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Members

The Securities and Exchange Commission undertakes the responsibility of regulating the activities of the Exchange. The commission performs these regulatory activities to protect investors and market operators to ensure market integrity. Regulation is carried out through the deployment of the following tools: registration of securities and market intermediaries to ensure that only fit and proper persons / institutions can operate in the market, onsite or off-site inspection, audits of market, surveillance over exchanges and trading systems to forestall breaches of market rules as well as deter and detect manipulations and trading practices which can cause market disruption.

The central securities depository is a technology company that operates a computerized depository, clearing, settlement, and delivery system for transactions on the The Central Securities Clearing System Plc (CSCS) is currently the CSD of the Lagos Commodities and Futures Exchange. CSCS is the Central depository for spot contract receipt and securities of companies listed/quoted on the platform of the LCFE, Sub-registry for all quoted securities (in conjunction with registrars of quoted companies), clearing and settlement of transactions.

These are financial institutions responsible for the acceptance of registration and trading monies from aggregators, investors, and other participants in respect of spot transactions and securities offers. They also perform other services ancillary to the function. Wema Bank Plc and Heritage Bank Plc are the registered settlement bank of the LCFE.

These are institutions registered by the commission to carry out the following activity on the Exchange; issuance of credible Warehouse receipts and other necessary arrangements for commodity financing, provision of quality warehousing services involving storage and preservation of commodities, stock audit, evaluation, & verification services, and providing enabling arrangements for collateral commodity financing.

The clearing partner of the LCFE are clearing members who acts in relation to effecting clearing and settlement of derivatives transactions on the Exchange. NG Clearing Nigeria Plc has been engaged by the LCFE to perform this service.

Products traded on the Exchange must comply with set grades and specification. To ensure compliance to these rules, the Exchange have engaged companies like COTECNA SA to carry out such functions.

Rating Agencies play a critical role in the ecosystem. They perform the following function: provision of credit ratings to companies and government establishment, provision of ratings to the debt Instruments, rating of the credit worthiness of Entities/Securities, and other services ancillary to the function.

These are companies incorporated and registered with the Securities and Exchange Commission and has been issued a license to deal in commodities and other securities listed on the exchange. Currently the Exchange has over 30 Dealing Member Firms registered.

These participants have the following functions; provision of financial advisory services for companies and issuers of securities under the relevant provisions of the Act, CAMA or any other law, acting as agent of issuer for purposes of issuances of securities and schemes under the relevant provisions of the Nigerian law, co-ordinating activities of other professionals and parties to an issue, preparing the prospectus, registration statement and other transaction documents. Currently the list of registered Financial Advisers include GTI Capital Ltd, Kedari Capital Ltd, Stethnic Finance etc.

These are registered brokers of the Exchange who shall have the following functions: sale and purchase of commodities and securities on behalf of his clients, work with other capital market operators in the raising of capital for an Issuer, and provision of relevant financial information/research for its client.

