May 20, 2026
By Peter Egwuatu
The Securities and Exchange Commission, SEC has announced the transition to a T+1 settlement cycle for equities and commodities transactions with effect from Monday June 1, 2926.
The Commission in a notice, outlined a comprehensive framework that all capital market operators and relevant stakeholders are encouraged to adopt in preparation for this significant change.
The Commission stated that the migration to a T+1 settlement cycle forms part of the commission’s ongoing market modernization initiatives aimed at enhancing market efficiency, strengthening risk management, reducing counterparty exposure, improving liquidity, and aligning the Nigerian capital market with international standards and global best practices.
