The Nigerian Stock Exchange (NSE) has announced entries for the 2017 edition of its annual Essay Competition. The NSE Essay Competition, themed “Building a Sustainable Capital Market“, is one of the Exchange’s financial literacy and inclusion initiatives aimed at building developing wealth creation among youths
The essay topic for this year’s edition 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 firstname.lastname@example.org. 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.
While speaking, Acting Head, Corporate Services Division, NSE, Pai Gamde, said that this year’s topic has been selected to underscore the importance of the capital market in the efforts to develop national financial literacy
According to him, “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.
Also, Olumide Orojimi, Head of Corporate Communications said since the inception of the NSE Essay Competition 17 years ago, the initiatives has achieved success in building financial literacy amongst the youths.
The prizes for winners includes, N250,000 worth of shares , N500,000 scholarship fund for university education, Laptop , Certificate of achievement, Headline Closing Gong ceremony at the NSE and more