Nigerian Dissenters Win JPMorgan Support to Ease Naira Rules

Updated on
  • Pressure builds on Emefiele to scrap foreign-exchange rules
  • Bonds of largest African economy to leave index by end-October

The voices urging Central Bank of Nigeria Governor Godwin Emefiele to scrap restrictions on foreign-exchange trading and allow the local currency to devalue have just won support from JPMorgan Chase & Co.

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