The Nigerian stock market has commenced a faster T+1 settlement circle from June 1st, 2026.

Recall that Nigeria’s Securities and Exchange Commission, SEC, in a notice in May, had announced that the country’s capital market would kick off transition to a T+1 settlement circle.

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.