The confirmation of Nigeria’s return to FTSE Russell’s Frontier Market universe creates an opportunity to deepen the country’s capital market, broaden international participation and mobilise more long-term capital for Nigerian businesses, Group Managing Director/Chief Executive Officer of NGX Group, Temi Popoola, has said.

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…