Nigerian Exchange Group has extended equities trading hours following FTSE Russell's decision to include Nigerian stocks in its frontier-markets benchmark. This move positions Nigeria among emerging economies eligible for global investment flows, enhancing market visibility. The exchange cited increased investor interest and regulatory alignment as drivers for the expansion. Trading hours will lengthen by two hours daily, extending sessions from 9:00 AM to 5:00 PM local time.

The adjustment aims to boost liquidity and attract institutional capital by aligning with international benchmarks. Analysts suggest this could elevate trading volumes, particularly in sectors like energy and telecommunications. FTSE Russell’s inclusion criteria prioritize markets with growing economic infrastructure, a category Nigeria now meets.

Regulatory reforms, including stricter corporate governance standards, underpin the exchange’s readiness for the benchmark. Officials emphasize that compliance with global transparency norms will stimulate foreign direct investment and reduce capital flight.

Market participants anticipate heightened volatility as international funds enter Nigeria’s $1 trillion economy. While risks like political instability persist, the expansion signals confidence in long-term stability. Investors should monitor sectoral shifts and policy developments shaping this strategic pivot.