Nigeria rejoins J.P. Morgan bond index, seen drawing $17.5bn inflows

Nigeria has been re-included in J.P. Morgan's global bond index after an 11-year absence, a move expected to attract roughly $17.5 billion in foreign investment into its debt market and potentially lower yields by up to 200 basis points. The re-inclusion signals improved investor confidence in Nigeria's macroeconomic reforms, though actual inflows depend on global risk appetite and domestic liquidity conditions.