The implementation of the price methodology fills a gap in formalising participation in the Nigerian commodities ecosystem, as the firm doubles down on investor education and protection, while enhancing price discovery and eliminating price gaps across the different boards on the Exchange.
During his presentation at the CEO breakfast held in Lagos, president/CEO of AFEX Nigeria, Akinyinka Akintunde relayed relevant updates on the Exchange said: “we have launched initiatives to strengthen data availability and accessibility for the commodities market in the country over our years of operation.“This to be a core fundamental for a robust and vibrant market.
During his keynote address, MD, Sahel Capital, Mezuo Nwuneli stressed the importance of unlocking finance for the $1 trillion commodity market. By leveraging private sector and foreign investments, we can unlock value for the agriculture value chain and hedge against creeping inflationary pressures.”
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