N5bn contract will create market for rice, says LCFE
With the introduction of the N5 billion Series 1 of N30 billion Eko Rice Contract by the governor of Lagos State, Babajide Sanwo-Olu, the Lagos Commodities and Futures Exchange has taken action to support the expansion of agricultural assets in Nigeria. The first forward contract to be introduced into the commodities market, according to a statement, will be listed on the floor of LCFE at a later time. According to the statement, the contract would...