NNPC’s non remittance to federation account: JPMorgan delists Nigeria from emerging market sovereign list 

JPMorgan has removed Nigeria from its list of emerging market sovereign recommendations that investors should be ‘overweight’ in, saying Nigeria had not taken advantage of high oil prices, while adding Serbia and Uzbekistan.  The analysts said Nigeria’s national oil company NNPC did not transfer any revenue to the government from January to March this year, due to petrol subsidies and Read More

The post NNPC’s non remittance to federation account: JPMorgan delists Nigeria from emerging market sovereign list  first appeared on Blueprint Newspapers Limited.

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