We are energized by Dr. Isokpunwu's insights and remain deeply committed to working hand-in-hand with the Ministry's leadership to drive innovation, transparency, and sustainable growth across our trading ecosystem.
It was a privilege to welcome Dr. Chris Osa Isokpunwu, Permanent Secretary,@fmitiofficial, to the Exchange yesterday.
Our discussions centered on the vital role the @ncxnigeria plays in the nation's economic landscape. It was a valuable opportunity to present our ongoing initiatives and strategic programs, ensuring they are seamlessly aligned with the overarching goals and benchmarks set by the Ministry.
It was my distinct privilege to host the National Shea Programme Stakeholder Forum at the Nigeria Commodity Exchange (NCX), yesterday.
Chaired by the Honourable Minister of Industry, Trade & Investment, @joduwole, this pivotal sensitization session marks a major milestone in our strategic mandate to restructure Nigeria’s shea sector, fully aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Our discussion focused on a critical economic shift: moving away from exporting raw materials to prioritizing domestic value addition. By centering our strategy on local agro-processors and empowering the hardworking women who form the backbone of shea picking, we are ensuring that the wealth generated by Nigerian shea stays right here at home.
The encouraging participation and actionable commitments from major value chain players—including our goodwill partners (PFSCU, Bank of Agriculture, Afreximbank), cooperatives, and aggregators—demonstrate that we are fully aligned. The progress made today has set a solid blueprint in motion, and NCX remains committed to transforming Nigeria into a global, self-sustaining shea processing powerhouse.
My profound appreciation goes to the Honourable Minister, our partners, and the dedicated NCX team for delivering a highly successful forum. The work continues.
It was a pleasure hosting Dr. @Volatunji1 , National Commissioner/CEO of the Nigeria Data Protection Commission (@ndpcngr), and his delegation at the exchange today.
As we position the @ncxnigeria as a world-class, data-driven exchange, robust data privacy is not just a regulatory requirement—it is the foundation of investor trust and market integrity.
This visit is incredibly timely as we roll out new innovations that rely on secure data processing, including NIN, BVN, and CAC registrations.
I am deeply grateful to Dr. Olatunji for his commendation of NCX’s strategic role in Nigeria's economic growth, and for the NDPC's generous offer of free induction training and Virtual Privacy Academy (VPA) vouchers for our staff.
We are fully committed to investing in our people to ensure total compliance with the Nigeria Data Protection Act (NDPA) 2023.
To turn our discussions into immediate action, we have established a joint NCX-NDPC working group to co-develop a seamless data compliance roadmap.
Together, we are safeguarding our ecosystem and creating a secure environment for global investment.
Energy and agriculture are two halves of the same coin when it comes to national development.
Today, we signed a landmark MoU with the @TheREANigeria, led by Managing Director @abbaaliyu_ , to deploy renewable energy across various agro-industrial clusters and formalize commodity trade nationwide.
For the @ncxnigeria ecosystem, this is a massive step forward. Integrating clean energy into our value chain means drastically reduced post-harvest losses, optimized storage quality, and seamless local processing.
With this formidable partnership, we aren't just building a marketplace; we are building the infrastructure for a resilient, self-sustaining economy.
Building on the landmark joint venture agreement initiated at the Intra-African Trade Fair (IATF), the Nigeria Commodity Exchange (NCX) yesterday hosted a strategic follow-up meeting with representatives from the African Export-Import Bank (@Afreximbank).
Discussions centered on the formal establishment of the National Export Trading Company—Nigeria's first dedicated export trading entity, driven by Afreximbank’s African Trade and Distribution Company (ATDC) framework.
To fast-track this milestone project, both teams focused on harmonizing existing institutional structures and aligning operating models.
Once fully operational, the National Export Trading Company will serve as a powerful catalyst for Nigeria’s trade ecosystem. By aggregating value-added agricultural and industrial goods, streamlining logistics, and unlocking structured access to regional and global markets under the AfCFTA, this partnership is set to transition Nigeria from a primary exporter of raw materials to a dominant hub for high-value finished products.
Together, we are securing the value chain and positioning Nigerian commodities at the forefront of global trade.
#NCX #Afreximbank #ATDC #IntraAfricanTrade #AfCFTA #ExportTrading #ValueAddition #EconomicGrowth #Nigeria
During our strategic engagement in Taraba State, the Nigeria Commodity Exchange (NCX) delegation took a moment to tour the impressive Taraba Greenhouse facility in Jalingo.
Seeing modern agricultural technology deployed at this scale is incredibly inspiring. The facility stands as a brilliant testament to how precision farming, climate-smart infrastructure, and modern technology can drastically increase yields, protect crops, and ensure a steady, year-round food supply.
At the Exchange, our objectives extend beyond just trading; we are deeply committed to the standardisation, quality preservation, and consistent supply of commodities.
