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Thought Leaders

AFEN Blockchain Group Set to Develop Key Areas of the African Continent

  • The introduction of blockchain-based solutions could catalyze the growth of the region’s dwindling economy.
Monday, 23/08/2021 | 14:36 GMT by Finance Magnates Staff
Analysis

Africa – The Land of Future Opportunities?

  • Although not fully regulated, Africa is growing in size on the map of FX/CFD brokers.
Wednesday, 18/08/2021 | 09:19 GMT by Sylwester Majewski
Thought Leaders

FBS Introduces Fix Rate for Nigerian Traders

  • The currency exchange rate is always fixed when making deposits: 1 USD = 400 NGN.
Monday, 16/08/2021 | 10:20 GMT by Finance Magnates Staff
News

Nigerian Police Arrest Brisk Capital CEO for Alleged $4M Investment Fraud

  • The Commissioner of the Special Fraud Unit of the Nigerian Police Force said that Dominic Joshua confessed to the crime.
Tuesday, 25/05/2021 | 22:39 GMT by Felipe Erazo
Regulation

Nigeria Did Not Ban Crypto: Official Clarifies on Earlier Order

  • Banks and other financial institutions are barred from serving crypto companies.
Monday, 22/03/2021 | 09:12 GMT by Arnab Shome
News

Crypto Scams Are Going Rampant in Nigeria

  • Scammers are targeting people on Instagram, promising high returns on crypto investments.
Thursday, 04/03/2021 | 08:28 GMT by Arnab Shome
Regulation

Nigerian SEC Scraps Plan for Crypto Regulation after Central Bank Ban

  • The market regulator was running a sandbox for crypto companies.
Friday, 12/02/2021 | 11:05 GMT by Arnab Shome
News

Nigerian Crypto Ban Creates Confusion among Local Traders

  • The country’s crypto community is now running campaigns on Twitter against the order.
Monday, 08/02/2021 | 10:13 GMT by Arnab Shome
Brokers

FinaCom Adds Nigerian Broker Eagle Markets, Certifies TitanFX Execution

  • The FinaCom’s assessments depend on VerifyMyTrade, a post-trade solution that measures the execution quality of FX trades.
Tuesday, 02/02/2021 | 17:32 GMT by Aziz Abdel-Qader
News

What Does Nigeria's Proposed Crypto Regulation Mean for Crypto in Africa?

  • While no details on the specifics of the regulations are available yet, the new rules could have big implications.
Wednesday, 16/09/2020 | 09:41 GMT by Rachel McIntosh
Thought Leaders

Why Nigeria Is Becoming Africa’s Fastest Growing Forex Trading Nation

  • One of the forex market’s most attractive aspects is that it provides opportunities for novice and professional traders.
Wednesday, 05/08/2020 | 10:27 GMT by Finance Magnates Staff
Exchanges

CEO of NSE: Investors Enjoy Equities Market Success Amid COVID-19

  • Oscar N. Onyema, has detailed some of the Nigerian Stock Exchanges efforts during COVID-19.
Tuesday, 26/05/2020 | 06:28 GMT by Celeste Skinner
Payments

Binance-Backed Payments App Goes Live in Nigeria

  • The platform allows users to request, send, and receive cash or crypto from their peers.
Thursday, 23/04/2020 | 09:51 GMT by Arnab Shome
Thought Leaders

ATFX Presents at International Forex Expo in Nigeria

  • The event was a first for ATFX in West Africa this year and we were pleased to see huge interest
Wednesday, 05/02/2020 | 11:30 GMT by Sponsored
News

Scammers Gonna Scam: Paxful CEO Speaks on Nigerian Controversy

  • Paxful was recently accused of unfairly blocking the accounts of Nigerian users. Ray Youssef tells Paxful's side of the story.
Monday, 22/04/2019 | 09:07 GMT by Rachel McIntosh
Exchanges

Nasdaq & NSE Ink Tech Agreement for Equities and FI Markets

  • NSE will continue to utilize Nasdaq’s matching engine technology for its equities and fixed income markets.
Thursday, 20/12/2018 | 07:41 GMT by Celeste Skinner
News

Coinfirm of London Launches Anti-Fraud Blockchain in Nigeria

  • The initiative, launched in partnership with the KAD ICT Hub will run education courses for 12 months.
Thursday, 11/10/2018 | 12:07 GMT by Simon Golstein
News

Nigeria Warns of Bitcoin, Ripple, Monero, Litecoin, Dogecoin, and Onecoin

  • The Nigerian central bank called on financial institutions to put effective anti money laundering and terror financing controls.
Wednesday, 18/01/2017 | 10:28 GMT by Avi Mizrahi
Investing

Nigeria Strengthening Fintech Space with Investments in Mobile Payments

  • An increasing reliance on mobile payment technology is helping propagate start ups and investment in Nigeria.
Monday, 02/01/2017 | 14:59 GMT by Jeff Patterson
Blogs

How to Domesticate International Financial Markets

  • Domesticated markets enable traders to utilize a respective national currency as opposed to a foreign alternative.
Thursday, 15/12/2016 | 16:42 GMT by Ana Grasic
Analysis

Nigeria, Thailand and Egypt Among Top Sources for International FX Traffic

  • Finance Magnates Intelligence Department presents the top sources for brokers' English sites including a few surprising markets.
Tuesday, 08/11/2016 | 07:59 GMT by Avi Mizrahi
Execution

Thomson Reuters Launches FX Central Limit Order Book in Nigeria

  • The launch of Thomson Reuters’ CLOB in Nigeria will help drive one of the fastest growing markets on the African continent
Monday, 17/10/2016 | 18:19 GMT by Jeff Patterson
Prime Brokerage

Central Bank of Nigeria Suspends 9 Banks from Forex Market

  • CBN suspended the banks from the interbank currency market for failing to remit money owed to the government.
Wednesday, 24/08/2016 | 11:36 GMT by Finance Magnates Staff
Execution

Nigeria Central Bank and Citibank Launches FX Futures Contracts

  • The Nigerian Central Bank is looking to firm up its exchange rate with the USD, introducing FX futures contracts.
Wednesday, 29/06/2016 | 17:31 GMT by Jeff Patterson
Blogs

Banking Policy Changes Stifle FX Trading in Nigeria

  • The launch of new policies discourages deposits and bank wires are no longer possible, complicating trader's account funding mechanisms.
Monday, 21/09/2015 | 16:01 GMT by Guest Contributors
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