Femi Otedola has commented on the inclusion of FBN Holdings (FirstHoldCo) in the FTSE Frontier 50 Index. According to a market disclosure issued by FTSE Russell on 4 September, the company is among those selected for addition to the index, with the change scheduled to take effect on 21 September.
The FTSE Frontier 50 Index tracks the performance of the largest and most liquid companies within frontier markets. The inclusion of FirstHoldCo marks a significant development for the financial institution's international market profile.
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