Does “executed” status mean I will receive my stock sale proceeds in T+2 settlement on InvestNaija in Nigeria?

Yes—“Executed” means your sell order has been successfully matched in the market.
But it does NOT mean the cash will hit your bank immediately.
✅ What happens after “Executed”
On platforms like InvestNaija App:
Step-by-step flow:
Order Executed (Today = T)
Your shares are sold
You now have a receivable balance (not withdrawable yet)
Settlement Period (T+2)
The Nigerian Exchange Group processes the transaction
Buyer’s money is confirmed
Shares are transferred via clearing system
Day 2 (T+2)
Money becomes available in your brokerage wallet
Withdrawal (optional extra 0–1 day)
You transfer to your bank account
Bank may take a few hours or next day
🧾 Simple timeline example
If you sold on:
Monday (T) → Executed
Wednesday (T+2) → Money available
Thursday → In your bank (depending on withdrawal time)
⚠️ Important things to check
1. “Executed” vs “Completed”
Executed = trade done ✅
Completed/Settled = money ready 💰
2. Public holidays & weekends
These don’t count in T+2
Can delay your credit
3. Where the money first enters
It goes to:
Your broker wallet (InvestNaija)
NOT directly to your bank
🚨 If you don’t receive it after T+2
Then something is off. Check:
Did it show fully executed or partial?
Any pending settlement notice?
Contact broker support
✔️ Bottom line
✔️ Yes, you should expect credit
✔️ Timeline is T+2 (2 working days)
❗ It first lands in your InvestNaija wallet, not your bank