The Central Securities Clearing System Plc (CSCS), Nigeria’s capital market infrastructure, is set to host its second stakeholder webinar on the transition to the T+2 settlement cycle, as part of efforts to ensure seamless market adoption of the new framework.
Building on the momentum of its first engagement, the webinar underscores CSCS’s continued commitment to deepening stakeholder collaboration and aligning Nigeria’s capital market operations with global standards by reducing the settlement cycle from T+3 to T+2.
Speaking ahead of the event themed Trade Associations Roundtable: Ensuring Stakeholder Readiness for T+2 Settlement, Haruna Jalo-Waziri, Managing Director/Chief Executive Officer of CSCS Plc, described the transition as a collective milestone for the market.
‘The move to T+2 settlement is more than a regulatory achievement, it reflects our market’s maturity and shared commitment to efficiency,’ Jalo-Waziri said. ‘This second webinar is part of our ongoing engagement to ensure all stakeholders are informed, prepared, and equipped for a smooth transition,’ he added.
The session will feature remarks from key industry leaders, including Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC); Temi Popoola, Chairman, CSCS Plc; and Haruna Jalo-Waziri, MD/CEO, CSCS Plc.
They will be joined by representatives from major market trade associations who will share insights on industry preparedness. Confirmed speakers include Samuel Onukwue, Chairman, Association of Securities Dealing Houses of Nigeria (ASHON); Babatunde Majiyagbe, President, Association of Asset Custodians of Nigeria (AACN); and Seyi Owoturo, President/Chairman of Council, Institute of Capital Market Registrars (ICMR).
The interactive session will feature a QandA segment, allowing participants to engage directly with regulators and operators on operational and technical adjustments required for the T+2 transition.
Through initiatives like this, CSCS continues to demonstrate leadership in enhancing operational efficiency, strengthening market infrastructure, and ensuring Nigeria’s capital market remains resilient, competitive, and in sync with international best practices.