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FTSE Russell Delays Nigeria’s Return to Frontier Market Index Over T+1 Settlement Concerns

Ogochukwu Onwaeze, THEWILL -
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...
Business

Griffin Capital CEO Links Nigeria’s FTSE Russell Reclassification To Potential Investment Surge

Ogochukwu Onwaeze, THEWILL -
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,...
Business

FTSE Russell Downgrades Nigeria to Unclassified Market Status

Sam Diala, THEWILL -
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...
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NewsFelix Ifijeh, THEWILL -

Niger Mass Abduction: Tinubu Orders Joint Military, Police Manhunt

The President's directive came after gunmen reportedly invaded several communities in the remote Borgu area of the state on Friday, August 21, killing residents, attacking worshippers and taking an unspecified number of people into nearby forests.
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