...S&P Dow Jones places market on watchlist for Frontier status
The Nigerian stock market has rerouted into its explosive trajectory, surging to the forefront of global equity markets in dollar terms.
While frontier and emerging markets are notoriously volatile, Nigeria’s ability to outpace a heavy-hitting tech hub like South Korea in pure US dollar returns underscores a major renewal of investor confidence across the continent.
The benchmark index in Africa’s largest oil producer has returned 67 percent i
