Nigeria’s Capital Market Moves to T+1 Settlement on June 1, 2026
By Aboki Forex —
The Securities and Exchange Commission (SEC), Central Securities Clearing System Plc (CSCS), Nigerian Exchange Group (NGX Group), and other key capital market stakeholders will host an official ceremony on Monday, June 1, 2026. The event marks the market’s transition from a T+2 to a T+1 settlement cycle.
The new T+1 regime takes effect from June 1. It comes six months after the market migrated from T+3 to T+2. The move reflects an accelerated drive toward greater efficiency, reduced settlement risk, enhanced liquidity, and stronger alignment with global best practices.
The ceremony will hold at 3:00 p.m. at NGX Group House, Lagos. The theme is “T+1 and Beyond: Advancing Market Efficiency and Global Competitiveness.” It will bring together regulators, exchanges, market infrastructure institutions, capital market operators, institutional investors, trade associations, listed companies, and other stakeholders across the capital market ecosystem.
The event will end with a Closing Gong Ceremony to formally commemorate the market-wide shift. The ceremony reinforces the collective commitment of market participants to innovation, operational efficiency, and the continued modernisation of Nigeria’s capital market infrastructure.