Post by Proshare (@Proshare)

FTSE Russell has halted Nigeria's return to Frontier Market status over the introduction of mandatory pre-funding under its new T+1 settlement cycle, but is that the right call?

In a sharp and timely opinion piece, Sola Oni argues it is not. Reforms designed to reduce settlement risk, strengthen market discipline, and improve investor confidence should not be grounds for withholding international recognition.

As Oni puts it, no developing economy should be forced to choose between sound regulation and global index inclusion. Nigeria has made its choice. FTSE Russell should reconsider.

https://proshare.co/articles/ftse-russell-t1-settlement-and-why-nigerias-capital-market-reform-should-not-be-penalised-by-sola-oni?menu=Market&classification=Read&category=Capital

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