Nigeria's FPI seen falling after JP Morgan downgrade

Nigeria’s FPI seen falling after JP Morgan downgrade

FPI flow year-to-date is healthy, but will the party come to Nigeria?

Data shows that 2021 has opened well for the emerging markets EM universe in terms of foreign portfolio investment FPI flows.

Foreign portfolio investors are likely to move their funds out of Nigerian fixed income markets as a result of the country's downgrade on the JP Morgan index. Nigeria was removed from the overweight category on the JP Morgan index, seven years after it was also kicked out of the American bank's G

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