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By Kelechi Esogwa-Amadi
A fast growing Port Harcourt-based Forex Company, MBA Forex Institute, in line with its empowerment policy, has extended its operations to Imo State.
The company, which is poised to eradicate poverty in the Niger Delta, by teaching the people of the region, especially the youths, how to legally trade in foreign exchange and earn foreign currencies on daily basis, has been holding free seminars and workshops for the people of Imo State since last week.
It was gathered that many Imo citizens attended the free Forex seminar held on Saturday, September 22, 2018 at the Amaechi Hall of Rockview Hotel, as well as the free workshops held from Monday 24 to Wednesday 26 September, 2018, at 8B Wetheral Road, Owerri.
During the free seminar and workshops, the participants, who came in their hundreds, including youths and elderly men and women, were taught the basics of foreign exchange trading, its advantages, mistakes people usually make in the course of trading and how to avoid them.
According to the trainers, the foreign exchange trading involves the buying and selling of the eight major currencies in the world, which include the US dollars, euro, pounds, Japanese yen, among others.
According to them, before 1999, an individual would require a minimum of three million dollars ($3 000,000) to trade in Forex, while about two hundred and fifty million dollars ($250,000,000) would be required to open a brokage firm, hence the need for individuals to trade under an already established firm with small amount of money.
The Forex market, the trainers further revealed, controls over five trillion, four hundred billion dollars on daily basis.
According to them, Nigerians could tap into this lucrative Forex market and use it to change their lives if taught how to trade in it.
Addressing the participants, the chairman and managing director of MBA Forex Institute, Mr Maxwell Odum, urged the people of Imo State to take advantage of the opportunity offered by his company to enroll for training and better their lives.
He said having done a lot in Rivers State where he comes from, he decided to extend his company’s tentacles to Imo State because of his maternal affiliation with them, adding that after empowering Imo citizens, he would enter other states in the Niger Delta.
His heart’s desire, Odum further revealed, is to wipe out poverty, hunger and penury among the people of Niger Delta in particular and Nigerians at large, especially the youths, by teaching them how to trade or invest in Forex, adding that apart from teaching people how to trade, his company also offers an investment package where individuals and corporate bodies can invest up to one thousand dollars and earn twenty percent of it every month, adding that those who want to know more about the company should visit www.mbaforexlimited.com.
