The Lagos Commodities and Futures Exchange (LCFE), in collaboration with the National Pension Commission (PenCom), hosted a landmark forum over the weekend to explore strategies for expanding investment opportunities in gold-backed securities through Nigeria’s commodities exchanges.
The event comes in the wake of the revised Regulation on Investment of Pension Fund Assets, issued by PenCom in September 2025, which now formally includes gold-backed instruments among approved pension fund investment options. This regulatory milestone marks a significant step in deepening capital market participation and fostering sustainable economic growth in Nigeria.
The forum brought together key stakeholders from Nigeria’s pension, financial, and commodities sectors to discuss the implications of the revised regulations and practical strategies for leveraging them. Discussions highlighted Gold-Backed Exchange-Traded Funds (ETFs) and other regulated commodities instruments as key tools to boost pension fund participation, strengthen market liquidity, and promote transparency and good governance across the commodities ecosystem.