By Gladys Nweke
A Forex trading company in Port Harcourt, XimaFX, has started the refund of capital to its investors. This comes after the company had some challenges orchestrated by the pandemic which led to it temporarily shutting down business activities.
Now, the company has embarked on massive refund of investors capital.
It was gathered that the company which has other branches in Lagos, Delta, Akwa Ibom and Abia states, is still in business and thriving with the prompt payment of a 15 per cent ‘Return on Investment’ (ROI) to investors. This would be the first Forex trading company to refund capital to its investors.
Speaking to our correspondent, a staff who pleaded anonymity confirmed to our correspondent that the Port Harcourt office is temporarily closed pending when the refund will be completed.
This is being seen as a novel practice in such market space. The source further stated that the company which began the refund of capital is fully back and operational in all its branches across the country.