Nigeria’s capital markets regulator has rolled out a major policy change aimed at speeding settlement timelines, announcing a shift to a T+1 framework for both equities and commodities trades. The Securities and Exchange Commission said the new cycle is designed to shorten turnaround time across capital market transactions, moving trades executed from June 2026 into a one-business-day settlement process.
The SEC framed the adjustment as part of its broader responsibility to support a market environment that is fair, efficient, and transparent. It also signaled that the transition will require operational readiness from firms handling trades and settlement, stressing that industry players should reassess and update their systems and procedures well ahead of the implementation date. “Market participants are expected to review and align their systems, processes, and operational workshops ahead of the implementation date,” the commission said, underscoring the need for internal coordination as Nigeria’s trading infrastructure moves toward faster settlement.
