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Bank Of America? - Politics - Nairaland

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Bank Of America? by AgentKB: 9:11pm On Jul 11, 2023
I found something quite disturbing and I feel it's worth sharing. Perhaps I'll get someone to help me get a hang of it

About 8 days ago, the news of Bank of America's delegates to Nigeria made headlines: at least on Google. With the news, I "personally" thought we're finally getting a few things right.

The part where their analysts said Nigeria naira is undervalued got me quite exited. It even raised my hopes that we might see some better days in the coming year.

But, today's news seems quite disturbing. Can these people be trusted? And why is Nigerian government forming alliance with a group of people with questionable integrity and desperate business moves?

Re: Bank Of America? by Hamill: 1:57pm On Jul 12, 2023
AgentKB:
I found something quite disturbing and I feel it's worth sharing. Perhaps I'll get someone to help me get a hang of it

About 8 days ago, the news of Bank of America's delegates to Nigeria made headlines: at least on Google. With the news, I "personally" thought we're finally getting a few things right.

The part where their analysts said Nigeria naira is undervalued got me quite exited. It even raised my hopes that we might see some better days in the coming year.

But, today's news seems quite disturbing. Can these people be trusted? And why is Nigerian government forming alliance with a group of people with questionable integrity and desperate business moves?

Their submission on Naira was merely analysis, they are mere analysts doing their job and Bank of America is an investment bank going about its interest. Don't take them too serious. Goldman Sachs may come tomorrow to issue its own analysis and partnership proposition, no big deal.

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