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CSCS Plc Announces GO-LIVE OF T+2 Settlement Cycle In Nigerian Capital Market 

Amaka Obiefuna
The Central Securities Clearing System Plc (CSCS), Nigeria’s premier capital market infrastructure, is pleased to announce the official go-live of the T+2 settlement cycle in the Nigerian capital market, effective today, Friday, 28 November 2025. This transition from the long-standing T+3 cycle represents a significant milestone in the ongoing modernisation of Nigeria’s post-trade infrastructure and reflects the market’s collective commitment to global best practices.
With the implementation of T+2, all trades executed from today will now settle two business days after the trade date. This achievement strengthens operational efficiency, enhances market liquidity, and significantly reduces counter-party risk, ultimately improving investor experience and ensuring quicker access to funds and securities. The transition also positions Nigeria more competitively within the global capital market landscape, where shorter settlement cycles are increasingly becoming the standard.
Haruna Jalo-Waziri, Managing Director and Chief Executive Officer of CSCS, expressed confidence in the readiness of the market. “The successful commencement of the T+2 settlement cycle is the product of extensive collaboration, rigorous testing, and the unwavering commitment of all market stakeholders. We are proud to lead this change at a time when efficiency and resilience are critical pillars for market competitiveness.”
Mr Jalo-Waziri further added, “As we embrace the T+2 framework, we are unlocking efficiencies that will shape the future of Nigeria’s capital market for years to come. This milestone sends a clear message that the Nigerian market is evolving, forward-thinking, and determined to match and surpass global benchmarks in post-trade operations.”
CSCS has worked closely with the Securities and Exchange Commission (SEC), exchanges, market operators, custodians, and key trade associations to ensure smooth implementation. Comprehensive readiness assessments, industry-wide testing, and participant engagements were conducted to guarantee that systems, processes, and operational frameworks were aligned with the new cycle ahead of today’s launch.
As the market adjusts to this new settlement environment, CSCS remains committed to providing continuous support and guidance. The organisation has also made implementation procedures and guidelines available to all market participants to aid operational clarity and ensure seamless adoption. You can access these on our website dedicated to the transition at https://www.cscs.ng/ngt2/
The T+2 transition marks another bold step in CSCS’s long-standing mission to drive innovation and operational excellence across Nigeria’s capital market. The organisation will continue to champion initiatives that strengthen market confidence, promote efficiency, and align the Nigerian market with global standards.
Abelinis Hosts Second Edition Of WITFLIX Experience, Inaugurates High-Impact Leadership Conversation

… Screens Kunle Afolayan’s “October 1” in a convivial atmosphere
Funmi Oleghe
L-R Femi Bello, the moderator, Milagrosa Nana Utomi, CEO MPXM Africa, Tolu Medebem, President EXMAN, Abiodun Oshinibosi, Founder WITFLIX, and Larry Thompson, Country Manager WITFLIX
It was an atmosphere of conviviality and knowledge sharing as Abelinis Limited, a forward tech-driven experiential marketing company, hosted industry practitioners, undergraduates, students, and upwardly mobile high-net-worth individuals to the second edition of WITFLIX, an experiential learning initiative.
The event, which was held at the Kunle Afolayan Production Cinema on Wednesday, 26th October, featured the screening of Kunle Afolayan’s October 1 and a high-impact leadership conversation. brought together students from the Nigerian Institute of Journalism (NIJ), Bells University, and a vibrant network of young individuals eager to learn, connect, and grow.
This edition featured an exclusive screening of Kunle Afolayan’s October 1, a film that blends history, conflict, culture, and national identity. Beyond entertainment, the movie served as the backdrop for a powerful conversation on leadership, communication, pressure, complexities of human behavior, and conflict navigation, key themes embedded in the storyline.
Following the film screening, attendees were treated to an engaging and insightful panel session featuring two distinguished industry leaders, Mrs. Victoria Adewunmi, CEO, Watermark & Victoria, and Mr. Kingsley James, Managing Director, IDCL.ng. Their discussion offered profound insights into how the film mirrors real-life leadership challenges, communication lapses, and the emotional and psychological factors that influence human behavior.
During the session, the facilitators explained that true leadership reveals itself in moments of pressure. Using the film’s protagonist as a reference, they highlighted the importance of clarity, courage, and strong values when navigating difficult situations. They also reminded the audience that communication goes beyond talking it requires active listening, understanding context, and managing emotions with intention and empathy.
They also explored how bias and personal trauma shape the way people react and make decisions. The speakers noted that many conflicts arise from unspoken experiences or assumptions, and encouraged attendees to become more emotionally aware. By understanding their own wounds and perspectives, young people can communicate more thoughtfully, reduce misunderstandings, and show compassion in everyday interactions. This flowed into a broader conversation about power dynamics and influence, and how authority and privilege, whether through knowledge, access, or position, must be handled responsibly and with integrity.
The facilitators concluded by emphasizing that personal growth and self-awareness are the real foundations of leadership. Individuals who understand their strengths, triggers, and blind spots are better equipped to build meaningful relationships, lead effectively, and handle conflict with maturity. They encouraged the audience to embrace continuous self-reflection as a pathway to becoming more intentional, confident, and influential leaders.
The atmosphere at WITFLIX was vibrant and engaging. Participants enjoyed interactive moments such as the photobooth experience, puzzle and word games, networking sessions, and live interview recordings. The presence of TVC News and Channels Television, who covered and documented the event, added to its credibility and visibility. Many attendees shared that the experience broadened their understanding of leadership, enhanced their communication skills, and inspired them to pursue personal growth with greater intentionality.
WITFLIX once again demonstrated the power of storytelling as a catalyst for learning and transformation. Through the fusion of cinema and conversation, Abelinis Limited created a space where young people could explore complex themes in a relatable and impactful way. The organization extends its appreciation to Malta Guinness, Ritemate, EXMAN, and the Brand Experience Summit for their partnership and unwavering support in shaping a meaningful experience for the next generation.
Abelinis Limited remains committed to empowering young minds with knowledge, confidence, and opportunities to lead with clarity and purpose. The WITFLIX initiative continues to set a standard for experiential education rooted in creativity, reflection, and real-life relevance.