{
  "id": 5485432,
  "title": "FTSE Russell Lists First HoldCo, Dangote Cement, MTN Nigeria, Zenith, GTCO, Others in Frontier Index Series",
  "url": "https://urgent.news/2026/09/04/ftse-russell-lists-first-holdco-dangote-cement-mtn-nigeria-zenith",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T03:57:34.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/09/04/ftse-russell-lists-first-holdco-dangote-cement-mtn-nigeria-zenith-gtco-others-in-frontier-index-series/"
  },
  "original_language": "en",
  "account": null,
  "summary": "FTSE Russell has added 10 Nigerian companies to its FTSE Frontier Index Series, marking the country's return to Frontier Market status after a three-year absence. The companies, valued at a combined N67.14 trillion, include Dangote Cement, MTN Nigeria Communications, and First Holdco. This reclassification follows significant improvements in Nigeria's foreign exchange liquidity, capital repatriation, and market accessibility. The FTSE Frontier Index Series provides benchmarks for large, mid, and small cap companies across eligible Frontier markets, serving as a performance benchmark for investors and a basis for index tracking products.",
  "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."
}