Nigeria’s capital market to adopt T+1 settlement cycle.

By Peter Egwuatu

The Securities and Exchange Commission (SEC), Central Securities Clearing System Plc (CSCS), Nigerian Exchange Group (NGX Group), and other key capital‑market stakeholders will hold an official ceremony on Monday, June 1 2026, to mark the market’s shift from a T+2 to a T+1 settlement cycle.

The move to T+1, effective from June 1, comes six months after the market transitioned from a T+3 to a T+2 cycle. It reflects an accelerated push toward greater efficiency, lower settlement risk, enhanced liquidity, and closer alignment with global best practices.

The event, scheduled for 3:00 p.m. at NGX Group House in Lagos, will be themed “T+1 and Beyond: Advancing Market Efficiency and Global Competitiveness.” It will bring together regulators, exchanges, market‑infrastructure institutions, capital‑market operators, institutional investors, trade associations, listed companies, and other participants across the ecosystem.

The ceremony will conclude with a Closing Gong Ceremony to formally acknowledge the market‑wide adoption of the T+1 regime, underscoring the collective commitment to innovation, operational efficiency, and the ongoing modernization of Nigeria’s capital‑market infrastructure.

The post Nigerian capital market to commemorate transition to T+1 settlement cycle appeared first on Vanguard News.