J .P. Morgan has included Nigeria in its newly introduced Government Bond Index– Emerging Markets Edge (GBIEM Edge), assigning the country a 7.4% weighting in the benchmark designed to track local-currency government debt across frontier emerging markets.
This is according to J.P. Morgan’s Global Index Research report dated September 14, 2026.
The inclusion puts Nigerian naira-denominated government bonds back into a J.P. Morgan emerging-market benchmark more than a decade after the country was removed from the bank’s flagship government bond index in 2015.



