FTSE Russell names 31 Nigerian stocks for frontier index

BusinessDay | 04-09-2026 05:54am |

FTSE Russell has confirmed 31 Nigerian stocks as eligible for its Frontier Market index, ahead of Nigeria's return to Frontier Market status on September 21, 2026. This move is expected to boost foreign investment in Nigerian equities, as index-tracking funds will likely increase their holdings in these companies. The inclusion reflects improved market accessibility and liquidity in Nigeria's stock exchange.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.