• info@ocmlng.com
  • 0201-2914775

No default since adoption of T+1 settlement – SEC

Home > market news
Stock Market News

No default since adoption of T+1 settlement – SEC

31 Aug, 2026

The Securities and Exchange Commission (SEC) has said the adoption of the one-day transaction settlement cycle, known as T+1, is progressing smoothly in Nigeria’s capital market, with no default recorded so far over the availability of funds. The SEC Director-General, Dr. Emomotimi Agama, disclosed this in an interview, according to a statement from SEC on Sunday................................READ MORE