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SEC mandates T+2 settlement cycle for equities by November – Businessamlive

Summary by Businessamlive
Onome Amuge Agama, SEC DG The Securities and Exchange Commission (SEC) has set a  deadline of November 28, 2025, for all capital market participants to upgrade their systems and processes in preparation for the transition to a T+2 settlement cycle for equities transactions. This move, detailed in a circular dated June 3, 2025, aims to align Nigeria’s capital market with international standards and enhance efficiency. The directive follows a comp…
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Businessamlive broke the news in on Sunday, June 8, 2025.
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