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Nigerian Stock Exchange Opens Essay Competition For Secondary School Students

The Nigerian Stock Exchange (The NSE or The Exchange) officially kicked off the 2015 edition of its annual Essay Competition on Friday, September 18, 2015, with the call for entries to secondary schools across the country. The topic for this year is: “Explain the importance of financial education and describe how The Nigerian Stock Exchange can help you become financially savvy”.

Since it began in 2000, the competition has inspired over 20,000 young people in over 2500 schools across Nigeria to showcase what they have learned about financial and capital markets. The overall goal of the NSE Essay Competition is to develop a culture of wealth creation among Nigerian youth by “Catching Them Young”.

The NSE Essay Competition is one of the NSE’s financial literacy and inclusion initiatives aimed at building a financially savvy generation. According to the CEO of the Exchange, Mr. Oscar N. Onyema, OON, the NSE Essay Competition is not only designed to test the aptitude and knowledge of the students but it has become a mechanism for boosting financial inclusion in Nigeria by enhancing investor education and financial literacy. “I am particularly elated that we are privileged to champion this value-adding programme targeted at promoting sound financial literacy amongst our youths”.

The Head of Corporate Division of The NSE, Mr. Bola Adeeko stated that “the objective of this initiative is to expose the younger generation to the operations of the stock market; allow them develop a culture of medium and long-term investment habit; encourage the students to consider career choices in the securities market and related professions and fill the gaps between school curriculum and practical approach to investing in the stock market; and to encourage critical thinking amongst students to help reinforce financial and capital market concepts”.

“In line with the philosophy of the competition, the 1st, 2nd and 3rd Prize winners will be given Equity Investments in quoted companies, scholarships for university education and laptops. Their respective schools will get varying quantities of PCs and printers. Furthermore, seven National winners will be rewarded with consolation prizes of Laptops”, said Adeeko.

Miss Chiamaka Sophie Onuh, a student of Nikkyt High School, Aba, Abia State, emerged winner of the 2014 edition of the competition, same feat she achieved in the 2012 edition.  The 2013 edition was won by a physically challenged student, Master Mahmud Abdullahi from Government College, Azare in Bauchi State.

The impact of The Nigerian Stock Exchange is commendable as the Exchange continues to record increase number of participation and overall, high level of interest which has altogether created greater awareness of the dynamics of the stock exchange.

Prizes

  1st place 2nd place 3rd place
Student ·         N250,000 worth of shares

·         N500,000 scholarship fund for University Education

·         Laptop

·         Certificate of Achievement

·         Close the Market for the Trading Day.

·         N200,000 worth of shares

·         N400,000 scholarship fund for University Education

·         Laptop

·         Certificate of Achievement

·         Participate in a Closing Gong Ceremony

·         N150,000 worth of shares

·         N300,000 scholarship fund for University Education

·         Laptop

·         Certificate of Achievement

·         Participate in a Closing Gong Ceremony

School ·         Trophy

·         Three Sets of PC and a printer

·         Trophy

·          Two Sets of PC and a printer.

·         Trophy

·          A Set of PC and a printer.

 

How to Enter

?         Download the? 2015 NSE Essay Competition form from www.nse.com.ng

Essay Deadline:?? October 30, 201?5

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