Commenting on the development, Temi Popoola, Group Managing Director/Chief Executive Officer, NGX Group, said, “This is an important moment for Nigeria’s capital market."

FTSE Russell has confirmed, in a market notice published on Thursday, that Nigeria’s reclassification from Unclassified to Frontier Market status will proceed effective from the…

FTSE Russell may reclassify Nigeria back to "Frontier Market" status. The likelihood of this reclassification of the national capital market…