NIGERIA COMMODITY EXCHANGE (NCX)

Originally established as the Abuja Stock Exchange in 1998, the institution was converted into a commodity exchange in 2001 to create a modern, efficient, and transparent marketplace for Nigerian agricultural products. The NCX's mission is to stabilize commodity prices, reduce post-harvest losses, enhance food security, and improve the income and livelihoods of farmers. After a period of underperformance, the Exchange has been undergoing a strategic restructuring and recapitalization process led by the Central Bank of Nigeria (CBN) and other key stakeholders to revitalize its operations and impact on the agricultural sector.