MON OCT 20 2025-theGBJournal| The Securities and Exchange Commission(SEC) recently announced an update that will make the trading process in the Nigeria Capital Market faster and more efficient.
Starting November 28,, equities transactions will adopt a T+2 settlement cycle, meaning every trade will be settles two business days after the trade date, instead of the current three.
It means-when you buy equities on the Nigerian Exchange on a Monday for example, the trade will settle by Wednesday.
Similarly, if you sell equities on the Nigerian Exchange on a Monday, the proceeds will be credited to your account by Wednesday.
”This adjustments markets a major step towards a more modern and responsive market,” noted Cordros Research.
With a shorter settlement window, investors can receive proceeds from sales sooner, reinvest funds more quickly, and transact in a system that mirrors the pace of leading global market.
This is an improvement that enhances liquidity, and ultimately creates a smoother experiences for investors.
Meanwhile, the Central Securities Clearing System (CSCS) Plc has confirmed its readiness to transition to a T+2 settlement cycle on November 28, 2025.
CSCS Managing Director/CEO, Haruna Jalo-Waziri said, during a stakeholder webinar recently said, while confirming the Clearing System’s commitment to the T+2 Settlement cycle; ”adopting a T+2 cycle aligns Nigeria with international standards by reducing delays, minimising risk, and improving liquidity.”
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