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AFEX

24 Sep 2020
AFEX Commodities Exchange Limited (AFEX) announced today that it will introduce Warehouse Receipt Check by Trade Finance Market (TFM) to reduce fraud and drive...
23 Aug 2020
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.
19 Mar 2020
Afex Commodities Exchange Nigeria has concluded plans to invest over N2 trillion to finance agricultural growth nationwide for the next five years.
29 Jul 2019
The Independent National Electoral Commission (INEC) on Monday told the Presidential Election Petition Tribunal that inviting witnesses to defend its conduct of the Feb.23 general election would amount to becoming a partial umpire.
16 Nov 2018
Worried about the increasing level of identity theft in the nation’s capital market, the Securities and Exchange Commission (SEC), said yesterday it was currently working...
15 Nov 2018
Nigeria has set a new global record, as the world’s first fully-digital, end-to-end blockchain-based commodity trading and financing platform was unveiled by Sterling Bank Plc.     Developed in partnership with Binkabi and AFEX Commodities Exchange, the platform will decentralise Agric commodity trading in Nigeria, and all emerging economies, helping to reduce intermediation in trade,…

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53 mins ago
Former President Goodluck Jonathan has been awarded the ‘Symbol of Peace’ among recipients of the maiden edition of the ‘100 Most Notable Peace Icons in Africa’ honour.
1 hour ago
Kenyan police said Thursday they had learned from their "mistakes" as the nation commemorated the 10th anniversary of a bloody siege at an upmarket shopping centre in the capital Nairobi.
1 hour ago
An All Progressive Congress (APC), chieftain, Professor Yusuf Magaji, has extolled President Bola Ahmed Tinubu for considering Prof. Abiodun Sule for the coveted office of Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA). The politician in a statement, yesterday, described the maritime expert as fit for the responsibility. Magaji said while Sule is…
1 hour ago
The basic education model adopted by Nigerian states including Bayelsa, Edo, Lagos, Kwara has been commended at the ongoing United Nations General Assembly (UNGA78). The commendation was given on the sidelines of the General Assembly at a Devex event organized to discuss the topic “Transforming Education: Overcoming crisis, improving learning Outcomes.” Speaking at a panel…
1 hour ago
A lawmaker in the Ogun State House of Assembly, Damilare Bello Mohammed, has been arrested for his alleged involvement in a cult clash in Sagamu over the weekend. Five suspected cultists were also arrested alongside Mohammed in connection with the incident that started on Wednesday and continued till Sunday, leading to several deaths. Other five…