CIS to partner varsities on securities investment studies

The Chartered Institute of Stockbrokers has announced plans to partner with universities across Nigeria to enhance the study of securities and investment at both bachelor’s and postgraduate levels.

In a statement made available to our correspondent by the institute on Wednesday, this initiative, aimed at equipping students with the necessary skills and knowledge for the securities and investment profession, is part of the institute’s strategy to develop the next generation of professionals who will drive the growth and development of Nigeria’s capital market.

In his welcome address at the institute’s Review of the Economy and Outlook for 2025 event, themed “Shaping Nigeria’s Economic Future: Key Trends, Impacts and Strategic Solutions for 2025,” the 13th President of CIS, Oluropo Dada, emphasised the institute’s commitment to advocating the growth of the securities market.

Dada highlighted the importance of attracting young professionals to the industry and raising awareness about the career opportunities available in the securities profession.

“We shall aggressively direct our advocacy into many development issues, including the passage of the Chartered Institute of Securities and Investments of Nigeria Bill into law, improving the operational environment for stockbrokers to earn greater income, and collaborating with the Association of Securities Dealing Houses of Nigeria,” Dada stated. “We will also work with NGX on the review of capital float for listed companies and contribute to the preparation of the Nigerian Gold Reserve (Establishment) Bill.”

Dada stressed that this collaboration will help position the Institute as a model professional body, fostering growth within the capital market sector.

The Director of the African Development Institute at the African Development Bank Group, Eric Ogunleye, noted that market pricing in the petroleum sector has created new business opportunities in the renewable energy sector, adding that despite challenges such as inflation and the rising cost of living, reforms in fiscal and tax policies, social protection, and improving the investment environment were crucial for Nigeria’s economic future.

The PUNCH reported that the Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, and former lawmaker Felix Bajomo were among the 80 stockbrokers invested as Fellows of the Chartered Institute of Stockbrokers.