SEC Approves Eko Rice Listing on LCFE - Boosting Nigeria's Agriculture

The Securities and Exchange Commission (SEC) has approved Eko Rice's N23.4 billion contracts for listing on the Lagos Commodities Futures Exchange (LCFE). This landmark event signifies a major step towards building a transparent and globally competitive commodity market in Nigeria.

The listing of Eko Rice Classic Spots Contracts is expected to set a new benchmark for commodity trading and agricultural financing in Nigeria, aiming to support local production and reduce import dependency. The move aligns with efforts to enhance food security, generate wealth, and position Nigeria as a leader in structured trade within the agricultural sector.