Nigeria, Africa’s most populous nation, will rejoin the FTSE Russell Frontier Market index on September 21, according to FTSE Russell. The move follows a revision by Moody’s, which has updated its credit ratings for the country. The decision comes amid ongoing economic reforms and efforts to stabilize the nation’s financial markets. Analysts suggest the reintegration could boost investor confidence and attract more foreign capital. Nigeria’s economy has faced challenges in recent years, including inflation and currency fluctuations. The updated ratings from Moody’s reflect improved economic indicators and policy stability. Investors are closely watching the development as it may signal a positive shift in Nigeria’s financial outlook. The rejoining of the index is expected to enhance Nigeria’s visibility in global markets.