Nigeria Returns To FTSE Frontier Market Monday

Nigeria will formally return to the FTSE Russell Frontier Market classification tomorrow, September 21, 2026, ending a three-year absence from one of the world’s most tracked equity benchmarks for emerging and frontier economies.
The reclassification from ‘Unclassified’ to ‘Frontier Market’ will take effect on September 21, 2026.
Nigeria had exited the FTSE Russell Frontier universe in September 2023 after the index provider downgraded it to ‘Unclassified’ status. The decision at the time was driven by persistent concerns around foreign-exchange liquidity, difficulties in repatriating capital, settlement challenges and broader market accessibility for international investors.
FTSE R...