Identifying the economic implication of leveraging the agribusiness sector, AFEX, a commodity firm, has reiterated its commitment to facilitate trade with Africa worth $10b within 10 years.

Associated Foreign Exchange (AFEX) has predicted a decline in the production of grain commodities this year, following the impact of flooding, devaluation of the naira, high logistics, and the social-political situation in Nigeria. In its Commodity Outlook for 2023 Report, the body said the observed reasons would keep commodity prices at historically high levels amid…

Welcome2Africa International (W2AI) has said that Agri-Investment and Capital Market Conference AICM2022 would drive investment and finance for the Capital Market and the Agribusiness sector in Nigeria.   According to W2A, Currently, the Capital Market contributes 0.5% to agriculture thus exposing a major opportunity between the agribusiness sector and the Capital Markets in Nigeria.   The…

Nigeria’s leading commodities market player, AFEX, has announced its partnership with the Niger State ministry of Agriculture and the Niger State Commodity and Export Promotion Agency (NSCEPA) to improve the productivity and livelihoods of Niger State farmers and to empower the youths in the state. The partnership was announced at an MoU signing ceremony in…

Nigeria’s commodities player AFEX unveiled its 2021 crop production report in an online event on the 26th of October 2021, sharing an optimistic production outlook across most commodities surveyed in the report. Both production levels and price forecasts were predicted to take an upward trend for the bulk of commodities included in the report as…

Nigerian commodities player, AFEX, in collaboration with the Central Bank of Nigeria, on Thursday, held a policymakers field day for farmers in Kaduna State. At least 200 maize and Soyabeans farmers were hosted for the field day at the AFEX maize and Soyabean demo farms in Richifa and Shika in the state. AFEX Fair Trade…

AFEX Commodities Exchange and Africa Fertiliser and Agribusiness Partnership (AFAP) have signed a Memorandum of Understanding to provide N11 billion finance to fertiliser blenders ...

AFEX Commodities Exchange Limited (AFEX), Nigeria’s leading private commodities exchange company, has announced the first Warehouse Receipt Backed Commercial Paper in Africa, with tech-enabled...

AFEX, Nigeria’s leading commodities market player, has announced Kamaldeen Raji's appointment as the Managing Director, AFEX Fair Trade Limited (AFEX Fair Trade).

AFEX Commodities Exchange Limited (AFEX) announced today that it will introduce Warehouse Receipt Check by Trade Finance Market (TFM) to reduce fraud and drive...

The Central Bank of Nigeria’s restriction of Forex on the importation of maize has been described as a good move, which will increase local production, empower farmers financially, and stabilise the economy.

Afex Commodities Exchange Nigeria has concluded plans to invest over N2 trillion to finance agricultural growth nationwide for the next five years.