Nigeria’s Stock Market Starts Faster T+1 Settlement Cycle

The Nigerian stock market began a faster T+1 settlement cycle on 1 June 2026.

In May, the Securities and Exchange Commission (SEC) had announced that the country’s capital market would transition to this new settlement schedule.

Under the new system, if an investor buys or sells a security on Monday, 1 June 2026, the transaction will settle within 24 hours.

The change is expected to speed up settlements for investors and improve overall transaction efficiency for the Nigerian Exchange Group (NGX).

NGX described the rollout as a major milestone for Nigeria’s capital market.

“The transition to T+1 settlement is now live, delivering faster settlement, improved liquidity, reduced risk, and a more efficient market experience for all participants. A faster market cycle starts today (Monday, 1 June 2026),” NGX Group wrote on X.