FTSE Russell announced that Nigeria will be restored to its Frontier Market classification from September 21, 2026, ending a three-year period in which the country was designated 'Unclassified.' The decision is expected to attract international investment. Additionally, Moody's Ratings upgraded Nigeria's outlook from 'stable' to 'positive', citing an improving external position and stronger-than-expected economic growth, while affirming the country's B3 long-term issuer ratings.
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