| The Nigerian Sovereign Investment Authority (NSIA), managers of the nation’s Sovereign Wealth Fund (SWF) has expressed interest in reviving the country’s Commodity Exchange, a process which government authorities estimate could cost as much as $20 million.
The government has scheduled the comatose Abuja Securities and Commodity Exchange (ASCE) for privatisation, but the NSIA and industry experts fear that selling the company at its present state would come at a loss, since the assets are almost worthless...............................................Full Article: Source
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