Tuesday, April 29, 2025
26.9 C
Lagos

NSE Opens 2016 Essay Competition to Promote Financial Literacy

The Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce the commencement of its 2016 edition of the NSE Essay Competition for students in Senior Secondary Schools in all states of the federation.

The topic for this year’s edition is “What is the biggest obstacle to saving and investing money and how can The Nigerian Stock Exchange help”.

To enter the competition which opened on Thursday, September 1, 2016 and closes on Friday, October 14, 2016, participants are required to email their typewritten entries, which should not be more than 1,000 words to [email protected]. An online submission form is also available on www.nse.com.ng and the Nigerian Stock Exchange’s Facebook page.

This year’s competition which is sponsored by Access Bank, Rand Merchant Bank, and Dangote Foundation, will see the top three winners presented with equity investments, University scholarship funds and personal Laptops/tablets at the Awards ceremony in November 2016. They will also be honoured with a Closing Gong ceremony.

The schools of the top three winners will also be presented with trophies, Desktop Computers and Printers. According to Mr. Bola Adeeko, Head, Corporate Services Division, NSE, improving financial literacy is important to the future of Nigeria.

“Through the NSE Essay Competition, we are promoting financial literacy among young Nigerians, by encouraging them to learn how good financial decisions can better their lives now and in the future, and ultimately grow the economy. The competition serves as an essential platform to get the perspectives of our young ones on key challenges relating to financial literacy and inclusion in Nigeria.”

Since it began in year 2000, The NSE Essay Competition has inspired over 20,000 young people in over 2,500 secondary schools across Nigeria to showcase what they have learnt about the financial and capital markets. It provides an important opportunity for youths to engage in issues of importance to The Nigerian economy.

Mr. Olumide Orojimi, Head of Corporate Communications, NSE said, “at NSE, we are committed to helping people understand how to manage their financial resources. We take pride in investing in the lives of the next generation by empowering them with financial skills and knowledge.”

Orojimi noted that the impact of the competition is commendable as the Exchange continues to record increased number of participation and overall, high level of interest which has altogether created greater awareness of the dynamics of the stock exchange. “Our achievements are not lost on our stakeholders, as the NSE recently received the “Corporate Achievement Award to a Financial Institution” at the inaugural annual Financial Literacy Excellence (FILEX) Awards, for promoting financial literacy in Nigeria.”

 

About THE NSE

The Nigerian Stock Exchange, a company limited by guarantee, services the largest economy in Africa and is championing the development of Africa’s financial markets. The Exchange offers listing and trading services, licensing services, market data solutions, ancillary technology services, and more.

The Nigerian Stock Exchange continues to evolve to meet the needs of its valued customers, and to achieve the highest level of competitiveness. It is an open, professional and vibrant exchange, and the Entrepreneurial Growth hub of Africa.

The Nigerian Stock Exchange aspires to be Africa’s foremost securities exchange, connecting Nigeria, with the rest of Africa and the world.

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Bank Drives Regional Trade Innovation at GTR West Africa 2025

Stanbic IBTC Bank has successfully concluded its strategic participation...

NDIC Initiates N47bn Payment to Heritage Bank Depositors

A liquidation dividend represents amount paid by the Corporation...

Insurance Meets Tech (IMT) Lauds NIA for Strategic Fintech Collaboration

Insurance Meets Tech (IMT), West Africa’s foremost conference and...

FG Bans Waivers for Threaded Pipes, as Monarch Alloys Opens Factory

The Minister of State for Petroleum Resources (Oil), Senator...

NCDMB Visits MT Group’s Facilities, Pledges Support for Firm’s Valves Manufacturing Plans

A delegation from the Nigerian Content Development and Monitoring...

Topics

NEM Named Platinum Insurance Services Provider of the Decade

  L-R: Mrs. Moji Teluwo, DGM, Corporate Services, NEM Insurance...

African Guarantee Fund Earns AA-Rating from Fitch

The African Guarantee Fund for Small and Medium-Sized Enterprises...

Emirates Fetes Children to Film Show on May 27

Emirates added fun to the 2018 children’s Day by...

Beyond Tinubu’s Second Bombshell in Abeokuta

  By Haniel Ukpaukure There is something about Abeokuta, the Ogun...

AXA Mansard: The Worst Ranking Insurance Brand in Q1 2023

In the first quarter of 2023, P+ Measurement Services,...

Stanbic IBTC: 7 Months of Rewarding Customers in Reward4Saving Promo

In a bid to keep inspiring Nigerians to develop...

AfCFTA: Why Nigeria May Lose Out in Agro-export to 1.2bn Consumers-Okakpu

Captain John T. Okakpu MD/CEO ABX World Limited The African Free Trade...

Mobile Technology Connects Africa with Global Markets

The growth of mobile phones and services across the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img