The Rwanda Capital Markets Authority said it had concluded a study tour of Nigeria with a technical engagement at Central Securities Clearing System Plc focused on lessons for Rwanda's market infrastructure. The discussions centered on settlement-cycle modernisation, central securities depository risk-rating readiness, dematerialisation and post-trade technology, drawing on CSCS's experience as an asset-class-agnostic CSD operating a fully dematerialised market and a T+1 settlement cycle. The Nigeria mission also included meetings with the Nigerian Securities and Exchange Commission, the Debt Management Office and the Nigerian Exchange Group. CMA Rwanda and CSCS agreed to continue working on these themes, with regional integration in view through bodies including the West African Capital Markets Integration Council, the African and Middle East Depositories Association and the World Forum of CSDs.
Rwanda Capital Markets Authority2026-06-26
Rwanda Capital Markets Authority concludes Nigeria study tour with CSCS talks on settlement modernisation and post trade infrastructure
The Rwanda Capital Markets Authority said its Nigeria study tour ended with talks at Central Securities Clearing System Plc on settlement modernisation, dematerialisation, CSD risk-rating readiness and post-trade technology. The visit also covered meetings with Nigeria's Securities and Exchange Commission, Debt Management Office and Nigerian Exchange Group, with both sides agreeing to continue engagement.