Nigeria ETF Wilts Amid Surge in Violence

It is not just NGE that will be crimped if tensions do not abate in Nigeria. Nigeria’s weight in MSCI frontier indices could approach 21% later this year when the index provider moves Qatar and the United Arab Emirates to emerging markets status, meaning the African nation will likely be the second-largest country weight in FM behind Kuwait. [Frontier Markets ETFs Keep Winning]

Global X Nigeria Index ETF