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Nigeria: Unlocking Potential of Nigeria Commodity Exchange

All Africa Stock Mkts -

[This Day] At the primary level, a commodity exchange connects buyers and sellers of physical commodities, a role that is particularly useful in enhancing market efficiency by helping to match supply and demand of commodities across time and geographic distances. In its sophisticated form, a commodity exchange, as noted by the United Nations Conference on Trade and Development, brings together buyers and sellers of commodity price risk, permitting those who wish to reduce their exposure to price movements to transfer

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