Admirals has expanded its offering of platforms and financial services in Africa by opening a new branch office in Nigeria. The broker aims to strengthen financial literacy in Nigeria by providing educational materials.

Global retail multi-asset broker Admirals, has expanded its range of products and services by opening a new branch office in Nigeria and introducing a wide range of financial service offerings available to Nigerian traders. The attractive offer includes Indices, Metals, Energies, Stocks, Bonds, Crypto Stocks, Forex, and CFD trading.

Admirals

Admirals sees Africa as a great opportunity to continue its geographic expansion while recognizing how local markets perceive its product offerings and the unique selling proposition it can offer. The broker aims to strengthen financial literacy in the Nigerian region by providing educational materials such as courses, webinars, seminars, and e-books.

This latest launch comes months after Admirals was licensed to offer CFD execution and equity options trading in South Africa and operate an online non-dealing forex trading brokerage in Kenya. The MetaTrader-only broker with branches in Cyprus and South Africa have agreed to acquire Seychelles-based securities dealer Aglobe Investments Limited.

The new company is headquartered in Cape Town. The broker offers CFDs and equity trading but plans to launch more products under this South African license. 

Davies Babalola, Sales Manager and Team Leader, Admirals Nigeria, commented, "We reaffirm our aim to enable traders to safely participate in online forex trading in developing countries and diversify their investment portfolio with customized solutions."