Meristem Securities Limited
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FTSE re-entry triggers foreign demand for Nigerian equities
Following extensive structural reforms by the Central Bank of Nigeria to clear verified foreign-exchange backlogs, stabilise the naira and enhance market infrastructure, including the migration to a T+1 settlement cycle in June, FTSE Russell confirmed that Nigeria satisfied all five quality-of-markets criteria, paving the way for its official readmission.
Punch1 source1 min read
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