Nigeria’s Securities and Exchange Commission has announced sweeping capital market policy with a transition to a T+1 cycle for equities and commodities transactions.
SEC disclosed this in a recent notice.
This move is turning fast to track the turnaround time for capital market transactions.
Accordingly, all trades executed from June 2026 shall be subjected to the T+1 settlement circle.
The SEC explained that the policy is in furtherance of its mandate to promote a fair, efficient, and transparent capital market.
“Market participants are expected to review and align their systems, processes, and operational workshops ahead of the implementation date,” the commission stated.
