The Nigerian Capital Market will formally switch to a T+2 Settlement Cycle on Friday, November 28, 2025, barring last-minute adjustments. The market currently uses a T+3 Settlement Cycle, in which trade settlements are finished three business days following the date of the transaction. 00:09/03:11 10 seconds The switch to T+2 will bring the Nigerian market into compliance with international best practices by requiring settlements to be finished two business days following the trade date. When the migration was announced, the Securities and Exchange Commission (SEC) stated that it was intended to improve market efficiency and conform to international best practices.
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