The Nigerian capital market will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28. The move from a T+3 to a T+2 settlement cycle, effective Friday, is designed to align with global best practices and enhance market efficiency. This market-wide upgrade is designed to improve efficiency and provide a faster, more seamless trading experience for investors.
What is the T+2 settlement cycle?
It is the settlement cycle where the completion of a securities trade, including the tr
The Nigerian capital market will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28. The move from a T+3 to a T+2 settlement cycle, effective Friday, is designed to align with global best practices and enhance market efficiency. This market-wide upgrade is designed to improve efficiency and provide a faster, more seamless trading experience for investors.
What is the T+2 settlement cycle?
It is the settlement cycle where the completion of a securities trade, including the tr