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 to T+2 settlement cycle, reflecting the market’s accelerated drive toward greater efficiency, reduced settlement risk, enhanced liquidity, and stronger alignment with global best practices.
The move to a shorter settlement cycle represents another milestone in the ongoing efforts by regulators, exchanges, clearing and settlement institutions, and other stakeholders to deepen the capital market, strengthen investor confidence, and enhance the overall investor experience. Related News Underfunding the Freedom of Information budget undermines Nigerians’ access to information When employers ignore the contract Nigeria’s electric vehicle market: Opportunity or expensive experiment?
Scheduled to hold at 3:00 p.m. at NGX Group House, Lagos, the event is themed, “T+1 and Beyond: Advancing Market Efficiency and Global Competitiveness.” It will convene regulators, exchanges, market infrastructure institutions, capital market operators, institutional investors, trade associations, listed companies, and other stakeholders across the capital market ecosystem.
