Nigeria Reports Smooth Transition to T+1 Settlement Cycle

No settlement default recorded since T+1 adoption — SEC

By Obas Esiedesa, Abuja ABUJA — The Securities and Exchange Commission, SEC, has disclosed that no settlement default has been recorded since Nigeria migrated to the T+1 settlement cycle, saying the transition has been smooth and well received by local and international investors. The Director-General of the SEC, Dr Emomotimi Agama, disclosed this to journalists […] The post No settlement default recorded since T+1 adoption — SEC appeared first on Vanguard News.

By Nwafor