FTSE

Nigeria’s equities market returned to FTSE Russell’s Frontier Market classification on Monday, September 21, bringing eligible Nigerian stocks back into the FTSE Frontier Index Series.

Six Nigerian companies have been added to the FTSE Frontier 50 Index following the latest semi-annual review by the global index provider, FTSE Russell, marking a significant step in Nigeria’s return to the global frontier-market benchmark.

SAM DIALA x-rays Nigeria’s reclassification to a frontier market status by FTSE Russell and argues that the feat does not translate to productive economic transformation.

June 30 (THEWILL) — Global index provider FTSE Russell has placed Nigeria's planned reclassification to Frontier Market status under further review, citing concerns over the country's recent transition to a T+1 securities settlement cycle. The decision, announced on Tuesday, delays...

May 22, (THEWILL) — Nigeria’s planned return to the FTSE Russell Index by September 2026 is expected to attract fresh foreign portfolio investments into the country’s equities market, according to the Group Chief Executive Officer of Griffin Capital Group,...

September 11, (THEWILL) – The Financial Times Stock Exchange (FTSE), also known as FTSE Russell Group, has announced the downgrading and reclassification of Nigeria’s Exchange from Frontline to Unclassified Market with effect from Monday September 18, 2023. In an...