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FILE: President Bola Tinubu
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The return of Nigeria to FTSE Russell’s Frontier Market index is a significant indication that reforms under President Bola Tinubu have improved conditions for international investors, the City Boy Movement has said.
FTSE Russell is set to reclassify Nigeria from “Unclassified” to “Frontier Market” status on September 21, 2026, restoring the country to a category it left in September 2023 amid concerns over access to foreign exchange and the repatriation of investment capital.
