Nigeria is pushing to compress stock-trade settlement to a 24-hour cycle, a move that would align Africa’s largest economy with markets operating on a T+1 basis and potentially unlock a surge in trading activity.
From November 28, the Central Securities Clearing System (CSCS Plc) shifted to a T
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.