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AFEX

AFEX, pension firms partner to boost liquidity in commodity market

AFEX, pension firms partner to boost liquidity in commodity market

Yusuf Issa An-Nuphawi04 mins

The Pension Fund Operators Association of Nigeria has signed deal with Nigeria’s leading commodities exchange platform, AFEX, as part of the efforts to deepen liquidity in the commodities market. In a statement issued on Thursday, AFEX said that the challenges in Nigeria’s commodity markets were exacerbated by a shortage of financial market players, which limits…

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AFEX raises N100bn for agro processing

AFEX raises N100bn for agro processing

NewsDesk04 mins

AFEX raises N100bn for diversification into agro processing Leading food commodities market player, AFEX, on Tuesday launched a N100 billion Asset-Backed Commercial Paper (ABCP) amid plans to diversify investments into agro processing. The 3-year ABCP programme aimed to bridge Nigeria’s N5 trillion agric finance gap, the Managing Director, AFEX Investment Limited, Samirah Ade-Adebiyi, said at…

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