A first LiteForex representative office is open in Africa

LiteForex group of companies representative office was open as it was planned in the context of market development of Forex trading accommodation in the Africa region.
By: LiteForex Business Group
June 3, 2009 - PRLog -- The first official LiteForex group of companies representative office in Africa started functioning this May in Nigeria, that is one of the largest countries of the region.

“Company development plans in the Africa area were made public as early as may 2008”, director-general of the “Trend Line” LLC, representing LiteForex in Russia and Baltic States area, Yuriy Voloshin comments. “Thus Nigeria representative office opening is a planned step towards new market development in the Africa area. By the time of the representative office opening we have gained a considerable experience in working with clients living in this country and in working partnership with Nigeria business circles. In this February we have completed a partnership agreement with Success Attitude Development Centre (SADC). The main aim of this not-for-profit nonstate organization is to support private enterprise development in Nigeria.”

According to LiteForex group of companies representative a choice of the country was based on an active economic development of the republic (today Nigeria is one of the leading petroleum producers in the world, has an enormous gas supplies which the country has recently started to exploit, and can almost completely provide itself with food), strong business undertakings existence and a large home market. One of the key index in favour of the office opening is a high trader activity of LiteForex group of companies’ clients living in Nigeria. According to corporate analytics Nigeria is the third country in the quantity of traders working with LiteForex.

«HighestBidder» company is a Nigeria LiteForex representative, the head of it is Mr. Ayobami Taiwo Nurudeen. A representative office is situated in Ibadan, the third largest city in Nigeria after Lagos and Kano. Its population is 2,5 million people.
Representative office address:

HighestBidder Company Limited
3rd Floor, Cocoa House Complex
Dugbe Ibadan,

Today LiteForex group of companies has representative offices in 8 countries including Russia, Nigeria, Malaysia, Cyprus, Brazil, Iran, Latvia and Ukraine; 3 branches in Russia: Moscow, Saint-Petersburg, Vladivostok; and an exclusive operator office in Kaliningrad.
LiteForex group of companies web-site is available for users in 13 languages: Russian, English, German, French, Spanish, Portuguese, Arabic, Chinese, Hebrew, Persian, Malayan, Japanese and Greek.

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About the company:
Straighthold Investment Group, Inc., along with United World Capital, Ltd., are presented under the well known LiteForex trade mark and thus are the part of the LiteForex group of companies. Placing financial active assets on the Forex international currency market, on world Stock Markets, on precious metals and Futures markets as well as providing brokerage services are among the basic activity directions of the LiteForex group of companies.

LiteForex company website – www.liteforex.org
Tags:Forex, Broker, Nigeria, Regulated, Trading
Industry:Forex, Investments, Trading
Location:limassol - limassol - Cyprus
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