Nigeria's Stock Market Surpasses South Korea's Kospi as Best-Performing Index Year-to-Date, Up 68% in USD

According to Bloomberg, Nigeria's benchmark stock index has become the world's best-performing market in 2026, surpassing South Korea's Kospi with year-to-date gains of 68% in USD terms, compared to Kospi's 66% rise. Financial services companies led Nigeria's gains, while the naira appreciated 4% since January. Standard & Poor's is considering upgrading Nigeria to frontier-market status, which could further attract international investors.
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