FG to Train 100,000 Youths Annually in Forex Trading

In a bid to address rising unemployment and promote financial inclusion, the Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians annually in foreign exchange (forex) trading. The initiative aims to equip the youth with practical skills in global financial markets and create alternative income opportunities.

The agreement marks a significant step in leveraging digital finance and technology to empower the country’s growing youth population. Forex trading, which involves the buying and selling of currencies, has gained popularity in recent years, especially among tech-savvy Nigerians seeking flexible income streams outside of traditional employment.

According to government representatives, the training program will not only help reduce joblessness but also boost economic literacy and innovation. By targeting young people across different regions, the initiative hopes to cultivate a new generation of financially independent and economically active citizens who can contribute to national growth.

Investonaire Academy, the partnering institution, is expected to provide structured training modules, mentorship, and access to trading platforms. The Federal Government emphasized that the program would be monitored to ensure quality delivery and measurable impact, reinforcing its commitment to sustainable youth development and digital entrepreneurship.

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