Economy
No Deposit Bonus in Nigeria
Engaging in Forex trading with little or no upfront financial commitment is a desirable opportunity for many traders. This intriguing possibility is realized with Nigeria’s no-deposit bonus. Understanding this financial incentive can elevate your trading strategies and significantly impact your profit margins.
Traders Union explained the no deposit bonus in Nigeria and provided a comprehensive guide for seasoned traders and novices to decipher this financial lure and make informed decisions.
What is a Forex Bonus?
According to TU experts, a Forex bonus is free funds a broker gives to a trader under certain conditions. Often, registration and personal data confirmation suffice to qualify for these bonuses. A no-deposit bonus in Nigeria is among the enticing incentives brokers use to attract clients, adding substantial values up to 120% of the deposited amount to the trader’s account. While this system increases the brokers’ clientele and income, traders with limited budgets can afford higher bets, enhancing their profit margins.
Advantages and disadvantages of Forex no deposit bonus
As per TU experts, the no deposit bonus Forex has distinct pros and cons that traders must carefully weigh.
Advantages:
- It allows traders to earn in the foreign exchange market without depositing personal funds.
- Novice traders can gain basic trading skills without risking their budget.
- Free funds are helpful in studying the Forex market and the broker’s trading platform.
- Competent and patient traders can earn substantial capital without personal investments.
Disadvantages:
- In most cases, the no-deposit Forex bonus cannot be withdrawn in Nigeria.
- Withdrawal is typically allowed after large trading volumes, which is hard for beginners.
- For infrequent traders, this bonus does not provide significant advantages.
- The broker can withdraw the bonus at any time without warning.
Can I withdraw my Forex bonus in Nigeria?
TU experts elaborate that withdrawal conditions for Forex bonuses in Nigeria vary based on the broker’s policies. For instance, RoboForex’s Forex welcome bonus cannot be withdrawn but can be used in trading. The profit earned using this bonus is withdrawable. Similar terms apply for other bonuses RoboForex offers, including their 120% deposit bonus and 60% deposit bonus.
How to choose a Forex bonus in Nigeria?
Choosing a Forex bonus in Nigeria can be tricky and requires a careful analysis of multiple factors, as the TU experts suggest. These include understanding the preconditions for bonus receipt, the compatibility of different bonus types, a thorough study of the bonus terms and conditions, considering regional restrictions, and analyzing various companies offering brokerage services in Nigeria.
How to choose the most profitable Forex bonus?
Choosing the most profitable Forex bonus involves analyzing the terms and conditions carefully. A Forex welcome bonus in Nigeria, despite requiring a deposit, can be more beneficial than a no-deposit bonus. The Traders Union rating can be a valuable tool for this comparison.
Best Forex bonuses in Nigeria
According to TU experts, some of the best Forex bonuses in Nigeria are offered by:
- RoboForex: This broker is regulated and offers a welcome bonus of $30, with an initial deposit of $10 required.
- TeleTrade: A regulated broker, TeleTrade offers a generous welcome bonus of $1000, requiring a matching deposit.
- InstaForex: InstaForex, another regulated broker, provides a no-deposit bonus of $2000.
- XM: XM offers a no-deposit bonus of $30 and follows regulations strictly.
- Tickmill: Tickmill, a regulated broker, provides a no-deposit bonus of $30.
In addition, Traders Union has also published the Mindful Trader reviews. Mindful Traders has several advantages and disadvantages which affect traders’ trading. To read an insightful and comprehensive Mindful Trader review, visit the official website of Traders Union.
Conclusion
Understanding and choosing the right Forex bonus in Nigeria can be a game-changer for traders. Traders can maximize their profits by carefully evaluating the pros and cons, reading the terms and conditions, and leveraging platforms like Traders Union. To learn more about the best Forex bonuses and to keep yourself updated with market trends, visit Traders Union’s official website. Your trading journey awaits you with exciting possibilities.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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