Nigeria, Sept. 14 -- J.P. Morgan, a leading global financial services firm, has readmitted Federal Government of Nigeria bonds in its newly created global bond index for emerging markets, a development expected to attract about $17.5 billion into Nigeria's debt market.

This was disclosed by Nigeria's Finance Minister, Taiwo Oyedele, while delivering his remarks at the signing ceremony of the NBET Finance Company Series 2 Bond in Abuja on Monday.

The Minister described the development as significant for the country's capital market.

According to the Minister, J.P. Morgan's indices are among the most widely tracked by global investors, making Nigeria's return to the index potentially significant for investment flows into the country.

"W...