BREAKING: FTSE Russell halts Nigeria’s Frontier Market upgrade over T+1 shift

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BREAKING: FTSE Russell halts Nigeria’s Frontier Market upgrade over T+1 shift

AI Summary

Global index provider FTSE Russell has paused Nigeria's upgrade to a Frontier Market status due to Nigeria's change to a T+1 settlement cycle. The reclassification is now under further review pending the resolution of issues caused by this operational shift.

Global index provider FTSE Russell has placed its planned reclassification of Nigeria back to Frontier Market status under "further review." The post BREAKING: FTSE Russell halts Nigeria’s Frontier Market upgrade over T+1 shift appeared first on Nairametrics.

World Politics Markets FTSE Russell Nigeria frontier market market upgrade T+1 settlement financial markets

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