Nigeria Reclassified as Frontier Market by FTSE Russell, Ending Three-Year Exclusion
Nigeria’s capital market has been reclassified as a “Frontier Market” by global index provider FTSE Russell, marking the country’s return to the frontier market universe after nearly three years on the sidelines, the Federal Ministry of Finance announced. The upgrade takes effect from the start of trading on Monday, 21 September 2026, moving Nigeria out…
