MSCI Inc. and The Nigerian Stock Exchange announced a strategic co-operation agreement to develop and market a co-branded family of indexes for the Nigerian equity markets. Existing and future indexes will be co-branded as the MSCI/NSE Indexes, including the NSE 30 Index and NSE 50 Index, which will become the MSCI/NSE 30 Index and the MSCI/NSE 50 Index, respectively. Additional indexes will also be jointly developed and launched in the future based on client demand and market development.

The indexes will be used as performance benchmarks and as the basis for index-linked products for investors seeking exposure to the Nigerian capital markets.