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Nigeria joins US, Canada, India in global T+1 settlement league

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Nigeria joins US, Canada, India in global T+1 settlement league

Nigeria has joined the United States, Canada, India and other major capital markets operating a T+1 settlement cycle following the successful transition of its securities market from T+2 settlement, a move regulators and market operators say will improve liquidity, reduce risks and strengthen the country's appeal to domestic and foreign investors. The transition, which took effect on Monday, means that…

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