18/09/2026
Nigeria is returning to FTSE Russell’s Frontier Market indices after a three-year absence.
The reclassification reflects improvements in FX liquidity, capital repatriation and overall market accessibility, making Nigerian equities more accessible through global investment benchmarks.
For international investors, this increases the visibility of Nigeria’s capital market and could support greater participation from funds tracking frontier-market indices.
The reclassification is an important step. Sustaining the improvements that made it possible will be what matters next.