TenTrade considers Nigerian office expansion, unveils trading incentives

TenTrade has expressed plans to establish a second office in Nigeria, potentially in Abuja, as the financial trading company seeks to expand its presence in the country.

The company’s Chief Revenue Officer, Andreas Andreou, disclosed this during its ‘One Community, One Future 2026’ event in Ikeja, Lagos, on Saturday.

Mr Andreou said the company was considering opening another office outside Lagos, adding that TenTrade already has a presence in Nigeria, Ghana, Kenya, South Africa, Vietnam, Pakistan, Bangladesh and India.

“I’m more than confident, so we seem to also open up a second office here in Nigeria. Obviously, not in Lagos, we’ll probably be looking in Abuja or something like that,” Mr Andreou said.

He also announced a 20 per cent discount on all funded accounts, including TenEdge and TenExpress accounts, for traders on the platform.

Speaking at the event, Wilfred Obasi, TenTrade’s Regional Director for Africa, encouraged traders to reinvest their earnings and grow their capital through compounding.

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He said traders should build their capital over time, adding that the company offers different account types to accommodate traders with varying needs.

Also speaking, Kehinde Shogeke, TenTrade’s Sales Team Lead, outlined the company’s bonus account offerings, including a 30 per cent starter bonus and a trading boost bonus advertised at up to 200 per cent.