NSE, Kinabuti Partner to Promote Financial Literacy, Entrepreneurship

The Nigerian Stock Exchange ( NSE) is partnering Kinabuti to empower young people with entrepreneurial skills and financial literacy leveraging its ‘ Dare To Dream’ initiative across university campuses in Nigeria. The move, NSE said in a statement, is part of its contribution towards building a financially savvy generation.

According to exchange, the partnership will see it engage with about 25,000 undergraduates expected to be reached during the 2018 edition of the ‘Dare to Dream’ activation by giving them a financial literacy talk, educating them about the various offerings available in the capital market and conducting trivia quiz to test understanding of the learning from the various talks.

Also, the state champions of the programme that will proceed to the boot camp will have the opportunity of visiting the Nigerian bourse and have an experience of the trading floor as well as meet with brokers to better understand how trading is done. NSE officials will further participate in the programme by featuring as judges in selecting the winners of the Dare to Dream project at the grand finale.

Speaking on the initiative, Head, Corporate Communications, NSE, Olumide Orojimi, said: “Only a highly financially literate population can take advantage of suitable financial products and services to achieve sustainable financial wellbeing. This partnership complements our various financial literacy programmes aimed at building a highly financial literate population that is competent to, or confident in choosing and utilising financial products and services to raise their welfare. With about 65 per cent of the Nigerian population as youths, we have carefully chosen this partnership to help raise the financial literacy level of our future leaders.”

According to him, the exchange, prior to its participation in the Dare2dream project, the platform empowers Nigerian youths by developing talents and skills in fashion and entertainment related industries.

“With this sponsorship, the participants will have an opportunity to learn more about finance and enhance the potential for participation and job opportunities in the capital market,” it said.

Also commenting, CoFounder of Kinabuti the producer of Dare2Dream, Francesca Rosset said: “We are excited to welcome NSE on board season 5 of the Dare2Dream initiative. The partnership is key to promote financial literacy amongst the youths, an essential for building an inclusive economy in Nigeria. In addition to the great learnings we have in store for the youths, their being able to better understand the capital market and investment from NSE will play a huge role in preparing them for their future.”