JP Morgan Government Bond Index-Emerging Markets (GBI-EM) News

The Naira weakened 20% to a record low of 206.32 per dollar in the year through Feb. 12

JPMorgan to remove Nigeria from emerging market bond indexes

JPMorgan Chase & Co. has excluded Nigeria from its local-currency emerging market bond indexes tracked by more than $200 billion of funds, after restrictions on foreign-exchange transactions prompted investor concerns about a shortage of liquidity.

Goodluck Jonathan

President Goodluck Ebele Jonathan ("GEJ") of Nigeria is clueless, incompetent, and callous: 35 reasons why this is a big lie

The Economist magazine recently published an article on Nigeria in which it described the government of President Goodluck Ebele Jonathan (“GEJ”) as “A clueless government”.