June 8, 2026
… urges brokers to strengthen liquidity management
By Peter Egwuatu
The Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), Sehinde Adenagbe, has described the newly introduced T+1 settlement cycle by CSCS PLC as a transformative development for Nigeria’s capital market, noting that it will enhance market efficiency, reduce settlement risks, and boost investor confidence.
Speaking on the implications of the new settlement framework, Adenagbe said the transition to T+1 settlement marks a significant milestone in the evolution of Nigeria’s securities market and will require stockbroking firms to adapt quickly to a faster settlement environment.
