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FTSE Russell reclassification, opportunity to deepen Nigeria’s market — NGX Group CEO
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, Temi Popoola, Group Managing Director/Chief Executive Officer of NGX Group, has said.
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premiumtimesng.com
FTSE Russell to reclassify Nigeria into Frontier Market status
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."
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riotimesonline.com
Nigeria Is Back in the FTSE Frontier Index, Three Years On
Nigeria frontier market status returns on 21 September after FTSE Russell cleared the settlement cycle, three years after the country was removed.
