NSE Promotes Investor Education to Deepen Nigerian Capital Market

October 10, 2020
Ring the Bell for Financial Literacy

By Modupe Gbadeyanka

The International Organisation of Securities Commissions (IOSCO) World Investor Week was brought to an end on Friday, October 9, 2020, and in Nigeria, the event was wrapped up with the sounding of the digital closing gong. 

The World Investor Week was put in place in conjunction with the World Federation of Exchanges (WFE) to promote financial literacy and the Nigerian Stock Exchange (NSE), a member of the group, was not left out.

During the week-long event, the exchange embarked on an investor education campaign across its social media platforms, executed an online trivia competition and hosted a virtual financial literacy session for students of Grandsmate Secondary Schools.

It would also be recalled that the exchange launched its comic book, StockTown, available in both print and digital formats to promote financial literacy in Nigeria.

At the close of the week, the chairperson of Financial Literacy Technical Committee of the Securities and Exchange Commission (SEC) and Group Chief Executive Officer of Emerging Africa Capital Group, Ms Toyin Sanni was given the honour to sound the closing gong to signal the end of trading activities yesterday.

“It is an honour and a privilege to join the NSE to celebrate the IOSCO World Investor Week, an initiative designed to highlight the importance of investor education and to enlighten the investing public as to what regulators and operators are doing to protect investors.

“Engagements such as this are prioritized on the back of the understanding that Investors are critical to the market because the funds and assets they bring are the very lifeblood of the market.

“Now more than ever, with dwindling flows of Foreign Direct Investment, it is important that we encourage and protect domestic investors.

“That said, I am proud of the work being done to inform, educate, advise and protect investors and I encourage capital market operators and regulators to continue to uphold these responsibilities,” Ms Sanni said at the ceremony.

The NSE, a member of the Financial Literacy Technical Committee of the SEC, is currently developing a capital market curriculum for secondary schools with other stakeholders.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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