Showing posts with label J.P. Morgan. Show all posts
Showing posts with label J.P. Morgan. Show all posts

Saturday, 12 September 2015

Buhari crippling Nigerian economy: Why J.P Morgan kicked Nigeria out of its rankings - Experts

At A loss: Buhari is terribly confused on how to handle governance
Dr. Ben Obi, an Economist and lecturer at the University of Abuja, has accused President Muhammadu Buhari’s slow pace of leadership as being responsible for banking giant J.P Morgan delisting Nigeria from its Government Bond Index-Emerging Markets, GBI-EM. 

J.P Morgan an American multinational banking and financial services holding company on Tuesday said it would remove Nigeria from its Government Bond Index-Emerging Markets, GBI-EM, after the country ignored the bank’s earlier warnings of restoring liquidity to the foreign exchange market.