Lagos Commodities Exchange to begin gold trading

Lagos Commodities Exchange to begin gold trading

Lagos Commodities Exchange to begin gold trading The Lagos Commodities and Futures Exchange is set to begin gold trading with the admission of Dukia Gold‘s diversified financial instruments, backed by gold as the underlying asset. Dukia Gold said the instruments, which would be in form of exchange traded notes, commercial papers and other gold-backed securities, would enable the company to deepen the commodities market in Nigeria, increase capacity, generate foreign exchange for the government to diversify external reserves and create jobs across the metal production value chain. The Chairman, Dukia…

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