CIS, Perfection Nominees Partner on Membership Drive

Eromosele Abiodun

In pursuit of the strategic drive to attract youths into its membership structure, the Chartered Institute of Stockbrokers (CIS) has sealed a pact with a Perfection Nominees Limited to deploy its technical and professional strength to mobilize over 150,000 potential applicants for the institute’s Professional Diploma in Securities and Investment.

This business and marketing relationship was consummated with the signing of a Memorandum of Understanding (MoU) by both parties in Lagos.

By the MoU Perfection Nominees would mobilize over 150,000 young Nigerians annually and present them to CIS for training, examination and certification as a prelude to launching the young Nigerians into the financial world. This is expected to assist in actualizing the National Strategy for Financial Inclusion and Savings.

The long term plan is to develop young entrepreneurs. On its part, the CIS would recognize Perfection Nominees as a non-exclusive representative with associated benefits of agreed discount for its efforts among others. The beneficiaries would also create financial planning houses for the operators in the entire financial market and the government sector.

At the last count, the institute has signed an MoU with seven major organizations on the same subject.

At the signing ceremony, the Chief Executive Officer, Perfection Nominees, Reverend Samuel Olayemi expressed optimism that the goals of the MoU were realistic and therefore achievable. Olayemi commended the institute for the bold initiative aimed at creating job opportunities for young Nigerians.

“I feel delighted that I have an opportunity to serve the institute. I identify with the caliber of the Institute’s President and his team as well as aggressive focus of the administration. I have no doubt that the outstanding Bill that would further internationalise the operations of the stockbrokers would be signed.”, Olayemi said.

Responding the institute’s President, Mr Albert Okumagba explained that involvement of a professional of Olayemi’s standing would reinforce the mobilization of the youths to create the much-needed financial power house for the entire system.

Okumagba noted that the institute’s position had been graciously endorsed by the Federal Government as one of the means of boosting youth empowerment in Nigeria.

He commended Perfection Nominees on its corporate decision to take advantage of the unique marketing opportunities provided by the CIS.

According to Okumagba, the ultimate objective of launching the young Nigerians to the new professional opportunity was to provide back-up staff for all operators within the ambit of the financial market including insurance, pension fund, stockbroking firms, issuing houses, securities markets and other categories.

Perfection Nominees is a management consulting firm with a strong background in capital market activities. The company also creates opportunities for business, advancing corporate goals and engages in general trading.

The CIS is saddled with the duty of determining what standards of knowledge and skill are to be attained by those who aspire to become professionals in stockbroking, portfolio management, asset management, investment management and allied fields of specialisation.

The new qualification is expected to be the minimum for the back-up staff in the financial market in a foreseeable future.

In its bid to ensure that Nigerians get quality and unadulterated food and medicines/medication, the National Agency for Food and Drug Administration and Control (NAFDAC) in Edo State, has embarked on market sensitisation on some harmful practices associated with food products and drugs.

The sensitisation campaign, which began at Oregbeni market, Ramat Park, Benin City, is to educate the market women on the health risk of ripening fruits through unnatural means, like the use of carbide to quicken the ripening of fruits, mixing of palm oil with anatol die, colouring of pepper etc.

Besides, the agency has charged the Edo state chapter of Association of Pharmacy Employers to uphold the ethics of their practice as regards sell/dispensing of