Yes, Forex trading is legitimate in Nigeria. The foreign exchange market is a globally recognized financial market where currencies are traded. In Nigeria, like in many other countries, Forex trading is regulated by relevant financial authorities.

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The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) are the primary regulatory bodies overseeing Forex activities to ensure fair and ethical practices within the country. Individuals and organizations in Nigeria can participate in Forex trading through authorized brokers and platforms.

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However, it's important for traders to choose reputable and regulated brokers to safeguard their investments. As with any investment, understanding the risks and conducting thorough research is crucial. It's advisable for aspiring Forex traders in Nigeria to educate themselves, seek guidance, and only invest what they can afford to lose.

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