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Nigerian Capital Market Leads Africa with Transition to T+1 Settlement Cycle

By: Kahani News Desk

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Nigerian Capital Market Leads Africa with Transition to T+1 Settlement Cycle

The Nigerian capital market, yesterday joined the United States, others to achieve a historic milestone with the successful transition to a T+1 settlement cycle, becoming the first market in Africa to implement the shortened settlement framework designed to enhance efficiency, reduce risk, and improve global competitiveness. The transition means that securities transactions executed on the Nigerian Exchange Limited (NGX) will…

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Kahani News Desk
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