The Nigerian Stock Exchange (NSE) is partnering with Kinabuti, to empower young people with entrepreneurial skills and financial literacy, as part of its contribution towards building a financially savvy generation.
The partnership will leverage Kinabuti’s Dare2Dream initiative across university campuses in Nigeria, where the NSE will engage with about 25,000 undergraduates during the 2018 edition of the Dare2Dream activation via financial literacy talk on the various offerings available in the capital market. The NSE would also conduct trivia quizzes to test their understanding of the various talks.
According to a statement made available to business a.m., a stockbroker will be available to assist interested youths who want to open a brokerage account and begin to invest for the future.
State champions of the programme that will proceed to the boot camp will have the opportunity of visiting the Nigerian bourse and have an experience of the trading floor as well as meet with brokers to better understand how trading is done. NSE officials will participate in the programme as judges in selecting the winners of the Dare2Dream project at the grand finale, the statement explained.
Prior to NSE’s participation in the Dare2Dream project, the platform empowers Nigerian youths by developing talents and skills in fashion and entertainment related industries. With this sponsorship, the participants will have an opportunity to learn more about finance and enhance the potential for participation and job opportunities in the capital market.
Speaking on the initiative, Olumide Orojimi, head corporate communications of the NSE, stated, “only a highly financially literate population can take advantage of suitable financial products and services to achieve sustainable financial well-being.
“This partnership complements our various financial literacy programmes aimed at building a highly financial literate population that is competent to, or confident in choosing and utilizing financial products and services to raise their welfare. With about 65 percent of the Nigerian population as youths, we have carefully chosen this partnership to help raise the financial literacy level of our future leaders”
Also commenting, Francesca Rosset co-founder of Kinabuti the producer of Dare2Dream said, “we are excited to welcome NSE on board season 5 of the Dare2Dream initiative. The partnership is key to promoting financial literacy among the youths, and essential for building an inclusive economy in Nigeria.
“In addition to the great teaching we have in store for the youths, their being able to better understand the capital market and investment from NSE will play a huge role in preparing them for their future”.