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Crypto & Forex: Literacy and Scam Protection

Understand what crypto and forex actually are, why the maths punishes most retail traders, and how to take apart every scam that uses their names — before your money leaves your hand.

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About this course

A clear-eyed literacy course for Nigerians on digital assets and retail currency trading: what a coin, a stablecoin and a leveraged forex account really are, how volatility, spreads and leverage grind small accounts down, where the CBN and SEC have stood at different times (and why that keeps moving), and — the heart of the course — the full anatomy of the scams built on top: fake account managers, signal sellers, guaranteed-return Ponzis in the MMM and CBEX mould, cloned exchange apps, romance and pig-butchering setups, P2P payment-reversal traps and celebrity impersonation. You will finish able to verify a platform, protect a seed phrase, report a fraud properly through your bank, the EFCC, the police cybercrime channel, the SEC and the platform itself, and — in a closing lesson — recognise the registrations and legal duties that land on anyone who goes further, from SEC registration for advising or managing other people's money, to VASP and SCUML/NFIU anti-money-laundering obligations, CAC registration, tax and data-protection duties. This is not a trading course. There are no signals, no strategies and no way to profit taught here — anyone selling you one is the subject matter, not the teacher. Everything here is education, NOT financial or investment advice: Skillnaija recommends no coin, exchange, broker, wallet or platform, nothing in the course is a suggestion that you invest in anything, every figure and regulatory statement is accurate only as at the time of writing and must be confirmed with the authority named, and a Skillnaija certificate is a record of learning — never a licence, registration or permit.

What you'll learn

Course syllabus — 7 lessons

  1. What crypto and forex actually are12 min
  2. Volatility, leverage and the maths of losing15 min
  3. The Nigerian rulebook — and why it keeps moving14 min
  4. Account managers, signal sellers and guaranteed returns15 min
  5. Fake apps, romance-crypto, pig-butchering and P2P traps15 min
  6. Verify, self-custody, and what to do if you are defrauded15 min
  7. If you go further: the registrations and duties that land on you16 min

Your project

The Scam Teardown & Family Warning Brief

A shared Google Drive folder containing (1) a spreadsheet showing the compounded-promise or cost-drag calculation with visible formulas and stated assumptions, and (2) a document holding the captured evidence, the completed and dated verification table, the 'who would have to be registered, and with whom' section with its check-current-guidance note, a 600–900 word scam teardown carrying a not-financial-advice line, and a one-page family warning brief with correct reporting steps.

Certificates on Skillnaija are earned, not issued for attendance: you submit this project, it is graded against a rubric, and passing issues a certificate anyone can verify.

Frequently asked questions

Is Crypto & Forex: Literacy and Scam Protection free?

Yes. Crypto & Forex: Literacy and Scam Protection is completely free on Skillnaija. You need a free account to open the lessons, and there is no charge for the course, the project, or the certificate.

How long does Crypto & Forex: Literacy and Scam Protection take to complete?

5 weeks · ~3 hrs/week. There are 7 lessons, about 2 hours of material in total. You learn at your own pace and your progress is saved.

Do I need any experience to start Crypto & Forex: Literacy and Scam Protection?

Beginner-friendly. You can start from scratch — no prior experience is assumed.

What will I learn in Crypto & Forex: Literacy and Scam Protection?

You will build practical skills in How crypto, stablecoins and retail forex actually work, Volatility, leverage and cost-drag maths, Spotting Ponzi and guaranteed-return schemes, Recognising romance-crypto and pig-butchering setups, Safe P2P trading and payment-reversal defence, Verifying platforms, licences and apps, Seed-phrase and self-custody safety, Reporting fraud: bank, EFCC, police, SEC and platform steps, Knowing when SEC, CBN, CAC, SCUML or NDPC registration applies. Every lesson is written for a Nigerian context, with examples drawn from how the work is actually done and paid for here.

Do I get a certificate for Crypto & Forex: Literacy and Scam Protection?

Yes, but it has to be earned. You complete the course project — The Scam Teardown & Family Warning Brief and submit it for grading. Passing the project issues a verifiable certificate; finishing the lessons alone does not.

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