The Federal Government of Nigeria has signed a strategic Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians every year in foreign exchange (Forex) trading.
The agreement, formalised in Abuja, aims to tackle youth unemployment while promoting financial literacy and inclusion.
The programme will equip participants with practical knowledge in Forex trading, risk management, and financial planning, enabling them to participate meaningfully in the global financial market.
Speaking at the MoU signing ceremony, the Minister of Youth Development described the initiative as a significant step in the Ministry’s drive to empower young Nigerians through capacity building, digital skills, and access to global opportunities.
He stressed that the training goes beyond financial gain, as it instills critical thinking and promotes economic self-reliance.
“In a period of economic uncertainty, this partnership offers a pathway to financial independence and resilience for our youth,” he said, noting that the government remains committed to measurable outcomes and real impact.
