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Finance: Nigeria's index impasse

August 11, 2015 Comments Off on Finance: Nigeria's index impasse

Nigeria could soon be kicked off of a key index, leading to huge outflows from naira-denominated bonds US-based bank JPMorgan Chase has given Nigeria until the end of the year to help ease the flow of funds out of the country or be removed from its Government Bond Index- Emerging Markets (GBI-EM).

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