BusinessDay
Iheanyi Nwachukwu
June 1, 2026
The Nigerian capital market on Monday achieved a historic milestone with the successful transition to a T+1 settlement cycle, becoming the first market in Africa to implement the shortened settlement framework designed to enhance efficiency, reduce risk, and improve global competitiveness.
Speaking at the T+1 Settlement Cycle Transition Ceremony in Lagos, Emomotimi Agama, director general, Securities and Exchange Commission (SEC) described the development as a defining moment in the market’s evolution.
