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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.”
Cycling enthusiasts, gear up for an exhilarating experience this Saturday, November 23rd, as FXTM proudly sponsors the Lagos State Monthly Crit at Dolphin Estate, Ikoyi, Lagos.
Interested participants should register at 6:30 AM and prepare for the main race, kicking off at 7:30 AM. Participants will compete for four thrilling hours in three categories: Professional, Junior, and Veteran.
The top prize starts at $500, adding an exciting competitive edge to the event. There will also be refreshments, music and an opportunity to socialize with like-minded individuals.
FXTM, known for its global commitment to promoting fitness through charitable cycling events, is thrilled to bring this spirited race to Lagos. Riding has always been synonymous to freedom, matching the company’s value of freedom to succeed.
The event not only aims to foster a love for cycling but also to enhance community fitness and well-being.
The stand-in Country Representative for FXTM, Kelechi Ehibudu said: “We are thrilled and delighted to sponsor this event as part of our charitable project.
“We look forward to an exciting time with all participants from all works of life. It’s going to be action packed event.”
Thembi Alfreds was driving home from a soccer match in Johannesburg when she stopped at a traffic light. A thief suddenly appeared and smashed the window of her car, grabbing her phone. She struggled with the thief but they managed to get away with the phone.
The incident left her feeling violated and unsafe. Not only did she lose personal memories, like photos of her children, but her personal and financial information stored on the phone was now compromised.
Phone theft is a serious concern in many countries across Africa, including South Africa, where Thembi’s situation highlights the need for better phone theft solutions.
Smartphone usage is on the rise in Sub-Saharan Africa, with adoption rates reaching 61% in Kenya, 31% in Uganda, and 24-25% in Rwanda and Burundi. This increased uptake has been accompanied by a rise in cellphone theft, as these devices become attractive targets for criminals due to their resale value and sensitive data within. This poses a significant challenge that can have serious consequences for both individuals and businesses in the region.
According to the GSMA Consumer Survey 2023, 19% of mobile phone users in South Africa experienced theft or loss of their device in the past year.The GSMA reports millions of devices stolen every year, and the numbers continue to grow. With our phones becoming increasingly more valuable & central to storing sensitive data, like payment information and personal details, losing one can be an unsettling experience.
Phone theft can be a traumatic experience, but there are steps that can be taken to reduce the risk and protect personal information. That’s why we have developed and thoroughly beta tested, a full suite of features designed to protect you and your data at every stage – before, during, and after device theft.
These advanced theft protection features are now available to users around the world through Android 15 and a Google Play Services update (Android 10+ devices).
Theft Detection Lock uses powerful AI to proactively protect you at the moment of a theft attempt. By using on-device machine learning, Theft Detection Lock is able to analyze various device signals to detect potential theft attempts. If the algorithm detects a potential theft attempt on your unlocked device, it locks your screen to keep thieves out.To protect your sensitive data if your phone is stolen, Theft Detection Lock uses device sensors to identify theft attempts.
This feature is rolling out gradually to ensure compatibility with various devices, starting today with Android devices that cover 90% of active users worldwide. Check your theft protection settings page periodically to see if your device is currently supported.
In addition to Theft Detection Lock, Offline Device Lock protects you if a thief tries to take your device offline to extract data or avoid a remote wipe via Android’s Find My Device. If an unlocked device goes offline for prolonged periods, this feature locks the screen to ensure your phone can’t be used in the hands of a thief.
If your Android device is lost or stolen, Remote Lock can quickly help you secure it. Even if you can’t remember your Google account credentials in the moment of theft, you can use any device to visit Android.com/lock and lock your phone with just a verified phone number. Remote Lock secures your device while you regain access through Android’s Find My Device – which lets you secure, locate or remotely wipe your device. As a security best practice, we always recommend backing up your device on a continuous basis, so remotely wiping your device is not an issue.
These features are now available on most Android 10+ devices via a Google Play Services update and must be enabled in settings.
Advanced security to deter theft before it happens
Android 15 introduces new security features to deter theft before it happens by making it harder for thieves to access sensitive settings, apps, or reset your device for resale:
- Changes to sensitive settings like Find My Device now require your PIN, password, or biometric authentication.
- Multiple failed login attempts, which could be a sign that a thief is trying to guess your password, will lock down your device, preventing unauthorized access.
- And enhanced factory reset protection makes it even harder for thieves to reset your device without your Google account credentials, significantly reducing its resale value and protecting your data.
Later this year, we’ll launch Identity Check, an opt-in feature that will add an extra layer of protection by requiring biometric authentication when accessing critical Google account and device settings, like changing your PIN, disabling theft protection, or accessing Passkeys from an untrusted location. This helps prevent unauthorized access even if your device PIN is compromised.
Real-world protection for billions of Android users
By integrating advanced technology like AI and biometric authentication, we’re making Android devices less appealing targets for thieves to give you greater peace of mind. These theft protection features are just one example of how Android is working to provide real-world protection for everyone. We’re dedicated to working with our partners around the world to continuously improve Android security and help you and your data stay safe.
You can turn on the new Android theft features by clicking here on a supported Android device. Learn more about our theft protection features by visiting our help center.
Lagos State Government has awarded a whooping sum of N100 million in grants to 26 successful young agripreneurs at the maiden edition of Agrinnovation.
