General News
TP Global FX Equips Youths with Forex Trading Skills
TP Global FX has stated that it is ready to equip Nigerian youths with the right skill set and knowledge in forex trading to enable them gain financial freedom and help the economy grow.
The firm which held a 2-day summit to educate youths in Nigeria on Exportable Skillset such as Forex, noted that such knowledge can also lead to gainful employment and boost entrepreneurship in the country.
Chuks Obiri, the Country Manager, TP Global FX, said that their mission is to empower youths with skills that would help them earn much more because when they do, they can bring back the money to help the economy.
According to him, “We want to contribute our own quota to help the economy by educating them with exportable skillset. We are not asking them to bring too much money, we want to educate them on skills that they can export that will benefit them and grow the economy.
“Some people have this money but they don’t know what to do with it, hence our mission of educating them on how to make good use of their money, with available experienced people to teach.
“They can earn so much not from their capital but with the right skillset like Davido, Wizkid export their skills outside the country and they are paid for. We don’t need too much money, all we need from our youth is for them to come so we can teach them the right skillset so that we can export them.”
Obiri while educating the youths emphasised that there is need for every youth to learn exportable skillset which is the solution to the uncertain economy.
He further explained that the falling Naira versus the US dollars is affecting everyone, adding that every Nigerian needs to be empowered, be trained, be educated, “and have the right mind set and also embrace these solutions we are bringing for a better Nigeria.”
The Country Manager disclosed that supply and demand, government policies, lack of investors’ confidence, insecurity, government borrowing for personal expenses, and importation are the factors responsible for the naira decline.
He, however, faults Nigerian politicians for the scarcity of dollars, “The politicians are indirectly responsible for the scarcity of dollars in Nigeria because they have kept these dollars for long and bringing them out now to give to delegates.
“The hoarding of those dollars is the reason why it keeps skyrocketing. We want to contribute to our quota by first increasing the earning power of Nigerians because if an average Nigerian earns about 2000 dollars which is approximately 1.2 m so imagine what they can do with that amount,” he said.
Speaking earlier, Nitish Sharma, the Chief Executive Officer, (CEO), TP Global FX, said “Our ultimate mission is that any trader who is associated with us always earns out of his investments by trading himself using our different educational and monitoring services with a vision to strive to offer the best trading conditions to our clients using state of the art AI/ML-based trading experience.
He remarked that the organisation is determined to show people how to earn in foreign currency by educating them more on the financial market, and how they can execute while also earning.
Commenting on his interest in coming to Nigeria, Sharma said he has a lot of investors here and it has been a wonderful time here, disclosing that the biggest factor that is going to play in the dollar Naira will be the election by next year.
Speaking on the confidence of investors, he said: “The confidence of investors is going to be determined by the government fiscal policies, ‘’so let’s wait after the election as no one will want to lose his money.”
He said with approximately 250 million people in Nigeria among youths, their product will sell because Nigeria is a huge market.
Also speaking, Vignesh Sundar, Regional Marketing Manager, on his part said they want Nigerians to know that they have the power to better their own lives not just to train them, “we are here to show them the resources to make their life better financially as well as their families too”
He said that the challenges so far are that everyone is positive but they are not aware of the resources they have at hand to reach the next levels.
“It pains me that the youths are positive but are not aware of the resources they possess. I am here because I am so passionate to make people get better with the right resources. I am here to show them the resources we have to help them to get to the next level,” he said.
For the protection and confidence of investors, he said, “No one can read the future, but what we can do is to control your future. We are here to show that people can come and go, but your future is in your hands.
“We are showing them that no matter who comes to destruct your life, whether, for the better or the worse, you always make sure you have control over your life. My narrations are to make sure people take power on their hands, make money on their own so they can control their narratives.”
One of the participants, Modebola Ajibodu said she is here to learn from the TP Global Summit, noting that as a professional the training would provide an opportunity to make alternative sources of income legally.
She added: “The dollar has given Naira a substantial nature presently, so I am here to learn more so I can see how I can maximise the little I have and be able if not meet up with the standard of the dollar, but at least, have a fighting right like every other person that has a better currency.”
Gov. Hope Uzodimma of Imo has commended the National Agency for Science and Engineering Infrastructure (NASENI) for expanding access to technology-driven skills with the inauguration of a Skills Acquisition Centre in Owerri.
L-R: Chairman, Senate Committee on NASENI, Senator Ezenwa Onyewuchi; First Lady of Imo State, Barr. Chioma Uzodimma; Governor of Imo State, Senator Hope Uzodimma; EVC/CEO of NASENI, Mr. Khalil Suleiman Halilu and other dignitaries during the commissioning of the NASENI Skills Acquisition Centre in Owerri North LGA, Imo State yesterday.
The governor described the initiative as a strategic investment in youth empowerment, entrepreneurship and economic development.
The centre, established under the NASENI Sustainable Empowerment Programme (NSEP) in partnership with the Senator representing Imo East Senatorial District, Sen. Ezenwa Onyewuchi, is designed to equip young Nigerians with practical and industry-relevant skills.
Speaking at the inauguration, Uzodimma said technology remained central to Nigeria’s economic growth and lauded NASENI for supporting President Bola Tinubu’s Renewed Hope Agenda through initiatives that empower citizens.
He said the project would provide young people with practical skills needed to build sustainable livelihoods.
“This is not about giving people fish; it is about teaching them how to fish,” the governor said.
