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Nigerian Capital Market Adopts T+2 Settlement Timeline to Boost Efficiency

Business1 min read
Nigerian Capital Market Adopts T+2 Settlement Timeline to Boost Efficiency

The Nigerian capital market stakeholders have welcomed the commencement of the T+2 settlement timeline on November 28, 2025. This new settlement cycle reduces the transaction completion time from three business days to two, aligning Nigeria's market with global best practices.

The move is expected to enhance efficiency, reduce risks, and improve liquidity in the market. Notable figures like Haruna Jalo Waziri and Temi Popoola have highlighted the importance of technological investments to ensure readiness for the T+2 system.

Various organizations like CSC, SEC, and NGX Group PLC have collaborated to facilitate this transition.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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