor confidence in Nigeria's financial system as the country continues with reforms to strengthen stability and attract capital. He noted that the approval comes after the recent bank recapitalisation exercise which has improved the resilience of Nigerian banks. CBN Governor, Olayemi Cardoso, said the move aligns with the bank's broader reform agenda, according to Champion Newspaper . "Our objective is to build a financial system that is stable, competitive and internationally connected, one that commands confidence and can effectively support investment and econo...

L agos stood still on Saturday as street-pop star, Zlatan Ibile married his longtime partner, Davita Lamai, in a colourful traditional wedding. The ceremony, held on October 24 and tagged #DTTheUnion , was a celebration of love and culture. Zlatan, whose real name is Omoniyi Temidayo Raphael, and his bride honoured Edo tradition in stunning Benin attire. He appeared in white decorated with red coral beads, while Davita wore a deep burgundy beaded gown with a coral crown. The hall was filled with dignitaries, with a large turnout from the entertainment industry. Top music stars, Nollywood figures, popular influencers, DJs and industry executives were all present to celebrate with the couple. Videos from the venue showed guests dancing and cheering as the couple made their entrance. A day before the event, Zlatan and Davita shared pre-wedding portraits on Instagram with the caption " IT'S TIME TO MARRY ," which drew thousands of congratulatory messages from fans. The couple...