Nigeria is poised to lose its frontier market status because of persistent foreign-exchange shortages in Africa’s largest economy, reports Bloomberg.
MSCI Inc. is considering downgrading the MSCI Nigeria indexes to standalone markets status from frontier market, the New York-based company said
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```