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Independent Newspaper Nigeria·3 min read·medium

Nigerian Stocks Set For Global Revival After Key S&P Move

B
Bamidele Ogunwusi
Nigerian Stocks Set For Global Revival After Key S&P Move
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Nigeria's capital market has been placed on the S&P Dow Jones Indices 2027 Country Classification Watchlist for a potential upgrade to Frontier Market status. SEC officials view this as a validation of recent reforms and a critical step toward restoring global investor confidence.

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LAGOS – Director-General of the Securities and Ex­change Commission (SEC), Dr. Emomotimi Agama, has declared that Nigeria’s capital market has entered a decisive phase in its journey back to global prominence follow­ing the country’s placement on the S&P Dow Jones Indices (S&P DJI) 2027 Country Classification Watchlist for possible reclas­sification from a Standalone Market to a Frontier Market.

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