J.P. Morgan Warns of Rising Risk in Nigerian Markets as Oil Prices Plunges

In a stark shift from its previous bullish stance, U.S. investment bank J.P. Morgan has issued strong advisory urging investors to unwind long positions in Nigerian Open Market Operation (OMO) bills and Treasury bills, citing escalating global risks that could exacerbate Nigeria’s macroeconomic vulnerabilities. In a research note dated April 9, 2025, titled “Frontier Local [...]The post J.P. Morgan Warns of Rising Risk in Nigerian Markets as Oil Prices Plunges appeared first on National Daily Newspaper.

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