Six Nigerian companies have been included in the FTSE Frontier 50 Index following the latest review by global index provider, FTSE Russell.

The companies are First HoldCo, Guaranty Trust Holding Company (GTCO), Zenith Bank, MTN Nigeria Communications, Dangote Cement and Aradel Holdings.

The inclusion places the six Nigerian firms among companies tracked by the FTSE Frontier 50 Index, which provides investors with exposure to leading companies across frontier markets.

The development is expected to further increase the visibility of the Nigerian companies among international investors and strengthen their profile within global capital markets.

The latest review also highlights the growing presence of Nigerian-listed companies in international market indices, amid efforts to deepen the country’s capital market and attract foreign investment.