MBA, Fintec, AFX UK moves to deepen Forex Market in Nigeria

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MBA, Fintec, AFX UK moves to deepen Forex Market in Nigeria vanguardngr.com vanguardnews

Leading foreign investment firm, MBA Forex International, its partners AFX Group UK and Fintec Global Markets have partnered to deepen the forex market in giving a robust platform, security of funds and get the naira quoted in the forex market.

According to him, many Nigerians were still facing instability with their funds. Nigerians are hungry for a change in their finances and stability of their funds. We want to change the narrative and horrible experiences. He said, “The financial world is changing and there are lots of opportunities that Nigerians can explore. Most of the brokers operating in Nigeria are not regulated and this has made a lot of people to get the wrong information and act wrongly.“The whole world is in some sort of recession. There is a trade war which is a global business world war. It involves the financial institutions of some countries trying to destroy another country using the financial sectors.

He said to keep risk level minimal and to control people’s investment, government has to come in, saying that “If people see government involvement in it they will want to come in because the regulatory body can stand as the middle man between the broker and the investors and the regulatory body will ensure also that the brokers do not use investors money to run their own personal affairs.

On his part, Mr Claude Havard noted that investors’ money can only be protected better by government regulatory body to ensure a stable and fraud-free market.

 

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