Nigeria’s stock market begins faster T+1 settlement cycle

The implication is that if capital market investors buy or sell a stock, for instance, on Monday, June 1, 2026, the settlement takes place in 24 hours.

The transition provides room for faster settlement for investors and entire business transaction efficiency for NGX.

In reaction, Nigerian Exchange Group described that development as a major milestone for Nigeria’s capital market.

“The transition to T+1 settlement is now live, delivering faster settlement, improved liquidity, reduced risk, and a more efficient market experience for all participants. A faster market cycle starts today (Monday, June 1, 2026),” NGX Group wrote on X.