Commodities Exchanges, Warehouses Could Unlock $500bn -SEC

The Director General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has revealed that formalising commodities and warehouse receipts could unlock up to $500 billion in dormant agricultural and mineral assets, transforming them into tradable securities. This, he said, would significantly boost Nigeria’s economic diversification and help reduce the country’s reliance on oil...

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