Nigerian investors have signalled readiness for the shift to a T+1 settlement cycle in the stock market, set to take effect on May 29. This change shortens the settlement period from two business days to one, meaning buyers will receive securities and sellers access cash a day after a trade is executed. The move is expected to increase market efficiency, reduce counterparty risk, and align Nigeria's capital market closer to global standards. Bisi Bakare, National Coordinator of Pragmatic Shareholders' Association, noted that market operators have made gradual technology upgrades in preparation, though smaller brokers and retail investors may require an adjustment period. "The T+2 cycle has already delivered improved liquidity and faster reinvestment of funds," she said, adding that benefits like greater transparency and reduced risk lay the groundwork for T+1. Ridhwan Hamza, Secretary General of Liberated Shareholders' Association, questioned the delay in implementing T+1 by 2026, pointing out that Western markets have moved toward same-day settlement. He stressed that quicker access to funds allows investors to redeploy capital faster. Moses Igbrude, National Coordinator of the Independent Shareholders Association of Nigeria, described the policy as one designed to deliver value to shareholders through a more responsive and effective market.