S&P Dow Jones Indices has placed Nigeria on its 2027 watchlist for a potential Frontier Market upgrade, signalling confidence in reforms despite FTSE Russell’s recent decision to delay the country’s reclassification

When FTSE Russell announced its proposal to reclassify Nigeria from “Unclassified” to “Frontier Market” status, effective 21 September...

The Chartered Institute of Stockbrokers (CIS) says FTSE Russell's deferral of Nigeria's reclassification is a temporary review, not a setback for capital m