MOE, SEC, CORE Int’l Launch Capital Market Schools Quiz Competition

Ministry of Education, in collaboration with the Securities and Exchange Commission (SEC) and Core International, have launched the Nigerian Capital Market Secondary Schools Quiz Competition.

This is contained in a statement signed by the Director-Core and Financial Markets Indaba, Patrick Muzundo, in Abuja.

According to the statement, the initiative is aimed at promoting financial literacy and enhance understanding of the capital market among Nigerian youths.

The statement says this will involve 370 schools from across Nigeria, with a three-stage tournament format which includes state-level preliminaries, zonal semi-finals, and a national grand finale.

It notes that teachers will undergo a dedicated training workshop to support the students to prepare and facilitate long-term curriculum integration of financial literacy.

According to the statement, the quiz will equip Nigerian youths with essential financial knowledge and foundational decision-making skills and also foster a spirit of academic excellence, teamwork, and inclusivity among students.

It stresses that the initiative supported by Financial Markets Indaba, a sister organisation of Core International, will see participating students access a Virtual Trading Platform that simulates real-time stock trading using the Nigerian Exchange Group (NGX) market data which will run for six months.

“Commencing in September 2025 and will involve 370 schools, 10 from each state of Nigeria and the Federal Capital Territory (FCT)”

The statement states that the initiative will be hosted on the Financial Markets Indaba platform, which possesses experience in financial literacy initiatives and national engagement capabilities.

“This is also to promote financial literacy and enhance understanding of capital markets”.

The statement further explains that the overall view is to empower Future Investors through Knowledge, directly supporting the SEC’s mandate of investor protection and market development by nurturing a financially literate generation and also empower the Nigerian youth with the knowledge and skills necessary to navigate the capital market and make informed financial decisions.

PR/Georgina Humphrey