Stockbrokers clarify FTSE Russell’s concerns on Nigeria’s T+1 settlement cycle

By Peter Egwuatu The Chartered Institute of Stockbrokers (CIS) has described FTSE Russell’s decision to defer Nigeria’s planned reclassification to Frontier Market status as a temporary review process rather than a reversal of the country’s capital market reforms, stressing that Nigeria’s newly adopted T+1 settlement cycle remains a landmark achievement capable of strengthening investor confidence and […] The post Stockbrokers clarify FTSE Russell’s concerns on Nigeria’s T+1 settlement cycle ...

By Urowayino Jeremiah