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FTSE Russell restores Nigeria’s frontier market status, reflecting NGX market infrastructure gain

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FTSE Russell restores Nigeria’s frontier market status, reflecting NGX market infrastructure gain

13 Apr, 2026

Nigeria has been restored to Frontier Market status by FTSE Russell, marking a significant milestone in the country’s reintegration into global investment indices and signalling renewed opportunity for international investors. The reclassification, from “Unclassified” to “Frontier Market,” was approved by the FTSE Russell Index Governance Board following recommendations from its Equity Country Classification Advisory Committee and Policy Advisory Board........................ READ MORE