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Managing Director of J.P. Morgan West Africa, Dapo Olagunju said the financial institution was influenced to set up a bank in Nigeria by the Central Bank of Nigeria’s reforms as well as the United States’ decision to deepen its presence in Nigeria.
He spoke during a panel discussion tagged: “Innovation, Investment and the Next Decade of Partnerships,” to Nigeria at the 32nd Nigerian economic summit in Abuja which was sponsored by IHS.
“J.P. Morgan coming in at this time also signifies that the impact of the reform that has been put in place in the last three or four years is almost at the same level” as a previous major shift in Nigeria’s political and economic environment, he said.
Ruth Oyiza Zaccheaus is a news blogger, content creator, and microbiology researcher with a deep passion for keeping society informed through timely, well-researched, and verifiable reporting. She covers politics, public affairs, and health, with a strong commitment to accuracy, clarity, and responsible publishing. Drawing from her scientific background, Ruth brings an evidence-based and analytical approach to her work, helping readers understand complex developments and make informed decisions. She is dedicated to bridging the gap between important information and the public, believing that informed readers are empowered readers. Ruth is currently pursuing an M.Sc. degree at a prestigious Nigerian university.
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