FTSE upgrade sparks N1.36trn stock investors windfall in 72 hours 

    Iheanyi Nwachukwu | Editor’s picks | Apr 13, 2026    
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The Nigerian equities market has turbocharged, adding N1.36 trillion to its market capitalisation within just 72 hours. This rally was ignited by FTSE Russell’s decision to upgrade Nigeria from "Unclassified" back to "Frontier Market" status, a move that effectively restored the nation’s standing on the global investment map within a three-day window following the announcement. This move triggered a "buy" signal for both local and foreign institutional investors.

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