Abuja Securities and Commodities Exchange

The Abuja Securities and Commodities Exchange (ASCE) is (besides the Nigerian Stock Exchange) one of two principal stock exchanges in Nigeria. It is located in Abuja, the country's capital, and it was founded in 1998.

Logo of the ASCE

The ASCE is primarily involved with the trading of commodities such as maize, sorghum and millet, as opposed to trading in securities such as bonds and company stock.

The Abuja Securities and Commodity Exchange has concluded plans to set up a market information system for 12 commodity markets in the country. The Managing Director, ASCE, Mr. Yusuf Abdurrahim said that within the next few months, the market information systems for the 12 major markets would be replicated in the 36 states and this would enable people get information about commodities prices as well as production of agricultural produce.[1]

See also

References
  1. "Securities and Commodity Exchange to establish". Securities and Commodity Exchange to establish. Retrieved 2020-12-20.


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