Nigeria’s capital market will transition to a T+1 settlement cycle from May 29, 2026. The development was disclosed in a notice seen by Nairametrics, which was issued to stakeholders by the Central Securities Clearing System (CSCS), the securities depository and settlement arm of the Nigerian Exchange Group (NGX), on Monday, March 16, 2026. Under the new settlement framework, securities transactions in the Nigerian market will be completed one business day after the trade date, reducing the current settlement period and enabling faster movement of securities and funds among market participants..................…...READ MORE