“JPMorgan Chase & Co. extended a deadline to decide whether to remove Nigeria from its emerging market bond indexes tracked by more than $200 billion of funds, as a new government in Africa’s biggest economy settles in,” Bloomberg reports. Back in January this year, JPMorgan said it would assess Nigeria’s suitability to remain in a … Continue reading
“The African Development Bank (AfDB) announced on Thursday it collaborated with Bloomberg on the Launch of AFMISM Bloomberg an African Bond Index, through the African Financial Markets Initiative (AFMI)“, ZAWYA reported last Saturday. The new Bloomberg composite index is comprised of the following Bloomberg country specific local currency sovereign indices: South Africa Egypt Nigeria Kenya … Continue reading