• Wednesday, May 08, 2024
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BusinessDay

Hantech Markets tackles youth unemployment with trading career fund

Why Nigeria’s unemployment data is delayed for 2 years – NBS

In a bid to reduce the unemployment rate in the country, Hantech Markets, an online trading company has empowered 10 Nigerian youths with $250 each to start off their trading career.

The empowerment, which is part of activities marking its 32 years anniversary, Hantech said will further lead to financial freedom and create unprecedented opportunities to new audiences globally.

Mike Fowope,Managing Director, Hantech Markets Africa, who spoke in Lagos during its business seminar on creation, maintained that the government alone cannot create jobs.

According to him, “As we are celebrating our 32 years of empowering people, we are using this opportunity as well to educate people about the opportunities that exist in the financial market.

“The truth is that the government cannot provide the employment opportunity needed for millions of Nigerian youths. This seminar will provide the opportunity for Nigerian youths to learn how to trade and make earnings without government involvement.

“10 Nigerian youths won $250 courtesy of Hantech Market to start their trading carrier, we do that as part of the empowerment plans we have for Nigerians,” he said.

While speaking on the present state of forex, Fowope said that inorder to solve Nigeria’s FX issue, there is need for everyone to embrace locally produced goods.

He said, “if we can support our own, it will reduce the pressure on forex.

Read also: Street food business booms as unemployment bites

According to him, Hantech over the years has been in the business of empowering people, stressing that the seminar was organized to enlighten people on the opportunities in the financial market.

He said after the seminar whoever is interested will visit their office where free training will be conducted.

“We have been doing that since we came to Nigeria ten years ago, we are also taking people off the unemployment market,” he noted.

Also speaking, its Chief Commercial Officer, Hayel Abu Hamdan said that over the past 32 years, the company has seen many opportunities in the financial market.

“Our audience in the Nigerian market has actually grown, in fact, one of our successful traders in the past 32 years has actually come from Nigeria, ” he said.

“If you know what you are doing, the opportunity is there to make money out of this market.

Speaking on the economic prospect of Nigeria, he said that Nigeria is the heartbeat of Africa, saying that the prospect for Nigeria as a country is good despite the impact of the Russia/Ukraine war on the global economy.

He said, “I have been coming to Nigeria for the past four years, everyone has a positive attitude and it is infectious and I believe that Nigeria can grow from strength to strength.

Hantech trades various products including forex, CFDs, Commodities, indices and metals.