Nigeria’s transition to a T+2 settlement cycle, which took effect on Friday, is being presented as a major catalyst in the country’s ambition to build a $1tn economy by 2030. The development was announced at a press conference held by the Central Securities Clearing System at the NGX Group headquarters in Lagos.
The Federal Government has set a target to grow the Nigerian economy to $1tn within the next six years, and key market operators…
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