CSCS to Launch T+2 Settlement Cycle in Nigeria, Boosting Market Efficiency

CSCS Plc is gearing up to introduce a T+2 settlement cycle in Nigeria on November 28, 2025, marking a significant milestone for the country's capital market. The initiative, aimed at reducing settlement risks and improving liquidity, has received support from the Securities and Exchange Commission (SEC) and various trade associations.

The company has invested significantly in technology infrastructure to ensure operational readiness for the transition. Stakeholders, including CSCS Managing Director Haruna Jalo Waziri and other industry leaders, emphasized the importance of this development in enhancing Nigeria's competitiveness in the global financial landscape.