FTSE Frontier return puts Nigerian banks, MTN, Nestle in line for fresh inflows

NAIRAMETRICS | 28-08-2026 09:17am |

FTSE Russell has confirmed that Nigeria will be reclassified as a Frontier Market effective September 21, 2026. This development is expected to attract fresh inflows into Nigerian banks, MTN, Nestle, and other listed companies. The reclassification is seen as a significant boost for the Nigerian Exchange, with both structural and market-based implications.

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