#NCX #TarabaState #AgriculturalInfrastructure #EconomicTransformation #CommodityExchange #FoodSecurity #NigeriaForward
As part of ongoing efforts to implement the objectives of the Presidential Renewed Hope Infrastructure Development Fund (RHIDF) in advancing food security, agricultural industrialization, and rural economic development, a high-level delegation from the Nigeria Commodity Exchange today visited the strategic agrarian community of Garba Chede in Bali Local Government Area of Taraba State.
The visit represents a critical milestone in the NCX’s broader initiative to establish Commodity Aggregation Hubs across Nigeria’s geopolitical zones.
These hubs are envisioned as integrated agricultural and trade infrastructure platforms that will connect rural producers to structured markets, improve value chain efficiency, enhance storage and logistics, and stimulate inclusive economic growth.
Yesterday, I led the Nigeria Commodities Exchange (NCX) management team on a strategic visit to His Excellency, Governor @GovAgbuKefas of Taraba State.
Taraba occupies a unique position in Nigeria’s agricultural landscape, and our discussions focused on creating a structured, transparent, and highly efficient marketplace for the state’s abundant commodities.
By aligning the NCX’s infrastructure with the Governor's vision for economic transformation, we are aiming to empower smallholder farmers, enhance food security and drive investments into our sub-nationals as part of the Renewed Hope agenda of President Bola Tinubu.
We are excited about the prospect of this collaboration. When we bridge the gap between the farm gate and the global market, we don’t just trade commodities— we build prosperity for our rural communities.
It was an honor to join the Honorable Ministers of Agriculture (@SenatorAKyari) and State for Industry @OwanEnoh, along with key regional stakeholders, at the Global Shea Alliance 2026 in Ghana this past week.
Our discussions centered on a unified mission: aligning policy, finance, and markets to create a sustainable and competitive shea value chain.
By driving coordinated action, we are positioning Nigeria to lead in the global market while empowering local producers and strengthening Africa’s industrial footprint.
The future of Shea is collaborative, and Nigeria is ready to take the lead.
This past week, I met with Dr. Matthias Leder, CEO/President of the Giessen Chamber of Commerce, to discuss the transformative potential of a strategic partnership between the @ncxnigeria and the Chamber.
Our conversation centered on building sustainable bridges for trade and innovation, focusing on:
- Expanding Reach: Strategies to export high-quality Nigerian commodities into South American and European markets.
- Driving Innovation: Facilitating technology transfer to boost local productivity and value chains.
- Gateway to Africa: Leveraging Nigeria’s unique position as a premier commercial hub for the broader African market.
Collaborations like these are essential to driving economic growth and creating global value. Looking forward to the incredible opportunities this partnership will unlock.
OFFICIAL: The Honourable Minister of @fmitiofficial, Dr @joduwole has today inaugurated the newly appointed board members of the Nigerian Commodity Exchange.
We appreciate the support and collaboration of the @Yapppip01 team and look forward to working together to deepen commodity market participation in Nigeria.
I’m pleased to share that the Nigeria Commodity Exchange (@ncxnigeria) has formalized a partnership with the Yobe State Government through the signing of a Memorandum of Understanding (MoU) with @Yapppip01.
At the Nigeria Commodity Exchange (NCX), we believe that the heart of the market lies in the hands of the people who produce the wealth of the land.
In continuation of our ongoing partnership with the Yobe State Government, our team recently sat down with the Yobe State Agency for Public-Private Partnership and Investment Promotion (YAPPPIP) for a productive familiarization session in Damaturu.
This wasn’t just a boardroom meeting; it was a conversation about the future of the Yobe farmer. We spent time discussing how we can bridge the gap between the hard work on the field and the rewards of the marketplace.
#NCXInYobe
Following the milestone opening of our Makurdi office, the NCX leadership team, led by MD/CEO @aatuche, has arrived in Damaturu for Day 1 of a 3-day working visit to Yobe State.
Yobe remains a cornerstone of Nigeria’s commodity landscape, boasting high-quality agricultural produce that is vital to national and international markets. Our delegation is currently engaging with the Yobe State Agency for Public Private Partnership and Investment Promotion
to finalize frameworks for cooperation.
This partnership aims to:
✅ Modernize commodity trading via the NCX platform.
✅ Enhance market access for Yobe’s abundant farm products.
✅ Drive state-wide economic growth through structured investment.
Stay tuned as we continue this 3-day mission to unlock the agricultural potential of the Northeast.
#NCX #YobeState #Agribusiness #CommodityTrading #EconomicGrowth #YAPPIP
PRESS RELEASE
NCX Establishes Strategic Presence in Benue State to Transform Agricultural Value Chain
In a landmark move to modernize commodity trading and bolster food security, the Nigeria Commodity Exchange (NCX) officially commissioned its first operational office in Makurdi, Benue State, over the weekend.