Nigerian capital market to commemorate transition to T+1 settlement cycle

Nigerian capital market to commemorate transition to T+1 settlement cycle

By Peter Egwuatu   The Securities and Exchange Commission (SEC), Central Securities Clearing System Plc (CSCS), Nigerian Exchange Group (NGX Group), and other key capital market stakeholders will on Monday, June 1, 2026, host an official ceremony to commemorate the Nigerian capital market’s transition from a T+2 to a T+1 settlement cycle. The transition to T+1, which takes effect from June 1, comes six months after the market migrated from a T+3…

NGX set to migrate to T+1 settlement cycle, boosts investors’ confidence

By Bamidele Famoofo WorldStage– Less than one year after the Nigerian Exchange Limited ( NGX) transitioned to the T+2 settlement cycle for shares bought or sold, the leading stock market in Africa in terms of return on investment, has completed plans to further reduce the cycle by one day. T+2 became operational on November 28, 2025, after the Securities & Exchanges Commission (SEC) approved for Nigeria’s capital market to transition from the fo…

Nigerian capital market moves to T+1 settlement

The SEC said the transition forms part of wider efforts to strengthen market competitiveness

Nigeria Capital Market Adopts Faster Settlement Cycle

Nigeria’s capital market will officially move to a T+1 settlement cycle from June 1 as regulators push for greater market efficiency. The Securities and Exchange Commission (SEC), Central Securities Clearing System Plc (CSCS) and Nigerian Exchange Group (NGX Group) will lead a special ceremony on Monday, June 1, 2026, to mark the Nigerian capital market’s transition to the T+1 settlement cycle. The new settlement structure takes effect on the sa…

Nigerian capital market set to transition to T+1 settlement cycle on June 1, 2026

The Nigerian capital market is set to transition to a T + 1 Settlement Cycle effective Monday, 1st June 2026, marking another significant milestone in the continued modernization of Nigeria’s post-trade infrastructure and market operations. The transition, approved by the Securities and Exchange Commission (SEC) and being coordinated by the Central Securities Clearing System Plc […] The post Nigerian capital market set to transition to T+1 settl…