The Lagos Commodities and Futures Exchange LCFE has finalized plans to list over N21 billion worth of Kian Smith FZE gold in a landmark transaction aimed at deepening Nigerias commodities market and expanding investable asset classes within the capital market.
The forthcoming listing will feature internationally certified 1kg London Bullion Market Association LBMA gold bars. It highlights increasing confidence in structured commodities trading and marks a major milestone in attracting institutional capital, improving market transparency, and positioning gold as a credible alternative investment for both local and international investors.
