Our reporter/ The recent estimate of Nigeria’s foreign exchange (FX) reserves by JP Morgan was presented “out of context”, the Central Bank of Nigeria has said. The apex bank’s director…
Read More JP Morgan’s estimate of Nigeria’s net FX reserves ‘misleading’, says CBNTag: #JP Morgan
Report: JP Morgan predicts rise in headline inflation, depreciation of the Naira in coming months
JP Morgan, an American multinational financial services firm, estimates that headline inflation will still remain elevated, particularly due to higher food costs in the coming months. The firm also predicted…
Read More Report: JP Morgan predicts rise in headline inflation, depreciation of the Naira in coming months
