Global X MSCI Nigeria ETF (NGE) is an exchange-traded fund that seeks to track the performance of the MSCI All Nigeria Select 25/50 Index by investing in growth and value stocks of Nigerian companies across diversified sectors and market capitalizations using a full replication technique; it focuses on public equity markets in Nigeria, including securities and American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs) based on the underlying index; the fund provides exposure to Nigeria's broad equity universe while adhering to minimum constituent requirements and is non-diversified. Launched on April 2, 2013, and managed by Global X Management Company LLC, headquartered in New York, United States, the ETF targets investors seeking frontier market access in Africa, particularly Nigeria's oil-dependent economy operating within the emerging markets equity segment. In a significant operational change announced on June 22, 2023, Global X ETFs liquidated the NGE fund on or around July 28, 2023, following a Board of Trustees determination that it was in the best interests of shareholders given its small asset base of less than 1% of Global X's total assets; shareholders received cash distributions equal to net asset value, with the adviser covering most liquidation costs except brokerage fees; despite the closure, limited trading activity and quotes for NGE persist on certain platforms as of late 2025.