Amidst the prevailing economic challenges faced by Nigeria, FTXM, a reputable financial trading and investing firm, has taken a proactive step by unveiling its academy to provide free financial training to Nigerians. This move aims to equip individuals with essential financial knowledge and skills in a year marked by global financial market turbulence, enabling them to upskill, adapt, and secure their financial future.
In a statement released by FTXM, the firm acknowledged the current complex global economic landscape that has adversely affected economies across the world, including Nigeria, the largest economy in Africa. The nation is grappling with surging local oil prices and an increasing cost of living. The recent change in government has added to the uncertainties, sending waves of disruption throughout various sectors.
Amid these challenges, the Central Bank of Nigeria has raised interest rates in response to inflationary pressures, intensifying the financial strain on consumers. With the anticipation of higher crude oil prices following the removal of fuel subsidies, the average Nigerian is faced with the prospect of reduced disposable income. Families are now compelled to explore diversified income streams to navigate these difficult times.
Lukman Otunuga, Senior Market Analyst of FXTM, highlighted the significant benefits that participants can reap from the financial training academy. He emphasized that FXTM’s educators are committed to providing actionable insights that empower participants to harness the potential of the market, thereby paving their way towards success. Attendees will also have the opportunity to receive valuable giveaways, cutting-edge technical accessories, and trading credits, among other valuable prizes.
This timely initiative by FTXM reflects its dedication to supporting Nigerians during these challenging times. By providing accessible financial education and resources, the firm is enabling individuals to make informed decisions and adapt to the evolving economic landscape. The academy’s offerings not only enhance financial literacy but also inspire a sense of financial empowerment, enabling individuals to take control of their financial well-being and secure a more stable future.