The Rise of Forex Trading and Why it Is Important to Nigerian Youth

The Rise of Forex Trading and Why it Is Important to Nigerian Youth

With an increasingly interdependent global economy, forex trading has become a significant source of economic empowerment and autonomy, most notably, to Nigeria's youth population.

With diminishing job markets for employment from traditional centers of employment, access to forex trading gives young Nigerian individuals the potential to secure economic stability as well as successful business. Such an industry, in addition to propelling financial literacy and education, creates strategic minds as well as risk-management capabilities required in the fast-paced job market.

The Rise of Forex Trading and Why it Is Important to Nigerian Youth
The Rise of Forex Trading and Why it Is Important to Nigerian Youth
Source: Original

One of such individuals in this sector is Onyeachonam Goodluck Chikwesiri, popularly known as Lucky Mane, a philanthropist and businessman from Umueze Achi in the Oji River Local Government Area, Enugu State.

Born to Mr. Godwin Onyeachonam and Mrs. Ginika Benedict Onyeachonam, Lucky Mane has dedicated his professional career towards transforming the financial situation for the youths of Africa.

Having completed his primary education at Rubies International Primary School and secondary education at Federal Government College, Enugu, he furthered his studies at Enugu State University of Science and Technology and later at the Faculté de Médecine et de Pharmacie in Morocco.

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His diverse schooling was the beginning of what turned out to be a glorious career, which began at 17 years of age. Entering the world of forex trading for the very first time, he realized soon enough its potential to economically empower individuals and established Lucky Mane Group Ltd in March 2021.

The firm has made staggering strides in the financial sector, particularly with its innovative approach to trading synthetic indices. The establishment of the Lucky Mane Forex Academy has further boosted his influence, as the academy has trained over 220,000 traders in Nigeria, Rwanda, Cameroon, Ghana, and Kenya so far. High-profile training sessions, such as free forex classes in Lagos and Abuja, have attracted thousands of participants, which indicates the growing popularity of this industry among young people.

Apart from forex business, Lucky Mane's philanthropic pursuits are manifested through actions like the Feed Our Children initiative, which provided over 1,200 children in Enugu with food, and providing educational scholarships for underprivileged children. These actions demonstrate his belief in the importance of education and vocational training as potent tools against Nigeria's youth unemployment.

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Lucky Mane's TVC News' Special Business Focus and other appearances have once again placed in the spotlight the relevance of forex trading and financial literacy within Nigeria. Through his endeavours, he not only intends to empower traders with the skills but also create a culture of entrepreneurship among youths so that they become job creators rather than job seekers.

While Nigeria faces economic challenges, the implementation of forex trading and financial literacy courses could be instrumental in making the future of its youth brighter and ultimately driving the economic growth and development of the country.

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Source: Legit.ng

Authors:
Jerrywright Ukwu avatar

Jerrywright Ukwu Jerrywright Ukwu is an Abuja-based senior political/defence correspondent. He is a graduate of the Nigerian Institute of Journalism, Lagos and the International Institute of Journalism in Abuja. He is also a member of the Nigeria Union of Journalists. He spends his leisure-time reading history books. He can be reached via email at jerrywright39@yahoo.com.