Nigeria Returns to FTSE Russell Frontier Market Status
Nigeria’s capital market has received a major boost after FTSE Russell confirmed the country’s return to Frontier Market status from September 21, 2026. The decision reverses Nigeria’s “Unclassified” status in 2023, which was linked to foreign exchange liquidity challenges, difficulties repatriating investment proceeds and concerns over market accessibility. FTSE Russell also reviewed Nigeria’s transition from T+2 to T+1 settlement and found no significant settlement, operational or funding challenges following consultations […]
Post comments (0)