Page 11 - Lagos Commodities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Heritage Bank Plc in partnership with the Central Bank of Nigeria has set up plans to disburse a whopping sum

The Lagos Commodities and Futures Exchange (LCFE) has commenced a partnership with Heritage Bank Plc to create a structure for trading in wheat contracts and its allied products, following the ongoing intervention of the Central Bank of Nigeria (CBN) to position the country as a net exporter of wheat. The banking sector regulator's intervention has…

The Securities and Exchange Commission (SEC) has advised Nigerians to do due diligence on investment funds through its portal

Goddy Egene The Lagos Commodities and Futures Exchange (LCFE) is set to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying assets in a sector worth over N300 trillion. Addressing journalists at the pre-listing media interactive session in Lagos, the Dukia Gold’s Chairman of Dukia Gold, Mr. Tunde Fagbemi, said that the instruments which would be in form of Exchange Traded Notes (ETN), Commercial Papers (CP) and other gold-backed securities would enable the company deepen the commodities market in Nigeria, increase capacity, generate foreign exchange for ...

Share Heritage Bank Plc for being part of valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Limited is set to unlock the over N344 trillion market worth of gold investible instruments in the solid minerals sector with the concluded plans of being listed on the Lagos Commodities and Futures Exchange (LCFE). This move that will entrench expand revenue in the non-oil sector through diversification, by stimulating growth in solid minerals in line with the objectives of the Economic Recovery and Growth Plan (ERGP) will also put Nigeria on the global map with rega...