Global Fintech Player Admirals Opens New Office in Nigeria

May 1, 2023
Admirals Nigeria

By Modupe Gbadeyanka

The financial technology (fintech) space in Nigeria is getting more robust with the coming of a global player, Admirals, into the market, giving consumers different options.

The firm launched its Nigerian office at an event held in Lagos over the weekend.

The Africa Director for Admirals, Boriss Gubaidulin, while speaking at the programme, said, “We are extremely thrilled to have opened another hub in the African continent.

“Our end goal remains the same, and that is, enhancing financial accessibility and literacy for traders in the local region by providing them with strong financial services and support. Being a well-regulated and renowned fintech company, we plan to expand our conventional trading by granting access to international financial markets and educational resources in Nigeria.

“Admirals is looking forward to helping the growth of our traders, investors, partners and anyone who is interested in expanding their financial knowledge.”

Business Post gathered that Admirals is offering Nigerians a wide range of financial products and services like trading with stocks, forex and CFDs on indices, metals, energies, stocks, bonds and digital currencies, as well as boosting financial literacy in the region with the help of its educational materials such as courses, webinars, seminars, e-books to name a few.

The organisation is a leader in the fintech industry with 22 years of experience and expertise, and it aims to further position itself as a major financial services provider on the African continent.

At the unveiling of its services in Lagos, the Nigeria Manager and Sales Team Lead for Admirals, Davies Babalola, the company explained it came to the country after receiving “significant traction from traders in Nigeria.”

“With this launch, we are reiterating our goal to allow traders to safely engage in online forex trading in developing countries and diversify their investment portfolio with our tailor-made solutions,” Babalola added.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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