The FTSE Russell Index Governance Board has approved the addition of Nigeria to the FTSE Watch List for possible reclassification from Unclassified to Frontier market status.
This decision follows the recommendations received from the FTSE Equity Country Classification Advisory Committee and the FTSE Russell Policy Advisory Board for the 2025 review.
The committee and advisory board confirmed from market participants that the previous reported delays in the ability to repatriate capital from Nigeria and associated foreign exchange (FX) qu
