Nigeria Returns to FTSE Frontier 50 with Six Listed Firms

Nigeria's FTSE Frontier 50 representation has been confirmed at six firms — FirstHoldCo, Zenith Bank, GTCO, Dangote Cement, Aradel, and MTN — reopening a channel for passive foreign capital flows into Nigerian equities. The confirmation extends the index-inclusion narrative established by FirstHoldCo's individual listing reported on September 8. Nigeria is simultaneously targeting re-inclusion in the MSCI and JPMorgan indices as part of a broader capital market credibility drive.