FTSE Russell

Business

Nigeria Rejoins FTSE Russell Frontier Market as 10 Stocks Gain Eligibility

Ogochukwu Onwaeze, THEWILL -
The development was contained in FTSE Russell’s September Index Review, following the index provider’s decision to restore Nigeria’s market classification after three years as an “Unclassified Market”.
Business

FTSE Russell Confirms Nigeria’s Return To Frontier Market Status From September 21

Ogochukwu Onwaeze, THEWILL -
The confirmation, contained in a market notice published on Thursday, August 27, formally clears the uncertainty that had surrounded Nigeria’s return to the Frontier Market universe after the transition was placed under further review in June.
Business

FTSE Russell Set to Proceed With Nigeria’s Frontier Market Reclassification

Ogochukwu Onwaeze, THEWILL -
The decision is expected to be formally announced later this week, potentially clearing the uncertainty that emerged after FTSE Russell placed Nigeria’s planned reclassification under further review in June.
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BusinessOgochukwu Onwaeze, THEWILL -

PETROAN Urges FG to Revive Idle Refineries as Fuel Prices Rise

Joseph Obele, National Public Relations Officer of PETROAN, made the call in a statement on Thursday, arguing that increased domestic refining would strengthen supply and reduce Nigeria’s dependence on imported petroleum products.
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