The grant award ceremony took place yesterday, Tuesday 14, November 2024 at Marcelina house Ikeja Lagos, and was attended by top government official from the Lagos State Government and technocrats of renown.
Agrinnovation, was not only the the very first of its kind, but an audacious step which was organised by the Lagos State Ministry of Agriculture and Food Systems, in conjunction with the Lagos State Employment Trust Fund (LSETF), and the Eko Innovation Centre and designed to foster meaningful conversations, collaboration, and groundbreaking innovations within the agricultural sector.
Some of the successful young startup agriprenuer who benefitted from the Lagos State Government include; Farmcraft Foods limited, Rehoboth 910, Foodie world, Hommal foods, Ofadahub Nigeria limited, Dharkag Empire limited, D-olivette Renewable Energy and Green Mall.
Others are; Dehydrator hub, Agricfood Technology limited, Corporate farmers international limited, Ultra Farms Integrated Ventures limited, Eti Farms Global limited, Hairat Ajao & Co ( Fisherwoman, Happy Coffee, Ecotutu Limited, Ofadaboy Company, Leky Mills Limited, Yellow fish limited, Ufarmy Ecoedu-Tech Solution Limited, Fauzziyah’s Honey Limited, Green Republic Limited, Price Pally Limited among others.
In his address, the Lagos State Governor, Mr. Babajide Sanwo-Olu, ably represented by his Chief of Staff, Mr. Tayo Ayinde, stated that the state will not stop until she achieves food security and production serving as an example to other parts of the nation and Africa.
He also said that the gesture is a symbol of what the state can achieve when it trusts the youth to lead and supports them in doing so.
His words, “We gather here with the purpose to build sustainable agriculture and food system for the next generation and to ensure that Lagos not only sustains itself but leads Nigeria and Africa towards food security and agricultural excellence.
“As a government, we understand that agriculture development depends on more than just traditional practices. It requires us to embrace technology, foster collaboration and create sustainable practices that endure.
“I want to commend particularly the creation of the Lagos Agrinnovation Club. This club is not just an initiative, it has become a community of young agriprenuers, a hub of creativity and a platform for those who dare to reimagine agriculture.
“This year’s Agrithon saw 316 business case entries from dynamic startups, championed by young people who are driven by their vision to transform agriculture and build sustainable solutions.
The 26 finalists we honour today have not only made it through a rigorous selection process but have also shown us that the future of food in Lagos is brought. With access to mentorship, network and share of the N100 million Agrinnovation Fund, these entrepreneurs will have the resources to take their enterprise’s solutions further”.
He also said that the young entrepreneurs will be monitored to ensure that they use the grant well. “To our Agrithon finalists I urge you to put this funding to excellent use, as you’ve demonstrated through your impressive and innovative ideas”, he added.
Earlier, in her welcome address, Abisola Olusanya, Honourable Commissioner of the Ministry of Agriculture and Food Systems of Lagos state expressed her appreciation to all in attendance and especially to the jurors who worked tirelessly in the selection process of the 26 finalists.
“We would like to thank everyone for being here, especially our jurors, who worked throughout the rigorous process on the Agrithon programme, helping us with the selection process from 316 business entries to 26.
“We are here to celebrate young entrepreneurs who have not waited for the government to give them opportunities but have looked within themselves and others for inspiration. They have made themselves and their enterprises something to be proud of and we are proud to be associated with them.
“They have shown that agriculture is indeed a pathway towards being prosperous as a nation, they have shown passion and connectivity. We are proud to celebrate them, to encourage other people to come into the state.
“We want newcomers to know that there is a lot to gain in the agricultural space and particularly in the direction that the government of Governor Samwo-olu is going, there is enough to unearth in the coming months. It is up to you newcomers to come in and plug into what is happening in the sector.”
Also speaking at event and charging benefiacries of the grants, was Mr Victor Afolabi, the Founder of Eko Innovation Centre, according to him, it was important that entrepreneurs understand that investments should be meant for businesses and not for personal upliftment.
His words; “It’s very important for founders to understand that you are not a celebrity, when you raise funds, use it for the business that it was meant for.”
Afolabi who is a serial entrepreneur, noted that it was necessary for young founders to embody discipline when it came to work, addding that this was contributing to the demise of many young startups in the country.
Corroborating his thoughts, Aisha Raheem, the co-founder and Chief Executive Officer of Farmz2u, noted the importance of plan and vision.
According to her, many startups lose this vision when they become profitable at the first instance.
This was also echoed by Jummai Abalaka, Founder and Chief Operating Officer (COO) who noted that it was necessary to have a positive attitude towards work.
She said that this works hand in hand to ensure the success of enterprises in the country. They pressed on the matter of separating work from personal wants.
Also speaking at the event, was Prince SJ Samuel, the Chairman of Origin Tech Group who noted that innovation was facing a lot of challenges in the Nigerian landscape.
He pointed out that the average farmer earns about two thousand dollars and takes home about 40%, with more than half of the earnings going into logistics and other expenses.
He also noted that Inflation is very high in the Nigerian economy and food inflation makes up about 38% of that which serves as a major concern in the country.
The entrepreneur stated that the agricultural space contributes about 37% to gdp of the country. Although he a plauded the current administration for its investment in the agricultural sector in the country, compared to its predecessors.
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