AFEX Commodities Exchange Limited recently hosted the Securities and Exchange Commission (SEC) for a two-week exchange program aimed at fostering deeper engagement, knowledge-sharing, and alignment across Nigeria’s commodities ecosystem.

The program, which ran from Monday July 14 to Thursday July 24, 2025, at the AFEX Lagos office in Victoria Island and included a warehouse tour, was designed to provide SEC representatives with a comprehensive understanding of the Exchange’s operations and its integral role in Nigeria’s commodities market.

Strengthening Regulatory Alignment for Market Growth

Over the course of two weeks, SEC officials participated in a series of interactive sessions with AFEX leadership, warehouse tours, and stakeholder engagements involving capital market operators, processors, and key participants across the commodities value chain. These sessions offered practical insights into the structure, processes, and operational mechanisms that underpin AFEX Commodities Exchange Limited’s activities.

By observing first-hand how the Exchange facilitates market access, risk management, and value chain financing, the SEC team identified potential areas for regulatory enhancement and policy support. The program created a strong platform for mutual learning, especially around how regulatory frameworks can better support innovation, efficiency, and scale in Nigeria’s commodities market.

The engagement brought together senior executives and technical experts from both organizations, as well as key industry players. Their discussions touched on a range of themes, including market integrity, risk management, data transparency, and innovative financing for agricultural stakeholders.

Charting a Future for Commodities Market Development

This Exchange Program is part of a broader initiative to deepen regulatory collaboration and enhance market infrastructure for commodities trading in Nigeria. With Nigeria’s agriculture sector poised for growth, the alignment of regulatory frameworks with private sector innovation is key to unlocking its full potential.

AFEX remains committed to advancing transparent and efficient markets and looks forward to continued partnership with the SEC to shape policies that support sustainable commodities trading and economic inclusion across the country.