FTSE Russell Admits Dangote Cement, MTN Nigeria, First HoldCo, Others to Frontier Index Series

FTSE Russell adds 10 Nigerian firms to index

FTSE Russell has added 10 Nigerian firms, including Dangote Cement and MTN Nigeria, to its Frontier Index Series, marking Nigeria’s re-entry into global Fr Read More: https://punchng.com/ftse-russell-adds-10-nigerian-firms-to-index/

FTSE Russell admits Dangote Cement, MTN Nigeria, First HoldCo, others to Frontier Index Series

Quoting the companies in the Frontier Index Series provides them with broader visibility among international investors than their primary listing on the Nigerian Exchange in Lagos.

GTCO, Zenith, First Holdco, Aradel, MTNN, Dangote Cement, others make FTSE Russell eligible stocks for Frontier Index Series

In line with its plans for Nigeria’s return to Frontier Market status on September 21, FTSE Russell has confirmed the read more GTCO, Zenith, First Holdco, Aradel, MTNN, Dangote Cement, others make FTSE Russell eligible stocks for Frontier Index Series

BrandEconomy » BRAND REPORT » Dangote Cement, MTN, First HoldCo and Zenith Lead Nigeria’s FTSE Comeback

FTSE Russell has selected ten Nigerian large-cap companies ahead of the country’s September 21 return to Frontier Market status. The move restores international visibility, but sustainable capital will depend on liquidity, governance, currency stability and frictionless repatriation.

Dangote, Nestlé and First HoldCo Join FTSE Frontier Index

FTSE Russell has named 10 Nigerian stocks, including Dangote Cement and Nestlé Nigeria, as eligible for its frontier index, likely increasing passive investment flows into the NGX.

Dangote Cement, First HoldCo, MTN, Zenith make FTSE Frontier Index

The process toward reclassification began in October 2025, when FTSE Russell placed Nigeria on its Watch List for potential reclassification following improvements in foreign exchange liquidity, capital repatriation and market accessibility.