Following its restoration to the FTSE Frontier Market index, the Securities and Exchange Commission is now actively seeking to regain inclusion in MSCI and JPMorgan global benchmarks. This move aims to further attract foreign capital, leveraging improved liquidity and currency reforms. The SEC Director-General, Emomotimi Agama, cited current market growth as a strong foundation for these efforts. Nigeria’s previous exclusions were largely due to persistent foreign-exchange shortages and capital repatriation difficulties, which have since been addressed by recent Central Bank policy overhauls and a significant rise in external reserves to $54 billion.