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Nigeria
Mastering Forex Trading Psychology
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Sandbox (SAND): The complete guide
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Accessing Wealth-Creation Opportunities Through Market Volatility
Thought Leadership
Mastering Forex Trading Psychology
Education Center
The Complete Guide to Yield Farming
Education Center
Sandbox (SAND): The complete guide
Education Center
Accessing Wealth-Creation Opportunities Through Market Volatility
Thought Leadership
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FinTech
Fintech PocketApp Gets AIP for Nigeria's Apex Bank’s MMO License
PocketApp just rebranded from Abeg.
MMO license is a permit to create and manage digital wallets and issue electronic money.
Monday, 27/06/2022 | 20:38 GMT
by
Solomon Oladipupo
Analysis
Retail FX
Analysis
Lack of Regulation: Are Online Forex Traders Safe in Nigeria?
Nigeria is the second largest retail online forex market in Africa.
But, the absence of specific regulations means traders remain somewhat 'vulnerable'.
Wednesday, 15/06/2022 | 11:17 GMT
by
Solomon Oladipupo
Analysis
Payments
Analysis
Can Africa’s Telco Giants Disrupt Nigeria’s Payments Industry?
MTN Nigeria and Airtel Africa want to drive inclusion in Nigeria's payments industry.
Trust, adoption, and acceptance are some of the challenges on their way, experts say.
Thursday, 09/06/2022 | 15:07 GMT
by
Solomon Oladipupo
CryptoCurrency
Despite Implicit Ban, Nigeria Rules Crypto as Securities; Can It Stand?
Digital token issuers cannot raise more than N10 billion ($25 million) within a year.
Critics say rules harsh to local industry.
Monday, 16/05/2022 | 21:55 GMT
by
Solomon Oladipupo
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Regulation
Nigerian Regulator Defines Crypto as Securities, Clarifies Listing Rules
Exchanges in the country need to be registered with the regulator.
They need to obtain licenses for the issuance and transfer of securities.
Monday, 16/05/2022 | 07:04 GMT
by
Arnab Shome
Thought Leaders
5 Best Forex Brokers with a Naira Trading Account
Finding the right forex broker in Nigeria is a very important decision for any trader.
Tuesday, 10/05/2022 | 08:53 GMT
by
FM
FinTech
Nigerian Fintech Leaders React to Flutterwave Allegations
CEO Agboola was accused of insider trading, stock options fraud and sexual harassment.
US SEC declined FOIA request, report says
Thursday, 14/04/2022 | 06:15 GMT
by
Solomon Oladipupo
CryptoCurrency
Nigeria’s CBN Slams $2m Fines on Four Banks for Crypto Transactions
CBN spotted the transactions through its surveillance technology.
The sanctions come over a year after the implicit ban on crypto transactions.
Thursday, 07/04/2022 | 15:04 GMT
by
Solomon Oladipupo
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Thought Leaders
Kwakol Announces Exciting Developments for Traders & Affiliates
Kwakol Markets has obtained a FINTRAC license.
Thursday, 24/03/2022 | 08:53 GMT
by
Kwakol Markets
FinTech
Nigeria’s Fintech Firm Tingo Seeks to Raise $500 Million to Serve More African Farmers
Tingo wants to raise money to focus on farmers’ needs in Africa.
The fintech aims to address gaps in financing for those farmers.
Tuesday, 22/02/2022 | 06:55 GMT
by
Nicholas Otieno
News
Cryptocurrency Exchange Binance Restricts 281 Accounts of Nigerian Users
Nearly 38% of the accounts were restricted at the request of law enforcement agencies.
According to the exchange, it has resolved 79 cases.
Monday, 31/01/2022 | 09:15 GMT
by
Bilal Jafar
FinTech
PayedIn Launches Its Pay Solution App in Nigeria
The fintech firm aims to enable businesses to access efficient ePayment solutions.
Sunday, 30/01/2022 | 10:05 GMT
by
Nicholas Otieno
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Regulation
Nigerian SEC to Set Up a Special Division for Studying Crypto Investments
The purpose of the division is to assess all the aspects of the crypto investments to come up with regulations.
Friday, 03/09/2021 | 21:44 GMT
by
Felipe Erazo
News
Central Bank of Nigeria Sends Guidelines to Banks on CBDC Project e-Naira
The Nigerian central bank seeks to make e-Naira a legal tender for the country if tests are successful.
Monday, 30/08/2021 | 20:21 GMT
by
Felipe Erazo
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
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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
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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
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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
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