No settlement defaults recorded since Nigeria adopted T+1 cycle, SEC says
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
News
Official statement
Outcome reported
- Nigeria's Securities and Exchange Commission said no settlement default has been recorded since the country moved to a T+1 settlement cycle.
- SEC Director-General Emomotimi Agama said the transition had been smooth and well received by domestic and international investors.
Nigeria's Securities and Exchange Commission said it has recorded no settlement default since the country adopted the T+1 settlement cycle.
SEC Director-General Emomotimi Agama told journalists in Abuja that the transition had been smooth and well received by local and international investors.
About this summary
Originally published by Vanguard in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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