SEC Announces Transition to T+1 Circle for Nigeria’s Capital Market

Nigeria’s Securities and Exchange Commission has announced sweeping capital market policy with a transition to a T+1 cycle for equities and commodities transactions.

SEC disclosed this in a recent notice.

This move is turning fast to track the turnaround time for capital market transactions.

Accordingly, all trades executed from June 2026 shall be subjected to the T+1 settlement circle.

The SEC explained that the policy is in furtherance of its mandate to promote a fair, efficient, and transparent capital market.

“Market participants are expected to review and align their systems, processes, and operational workshops ahead of the implementation date,” the commission stated.