LCFE partners Heritage Bank to boost investment in wheat production quicknews-africa.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from quicknews-africa.net Daily Mail and Mail on Sunday newspapers.
To save over $2 billion spent on the importation of wheat in Nigeria yearly, the Lagos Commodities and Futures Exchange (LCFE) has entered into a partnership with Heritage Bank to create a structure for trading on wheat contracts and its allied products.
The Lagos Commodities and Futures Exchange (LCFE) has commenced a partnership with Heritage Bank Plc to create a structure for trading in wheat contracts and its allied products, following the ongoing intervention of the Central Bank of Nigeria (CBN) to position the country as a net exporter of wheat. The banking sector regulator's intervention has…