Uzodimma urged that beneficiaries of the programme be supported with start-up capital to enable them establish businesses and create employment opportunities for others.
He also commended NASENI for its continued developmental interventions in Imo and called on the host community and relevant stakeholders to protect the facility.
Responding, the Executive Vice Chairman and Chief Executive Officer of NASENI, Mr Khalil Suleiman Halilu, described the centre as another demonstration of the agency’s commitment to developing the human capital required to drive Nigeria’s industrialisation.
According to Halilu, the centre reflects NASENI’s conviction that industrial development begins with investing in people and equipping them with practical skills.
“The commissioning of this centre is not merely the opening of another facility. It is the opening of opportunities for young Nigerians to acquire practical skills that solve real problems, create businesses and generate employment.
“At NASENI, we believe our greatest investment is in the talent of our people,” he said.
Halilu said the centre would offer training in high-demand areas, including solar installation and maintenance, graphic design and printing, phone repair, fisheries and aquaculture, as well as other vocational and technology-based disciplines.
He explained that the project aligned with NASENI’s strategic focus on creation, collaboration and commercialisation, aimed at strengthening innovation, expanding local capacity and reducing dependence on imported technologies.
The NASENI boss commended Onyewuchi for partnering with the agency to deliver the project.
Onyewuchi said the centre was established to address youth unemployment through skills acquisition and entrepreneurship.
He disclosed that beneficiaries would receive support to establish small businesses after completing their training, enabling them to become employers of labour.
The lawmaker said the initiative would contribute to economic growth by empowering young Nigerians with skills relevant to today’s economy.
The commissioning of the centre, according to NASENI, reinforces the agency’s commitment to equipping Nigerians with practical skills, fostering innovation and building the workforce required for Nigeria’s industrial and economic development.
Federal government has launched Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices (C.L.I.C.K.D.), a new consumer credit initiative, to provide affordable financing for locally assembled laptops and other digital devices.
L-R: Mr Uzoma Nwagba, managing director and chief executive officer, CREDICORP, and Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, at the launch
The initiative by the Nigerian Consumer Credit Corporation (CREDICORP) and the Federal Ministry of Communications, Innovation and Digital Economy, is aimed at equipping Nigerians with the tools needed to participate in the country’s growing digital economy.
During the launch, Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, described access to credit as critical to improving productivity and driving economic growth.
Dr Tijani said no nation could achieve sustainable development without a strong credit system that enables individuals and businesses to access resources needed to become more productive.
He noted that in today’s digital age, technology has become indispensable for education, innovation and wealth creation.
The minister explained that many talented young Nigerians possess the skills required to succeed in the digital economy but remain constrained by their inability to own computers and other digital tools.
Drawing from his personal experience, Dr Tijani recalled how his first laptop as a student in the university opened doors to international opportunities and eventually inspired him to establish one of Nigeria’s pioneering technology hubs.
He said the new programme would ensure that more young Nigerians are not denied similar opportunities because of financial barriers.
According to him, the initiative aligns with President Bola Tinubu’s vision of building a one-trillion-dollar economy by expanding access to technology, boosting productivity and supporting local manufacturing.
Mr Uzoma Nwagba, managing director and chief executive officer, CREDICORP, described the programme as a strategic investment in Nigeria’s future workforce and digital transformation.
Mr Nwagba said that while improvements in internet connectivity and digital skills training have positioned Nigeria for the Fourth Industrial Revolution, access to devices remains a major challenge preventing many young people from fully participating in the digital economy.
He explained that C.L.I.C.K.D. would bridge that gap by providing affordable consumer credit that enables beneficiaries to acquire laptops and other internet-enabled devices while they develop in-demand digital skills
Federal Government has announced the disbursement of about N333 billion to eight electricity generation companies (GenCos) as part of measures to resolve outstanding debts in the power sector.
The government also disclosed the issuance of a second bond valued at N729 billion to settle verified legacy obligations and improve liquidity within the Nigerian Electricity Supply Industry (NESI).
The disclosures were made on Tuesday at an investors’ forum organised by the Nigerian Bulk Electricity Trading (NBET) Plc in Abuja.
Government representatives said the latest bond issuance marked the completion of the initial phase of the Presidential Power Sector Debt Reduction Programme, which was designed to address verified liabilities and attract private sector investment across the electricity value chain.
The Special Adviser to the President on Energy, Mrs Olu Verheijen, said the implementation of the first series of the programme demonstrated the administration’s commitment to meeting its financial obligations and improving investor confidence.
Verheijen disclosed that the Federal Government in February 2026 allocated about N501 billion under the first tranche of the programme, comprising N300 billion in cash and N201 billion in non-cash bond instruments to offset verified debts owed to power producers.
She said N333 billion had so far been disbursed to eight participating GenCos operating 17 power plants.
According to her, the government also paid the first coupon of about N63.5 billion on the seven-year bond in full on July 14, 2026.
She explained that the payments had enabled generation companies to meet critical obligations to gas suppliers, lenders and operations and maintenance contractors, thereby improving their operational capacity.
“Markets do not reward promises; they reward performance. Capital follows credibility,” Verheijen said.
She added that the second bond series would further strengthen liquidity in the electricity market and create a more stable financial environment capable of attracting long-term private investment.
The Presidential Power Sector Debt Reduction Programme is part of broader Federal Government efforts to address challenges affecting electricity generation, distribution and investment in Nigeria’s power sector.
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