CSCS Boss Shantali Says T+1 Settlement Targets Long-Term Capital Market Growth

The chief executive of the Central Securities Clearing System (CSCS) Plc, Mr. Shehu Yahaya Shantali, emphasized that Nigeria's transition to a T+1 settlement cycle is designed not only to expedite transaction processes but also to foster sustainable growth in the capital market. During a ceremony in Lagos that celebrated the launch of the T+1 settlement system, Mr. Shantali articulated the broader implications of this shift, highlighting its potential to enhance market efficiency and attract long-term investment. He underscored the importance of this development in positioning Nigeria's capital market for future expansion and competitiveness.

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