<img src="https://cdn.businessday.ng/wp-content/uploads/2026/07/Untitled-design-2026-07-06T153321.101-large.png" alt="The flawed logic behind FTSE Russell’s decision on Nigeria" srcset="https://cdn.businessday.ng/wp-content/uploads/2026/07/Untitled-design-2026-07-06T153321.101-medium.png 300w, https://cdn.businessday.ng/wp-content/uploads/2026/07/Untitled-design-2026-07-06T153321.101-284x162.png 284w, https://cdn.businessday.ng/wp-content/uploads/2026/07/Untitled-design-2026-07-06T153321.101-254x145.png 254w, https://cdn.businessday.ng/wp-content/uploads/2026/07/Untitled-design-2026-07-06T153321.101-210x120.png 210w, https://cdn.businessday.ng/wp-content/uploads/2026/07/Untitled-design-2026-07-06T153321.101-100x57.png 100w, https://cdn.businessday.ng/wp-content/uploads/2026/07/Untitled-design-2026-07-06T153321.101-285x163.png 285w, https://cdn.businessday.ng/wp-content/uploads/2026/07/Untitled-design-2026-07-06T153321.101.png 700w" loading="lazy" sizes="(max-width: 700px) 100vw, 700px" class=" pl" /><p>…reinforces Nigeria capital market progress says NGX Group FTSE Russell has confirmed, in a market notice published on Thursday August</p>
<p>read more <a href="https://businessday.ng/markets/article/ftse-russell-reclassifies-nigeria-to-frontier-market-status/">FTSE Russell reclassifies Nigeria to Frontier Market status</a></p>