By Adedapo Adesanya
In its commitment to promoting financial literacy in the country, the Nigerian Stock Exchange (NSE) has published the maiden edition of its comic book titled, StockTown to educate readers of all ages about the importance of savings and investment.
In the first issue of StockTown, the lead character, Mora Johnson, and her middle-class family, are experiencing financial hardship that pushed Mora to want to learn more about investment and financial independence.
Speaking on the comic book, Mr Oscar Onyema, the Chief Executive Officer of the NSE said, “StockTown is the product of a passionate idea long held by the Exchange to empower individuals across all levels to make good financial decisions and better their lives now and in the future.
“In a drastically evolving financial landscape, The Exchange continues to find new ways to communicate the ideas of saving and investment using products available on its platform.
“We hope this comic, which demonstrates the idea of buy and selling securities in simple terms, can crowd-in the financially excluded, millennials and all lovers of comics.”
Annually, the exchange implements initiatives targeted at children and youths, aimed at building a financially savvy generation. The exchange commemorates Global Money Week by hosting a workshop for youths at its offices and conducting outreach programmes in cities where it operates. In 2019, it reached over 60,000 youths during the weeklong programme.
Also, the exchange hosts secondary schools, undergraduates and young upwardly mobile professionals to X-Tours, a financial literacy workshop that culminates in a tour of the trading floor and meeting with stockbrokers.
Through these channels, NSE is making significant contributions to reducing the level of financial exclusion in Nigeria to 20 percent in line with its mandate as a member of the National Finance Inclusion Steering Committee led by the Central Bank of Nigeria (CBN).
The NSE is also a member of the Financial Literacy Technical Committee of the Securities and Exchange Commission (SEC).
Available in both print and digital formats, readers can download the comic book via http://www.nse-stocktown.com
more recommended stories
First Bank, United Capital, Others Enter Closed Period for Q1
By Dipo Olowookere The earnings season.
We Won’t Accept Buying Stocks With Fake Names—SEC
By Dipo Olowookere The Securities and.
Market Gains N162bn as Traders Cherry-Pick Stocks
By Dipo Olowookere The last trading.
Naira Stable Despite Rise in Demand for Dollar for Easter
By Adedapo Adesanya Preparations for Easter.
CSCS ‘Resurrects’ Unlisted Securities Market Thursday
By Adedapo Adesanya The NASD Over-the-Counter.
Oil Falls After OPEC+ Okays 10mbpd Production Cut
By Adedapo Adesanya Oil prices fell.
Flour Mills Lists N20bn Bonds on NSE
By Dipo Olowookere Bonds worth N20.
Ports to Remain Open Throughout Easter—Shippers Council
By Adedapo Adesanya The Nigerian Shippers’.