For decades, before the introduction of the current T+2 settlement cycle, investing in the Nigerian capital market meant mastering the art of patience. Investors would analyse a stock, hit “buy,” or “sell”, and then wait days for the shares or their money to actually reflect in their Central Securities Clearing System (CSCS) or bank accounts. That structural bottleneck vanishes finally on Monday, June 1. The waiting game is over Effective Monday, June 1, the Nigerian capital market will move from the current T+2 settlement cycle t
For decades, before the introduction of the current T+2 settlement cycle, investing in the Nigerian capital market meant mastering the art of patience. Investors would analyse a stock, hit “buy,” or “sell”, and then wait days for the shares or their money to actually reflect in their Central Securities Clearing System (CSCS) or bank accounts. That structural bottleneck vanishes finally on Monday, June
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