August 28, 2026
Minister of Finance and Coordinating Minister for the Economy, Taiwo Oyedele
By Emma Ujah, Abuja Bureau Chief
Global index provider, FTSE Russell, has reclassified Nigeria’s capital market from “Unclassified” to “Frontier Market” status, effective from the opening of trading on September 21, 2026.
The development was welcomed by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, who described it as a major endorsement of the Federal Government’s economic reform programme and a strong signal of renewed investor confidence.
