Cordros: FTSE Russell’s confirmation is a catalyst for Nigeria’s capital market

Analysts at Cordros Securities believe FTSE Russell’s reclassification of Nigeria to Frontier Market status is a catalyst for Nigerian market. They believe this will create a more durable channel for foreign portfolio inflows and price discovery, especially in large, liquid stocks. Looking ahead into September, they expect investors may prefer to preserve capital ahead of potential new listings and other primary-market opportunities. Tobiloba Onaderu, Senior Analyst at Cordros Securities joins CNBC Africa for more market movements.

Fri, 28 Aug 2026 15:55:58 GMT