Forex session times in Nigeria explained (Wellington, Sydney, Tokyo, London, New York) - Page 2

@kehinde - 3 months ago

Always use the time zone that matches that of London. From the last Sunday of March till the first Sunday of November, Nigeria & London have the same time zone which is UTC +1 due to daylight savings time coming into effect. So this makes it easier to know when each session is starting. That is why @yokoyi used UTC+1 time zone.

But, outside the periods I just mentioned above, London time will fall behind Nigerian time by 1 hour (due to daylight savings time coming to an end), so you in Nigeria should simply add 1 hour to the session open and close times.

So, if London is in UTC time zone we convert the session timings to UTC and right now London is in UTC+1 time zone so we just use the session time as it it shown here

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@godswillfx - 3 months ago

Quoted - obinna

@godswill but why are you using UTC time zone? I thought Nigeria is in UTC+1 time zone?

Nigeria is indeed on WAT (UTC+1) year round.

I use UTC because it's the global standard in forex and index trading (like DAX). Market open times, sessions, and economic releases are almost always quoted in UTC to avoid confusion from different time zones or DST changes.

However, always convert key times to your local WAT for convenience (just add 1 hour).

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@godswillfx - 3 months ago

Quoted - segun_33

Always use the time zone that matches that of London. From the last Sunday of March till the first Sunday of November, Nigeria & London have the same time zone which is UTC +1 due to daylight savings time coming into effect. So this makes it easier to know when each session is starting. That is why @yokoyi used UTC+1 time zone.

But, outside the periods I just mentioned above, London time will fall behind Nigerian time by 1 hour (due to daylight savings time coming to an end), so you in Nigeria should simply add 1 hour to the session open and close times.

Use UTC+1 (WAT) as your fixed base all year. It matches London perfectly from 29 March to 25 October 2026 (BST period). Outside that window, just subtract 1 hour from listed London session times instead of adding.

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@koms55 - 2 months ago

Quoted - yokoyi

7. New York ( 1 pm -9 pm)

The New York forex session in Nigeria starts from 1 pm and ends by 9 pm UTC+1 time. Between the hours of 1 pm and 4 pm, the New York session coincides/overlaps with the London session creating a burst of liquidity. New York session is best for Nigerian traders to trade XAU/USD, US Indices like Nasdaq, USD FX pairs, etc.

Thanks for the enlightenment.

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