  1. Oshin Olumuyiwa Joshua
  2. Uko Chinkere
  3. Daniel Oluwagbemiga Johnson
  4. Nengi Isokari
  5. Lawal Abdullahi Lateef
  6. Allwell Umunnaehila
  7. Mohammed Olawale
  8. Owolabi Adeolu Olaniyi
  9. Tijani Adewale
  10. Kasali Rafiu Kayode
  11. Fatima Lawal
  12. Sule Teliat Abiodun
  13. Adedotun Temitope Omonijo
  14. Athanasius Chidike Ogbozor
  15. Anichebe Alphonsus Sunday
  16. Alade Osuntayo Abideen
  17. Iyala Apiribo
  18. Onoja Joseph Ameh
  19. Onalo Paul Ojomah
  20. Aletor Anthony
  21. Pius Nkemka
  22. Uche Ogechukwukamma Emmanuel
  23. Olajiga Afolabi Emmanuel
  24. Mbam Alfred
  25. Bashir Monsur Abolaji
  26. Okenwa Christopher Chukwuma
  27. Bello Jibril Muhammed
  28. Awoniyi Ganiyu Akanbi
  29. Ayodele Olurotimi Abiodun
  30. Osula Eniola Omowunmi
  31. Apena Yussuf Abiola
  32. Sidi Idris
  33. Modibo Yusuf Aliyu
  34. Ewhrubjakpor Irikefe Erics
  35. Ebosa Felix Omaretseyone
  36. Ewitat Josephine Aniema
  37. Adeyemi Oluwaseun
  38. Olaitan Stephen Sunday
  39. Adeniran Semiu Abiodun
  40. Bada Simibiat Mojisola
  41. Osomo Oluwaseun Tunbosun
  42. Peter Oko Oniga
  43. Nwakaego Ofili Agatha
  44. Habila Ezra Kaltungo
  45. Ambali Saidat Abiola
  46. Okafor Thompson Nnamdi
  47. Hassan Kehinde Akanni
  48. Azubuike Nkechi
  49. Eyitayo Bolaji
  50. Akadiri Olugbemi
  51. Rotimi Omowale
  52. Ifedayo Ige
  53. Chukwudi Nga
  54. Elile Olutimayin
  55. Ikechukwu Emodi
  56. Ikponmwosa Amadasun
  57. Christian Chukwudi Odiwe
  58. Asiotu Benjamin Ujiro
  59. Azeez Adenle
  60. Obiobanya Gregory Chiedu
  61. Ayoade Olumayowa Vincent
  62. Morayo Adebowale Adesanwo
  63. Akomolafe Olalekan Oluwakayode
  64. Iliyasu Isah Musa
  65. John Imonje Igbarumah
  66. Ifeyinwa Rita Ejezie
  67. Samson Enemali Amedu
  68. Nyemike Nwokolo Ogbechie
  69. Emmanuel Ode Okoh
  70. Anthony Odigie Eviebor
  71. Elohor Elizabeth Akpejunor
  72. Maduka Ogbonnaya Agu
  73. Andrew Akpavan Tsaku
  74. Oladipupo Christain Olomofe
  75. Efiong Asuquo Osukodoho
  76. Oyewole Oyeniyi
  77. Anthony Bethram-Okon
  78. Oladipo Moses Adeniran
  79. Sunday Olakanmi Osubo
  80. Gbenga Kayode Olubayode
  81. Muyiwa Adenola
  82. Oyintare Toun
  83. Fela Olasunkanmi Anfela
  84. Gbenga Mark Adeyemi
  85. John Oluwaseyi Oye
  86. Shehu Yakubu-Concern
  87. Oduneye Temitayo Olorunfu
  88. Bose Mary Henry-Jacobs
  89. Chima Chukwudi Ejide
  90. Anthonia Omolola Ogidi
  91. Emmanuel Ayokunle Adetolu
  92. Shonde Ifedayo Adegbenro
  93. Nelson Olaniyi Daramola
  94. Hakeen Olanrewaju Gbolahan Otiti
  95. Ibrahim Jibril
  96. Mudashiru Ademola
  97. Kazeem Wasiu Iyanda
  98. Farouk Dawaki Yakubu
  99. Esan Mascot Ogunjemiyo
  100. Olufemi Adekunle
  101. Samuel Adeniji Shojomoku
  102. Johnson Temitope Olajuyigbe
  103. Okpara Michael Ezeh
  104. Lawal Abdullahi Lateef
  105. Oladele Adebayo Johnson
  106. Adebola Abass Jabar
  107. Johnson Oluruntele Awofeko
  108. Nkechi Oli Akuegbu
  109. Ayodele Samuel Akinwunmi
  110. Nathaniel Osayomwanbo Ogbebor
  111. Olumuyiwa Micheal Adeyemi
  112. Rashidat Oluwakemi Ogunsola
  113. Rafiu Idowu Afolabi
  114. Oluyinka Adeoye Ogunnaike
  115. Yahaya Victor Ibrahim
  116. Dansuleiman Apeh
  117. Adebukola Aderonke James-Cole
  118. Adijat Olaide Omotoro
  119. Ngozi Joy Nwaezeigwe
  120. Shuaib Olamide Bakare
  121. Simeni Gabriel Eneyi
  122. Abiola Titilayo Macaulay
  123. Eniola Morenike Anako
  124. Helen Ifeacho
  125. Gideon Ate Atim
  126. Dr. Adebola Nurat Akinlabi-Babalola
  127. Kazeem Olatunji Awodun
  128. Innocent Chukwunweike Ike
  129. Anthony Akanmu Owolabi
  130. David Ayanniyi Ayano
  131. Vanessa Ijeoma Amaechi
  132. Ugochi Ulunma Nnodi
  133. Jimoh Lateef Olanrewaju
  134. Dr. Sunday Mlanga
  135. Temitope Olusola Apalowo
  136. Chinyere Esther Ndife
  137. Gbewato Sunday Amosu
  138. Chete Nwaeze
  139. Kareem Wasiu
  140. Bili Balogun
  141. Karina Mac-Yoroki
  142. Felicia Ifeoma Adaora Ezeonwu
  143. Ipalibo Basoene Harry
  144. Egberi Augustine Edafieke
  145. Michael Adeyemi Olumuyiwa
  146. Rashidat Oluwakemi Ogunsola

Storage facilities are critical structural assets needed for the success of the ecosystem. Companies and Individuals who own these facilities are essential stakeholders who provide storage for the commodities that will be traded on the Exchange. Companies like Flux Logistics, GMC Logistics etc are partners of the Exchange.

These are companies involved in the business of commodities trading. They are bulk buyers and sellers of commodities (agricultural, solid minerals, oil & gas).

These are companies involved in the business of commodities trading. They are bulk buyers and sellers of commodities (agricultural, solid minerals, oil & gas).

These are institutions who holds securities/assets on behalf of known investors but whose name appears on the issuers register as a fiduciary nominee for the benefit of the investor and who operates a system of central handling of securities of a particular class of an issuer deposited within its system and may be transferred, loaned or pledged by bookkeeping entry without physical delivery of certificates.

The Registrar performs the following functions, maintain the register of members of a company and unit holders of securities and effecting appropriate changes in the register, issuing securities/note certificates, return surplus monies and monies for rejected applications, preparing and dispatching interest and any other function ancillary to all the above

The trustee monitors the activities of the fund manager and custodian on behalf of and in the interest of note holders, ensuring that the custodian takes into custody all the assets and holds it in trust for the holders in accordance with the Trust Deed and Custodial agreement, monitors the register of note holders and every other services ancillary to their function.

These are companies authorised and appointed to review and verify the accuracy and financial records of issuer companies.

The companies help develop the ecosystem by providing safety and security to transactions on the Exchange. They eliminate the uncertainties of the trading business and provides cover for contingencies.

The companies help develop the ecosystem by providing safety and security to transactions on the Exchange. They eliminate the uncertainties of the trading business and provides cover for contingencies.

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