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Forex broker OctaFX and the ‘Duke of Spades’ foundation push IT literacy forward

Vivian Okpirikhre by Vivian Okpirikhre
February 9, 2022
Reading Time: 2 mins read
OctaFX Duke of Spades
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The global Forex broker OctaFX allied with ‘Duke of Spades’, and together they have decided to help disadvantaged children in Nigeria. Although they formed their incentive in 2021, they are determined to promote literacy in multiple regions in 2022.

 OctaFX Duke of Spades

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Charity season is practically all year round.

Under this motto, the international Forex broker OctaFX reached out to the Nigerian organisation ‘Duke of Spades’, supplying schools with IT equipment, thereby providing disadvantaged children aged 10 to 14 with much needed new learning opportunities.

There is a specific reason why the fintech company supports the ‘Duke of Spades’ foundation. It’s a non-profit organisation focusing on less privileged children and youth born and living with HIV. Therefore, by partnering with ‘Duke of Spades’, OctaFX had a consistent goal: to empower these disadvantaged students who could not access basic materials for formal learning.

 OctaFX Duke of Spades

This corresponds with OctaFX’s long-term approach to supporting local communities—providing the necessary infrastructure for improvement. On this occasion, the company managed to donate 20 desktop computers and several scanners and printers. The beneficiary was Kuramo College in Lagos. The institution was founded in 1980 and has 300 students under its roof today.

In the case of Kuramo College, poor reading skills was the specific challenge to tackle. And ‘Duke of Spades’ suggested that this problem could be solved by strengthening the field of computer science.

Richard Nnadi is the man behind the ‘Duke of Spades’ foundation. A graduate of the University of Lagos, studying cell biology and genetics, he became a versatile businessman who eventually became the CEO of DV records.

OctaFX Duke of Spades

On his latest humanitarian collaboration with OctaFX, Nnadi said, ‘the greatest gift a child can receive is premium quality education. And for that, I’m on a constant lookout for reliable and trustworthy business partners to make these charity projects in Nigeria blossom. OctaFX did deliver. More than I expected’.

The regional OctaFX representative further added, ‘it pleases us to engage in meaningful and genuine projects that really deliver the help that is being promised. Especially endeavours that improve the lives of the most vulnerable members of society. Children. Their education is key’.

The recently delivered IT equipment will help students become familiar with the Internet and the necessary software to develop their spelling, writing, and reading skills. It also will provide a much more effective infrastructure for assessing the progress of the students’ improvement.

OctaFX is a global Forex broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience to over 7 million trading accounts worldwide. The company is well-known for its social and charity activity, supporting infrastructure and humanitarian projects in many joint ventures. OctaFX has won more than 40 awards since its foundation, including the ‘Best ECN Broker 2020’ award from World Finance and more recently the 2020 ‘Best Forex Broker Nigeria’ award and the 2020 ‘Most Transparent Broker’ award from Global Banking & Finance Review and Forex Awards, respectively.

Tags: Duke of SpadesOctaFX

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