Post by Proshare (@Proshare)
Nigeria's deferred return to FTSE Russell Frontier Market status is a temporary review, not a rejection of its capital market reforms. That is the clear message from the Chartered Institute of Stockbrokers, which confirms that Nigeria's landmark T+1 settlement cycle, the first in Africa, has not altered its Delivery versus Payment model.
Read more: https://proshare.co/articles/cis-clarifies-ftse-russells-concerns-explains-nigerias-t1-settlement-cycle-review-as-a-deferral-not-a-denial?menu=Market&classification=Read&category=Capital%20Market
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