Nigerian Stockbrokers to Partner SEC on Capital Market Studies

July 24, 2018
Nigerian Stockbrokers to Partner SEC on Capital Market Studies

By Modupe Gbadeyanka

Efforts are currently being made by the Securities and Exchange Commission (SEC) to develop a curriculum on capital market studies in the nation’s educational system as part of commitments to deepen financial literacy programme, which is geared towards boosting investment education.

The 10 year Capital Market Master Plan requires SEC to inculcate the culture of financial literacy and specifically to introduce Capital Market Studies (CMS) into curriculum at all levels of education and to encourage CMS as a degree programme in the tertiary institutions.

For the Chartered Institute of Stockbrokers (CIS), it is ready to partner with the apex capital market regulator to make this a reality.

President of the institute, Mr Dapo Adekoje, during a visit to SEC in Abuja some days ago, stated that, “We have visited some schools and realised that most students do not have elementary knowledge of the capital market.

“We believe that if Nigerians are aware early in life of the benefits of investing in the capital market that will increase percentage of participation and also help to deepen the market.”

Responding, Acting Director General of SEC, Ms Mary Uduk, said the agency was open to any collaborative efforts that would increase financial literacy among Nigerians.

“We are making progress with Nigerian Educational Research and Development Council (NERDC) on the development of the curriculum and we hope the introduction of capital market studies will start from the Secondary schools up to our tertiary institutions,” Ms Uduk informed her guests.

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.

Leave a Reply

Temenos Appoints Menage as Head of Sales for Africa Region
Previous Story

Temenos Appoints Menage as Head of Sales for Africa Region

Nigeria Air National Carrier
Next Story

Nigeria Air to Receive 5 of 30 Airplanes December 19

Latest from Economy

Don't Miss