NIGERIA IN BRIEF: FTSE frontier upgrade effect, Telco looting and other stories.

Businessday | 10-04-2026 10:20am |

FTSE frontier upgrade ignites Seplat, GTCO, Zenith rally The Nigerian equities market is extending its historic rally, driven by renewed foreign investor appetite following the FTSE Russell reclassification and supportive domestic policy reforms. The benchmark index of the Nigerian Exchange (NGX) rose by 0.28 percent on Wednesday, with market heavyweights including Seplat Energy, Guaranty Trust

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