▪The Lagos Commodities and Futures Exchange (LCFE) was incorporated on May 21, 2015.
▪The Promoter is The Association for Stockbroking Houses of Nigeria (ASHON)
▪The LCFE was set up to trade in commodities; agricultural products, currency, solid minerals and oil & gas
▪The main purpose of setting up LCFE is to enhance the Nigerian income revenue source; create transparency, price
discovery, put Nigeria on the global revenue map directly and enhance flow of currency exchange into Nigeria
▪Various Institutions will be able to leverage on the Futures market to raise additional capital to fund projects
▪Fully Licensed by SEC in June 2019