By Chinwendu Obienyi
As part of efforts to bridge to develop wealth creation culture among youths, the Nigerian Stock Exchange (NSE) has called for entries in the 2017 NSE Essay Competition for Senior Secondary Schools in Nigeria.
The topic for this year’s edition of the NSE Essay Competition is: “Investor education is critical to retail investor participation in the capital market. Discuss.”
To enter for the competition, participants are required to submit their typewritten entries, which should not be more than 1,000 words via email to [email protected]. An online submission form is also available on www.nse.com.ng and The Nigerian Stock Exchange’s Facebook page. The entry submission is expected to close on Friday, October 27, 2017.
Acting Head, Corporate Services Division, of the Exchange, Pai Gamde, revealed that this year’s topic has been selected to highlight the importance of the capital market in the efforts to improve national financial literacy, urging parents and teachers to encourage students to participate in the NSE Essay Competition
“The NSE Essay Competition feeds into the Capital Market Literacy Master Plan; a 10-year Capital Market Master Plan currently being implemented by the Securities and Exchange Commission to increase the proportion of capital market literacy levels from 16 per cent to 40 per cent by 2025.”
“It is important that students and youth understand the significance of the capital market in the Nigerian economy and participate in programmes and initiatives in relation to this sector which will enable them to shape their own lives and make a difference in their communities. I therefore urge parents and teachers to encourage students to participate in the NSE Essay Competition”, she added.
Corroborating, Head of Corporate Communications, Olumide Orojimi, said the NSE Essay Competition continues to be a force to be reckoned with nationwide since its inception 17 years ago, adding that the competition has received support from Access Bank, Prime Atlantic and others who are expected to join the list.