{
  "id": 3731966,
  "title": "FTSE Russell reclassification: Expert reveals what Nigeria must do to attract foreign investors",
  "url": "https://urgent.news/2026/08/27/ftse-russell-reclassification-expert-reveals-what-nigeria-must-do-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T11:45:24.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/08/27/ftse-russell-reclassification-expert-reveals-what-nigeria-must-do-to-attract-foreign-investors/"
  },
  "original_language": "en",
  "account": "Financial expert Professor Godwin Oyedokun has commented on FTSE Russell's decision to potentially reclassify Nigeria as a Frontier Market. Oyedokun, a professor of accounting, advised Nigeria against seeking reclassification from international index providers. This comes after FTSE Russell paused its decision to reclassify Nigeria as a Frontier Market in June 2026 due to concerns about the country's capital market moving from a T+2 to T+1 settlement cycle. The recent review has sparked a range of reactions from experts, with Oyedokun stating that Nigeria should focus on improving its investment climate to make a better classification more likely. He sees the proposed reclassification as a positive step and a wake-up call to international investors who want easy access to the Nigerian market, confidence in their investments, and secure repatriation of funds. Oyedokun argues that Nigeria needs to address issues like market liquidity, transparent regulation, predictable policies, efficient settlement systems, and stronger investor protection. He emphasizes that the real goal is not the FTSE label, but restoring and maintaining investors' confidence in Nigeria.",
  "summary": "Financial analyst and Professor of Accounting, Godwin Oyedokun, has reacted to plans by global index provider, FTSE Russell, to reclassify Nigeria as a Frontier Market. Oyedokun, in an interview with DAILY POST on Thursday, said Nigeria should not lobby international index providers for reclassification. This comes amid reports that FTSE Russell is set to reclassify […] FTSE Russell…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}