Nigerian Stocks Gain 2.36% As FTSE Return Drives Buying

Investors gain N3.7trn ahead of Nigeria’s climb to frontier status

By Peter Egwuatu The Nigerian stock market closed last week on a positive note, as investors on the Nigerian Exchange Limited, NGX, gained N3.73 trillion. This comes ahead of the transition of the Nigerian market from unclassified to frontier market later this month. Market details last week showed that gains in MTN Nigeria by 5.0%, […]

Nigerian Stocks Gain 2.36% As FTSE Return Drives Buying

Nigerian stocks rose for a second week as investors increased positions ahead of the country's return to FTSE Russell's Frontier Market classification. The NGX All-Share Index gained 2.36% to 246,992.44 points in the week ended September 4, from 241,298.47 a week earlier. Market capitalisation increased by about ₦3.72 trillion to ₦159.54 trillion, while the index's 2026 return reached 58.72%.

Nigeria Regains Global Investor Spotlight

By Ruth Odutayo Nigeria is set to return to FTSE Russell’s Frontier Market universe on September 21, with 31 Nigerian stocks identified as eligible constituents of its Frontier Index Series. The development follows FTSE Russell’s September 2026 review, which classified the equities across large-, mid- and small-cap categories. The companies cut across major sectors including […] The post Nigeria Regains Global Investor Spotlight first appeared o…

Nigerian Stocks Rise Second Week Ahead of FTSE Russell Return

Nigerian equities extended gains for a second consecutive week as investors built positions ahead of the country's reclassification to FTSE Russell's Frontie...