Securities and Exchange Commission (SEC) has set June 1, 2026 as the date for Nigeria’s capital market to move to a T+1 settlement cycle for equities and commodities trades. The announcement, made in a notice dated May 18, outlines a framework for capital market operators and stakeholders to prepare...
SEC
By MBAFAN ADE – The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in conjunction with the Securities and Exchange Commission (SEC), has issued licenses to JEX Market to establish and operate a Gas Clearing House and Settlement Authorization Platform. Described by stakeholders as one of the most strategic...