Africa: FTSE Reclassification Lifts Ngx Asi By 45.05 Percent Ytd, Ranked Top 2 in Africa

Africa: FTSE Reclassification Lifts Ngx Asi By 45.05 Percent Ytd, Ranked Top 2 in Africa

The Nigerian Exchange Limited (NGX) has emerged the second best performing bourse in Africa buoyed by the recent FTSE Russell reclassification of Nigeria from unclassified to Frontier market status. As of April 24, 2026, the major market indicator of Nigeria’s stock market, NGX All-Share has appreciated by 45.05 per cent in its Year-till-Date (YtD) growth,…

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