Photo caption: NGX
The Nigerian Capital Market said it would officially transition to a T+2 Settlement Cycle effective Friday, 28 November 2025.
In a statement made available to reporters, it said: “We are pleased to inform you that the Nigerian Capital Market will officially transition to a T+2 Settlement Cycle effective Friday, 28 November 2025.
“Currently, the market operates on a T+3 Settlement Cycle, where trade settlements are completed three business days after the transaction date.
“With the transition to T+2, settlements will now be completed two business days after the trade date, bringing the Nigerian market in line with global best practices.
“This important change is designed to:
Enhance market efficiency
Reduce settlement and counterparty risk
Improve liquidity and boost investor confidence
“We encourage all stakeholders to take note of this development and plan accordingly.”
