NSE HOSTS INAUGURAL RING THE BELL FOR FINANCIAL LITERACY
The Nigerian Stock Exchange (NSE) joined The World Federation of Exchanges (“WFE”) and International Organization of Securities Commissions (“IOSCO”) in the inaugural “Ring the Bell for Financial Literacy” initiative, using its Closing Gong ceremony to further draw attention to the importance of financial literacy. The Closing Gong ceremony which held on Friday, October 4, 2019, at the Exchange in Lagos, was part of World Investor Week (WIW), which took place from Monday 30 September to Friday 4 October 2019.
World Investor Week (WIW) is a week-long, global campaign promoted by
IOSCO to raise awareness about the importance of investor education and
protection, and to highlight the various initiatives implemented by
securities regulators in these two critical areas.Speaking
during the Closing Gong ceremony, Mr. Jude Chiemeka, Divisional Head,
Trading Business, NSE, said, “The Exchange has been intentional about
promoting financial literacy in the capital market and we are glad to
have added another awareness initiative to our agenda by joining over
thirty exchanges around the world to ring the bell for financial
literacy. At the NSE, we continue to match our innovative products and
services with significant investment in resources to advance investor
education through various platforms such as product specific trainings
and workshops including dedicated investor education programs
facilitated by the NSE X-Academy, the NSE’s capacity development
“In addition, we implement initiatives targeted at children and youths aimed at building a financially savvy generation such as the commemoration of Global Money Week, excursions to the Exchange under our X-Tours programme and the annual NSE Essay Completion. We are currently receiving entries for the 2019 edition of the NSE Essay Competition”.
The NSE will continue to create product offerings that promote diversity in investment, manage risk and make the investment knowledge readily available to consumers to make adequate investment decisions.