The Securities and Exchange Commission (SEC) and the Federal Ministry of Education, in collaboration with Core International, have launched the Nigerian Capital Market – Secondary Schools Quiz Competition.
The national initiative aims to promote financial literacy and enhance understanding of capital markets among Nigeria’s youth involving 370 schools from across Nigeria, with a three-stage tournament format: state-level preliminaries, zonal semi-finals and a national grand finale.
The event, supported by Financial Markets Indaba, a sister organisation of Core International would see participating students access a virtual trading platform that simulates real-time stock trading using the Nigerian Exchange Group (NGX) market data and is expected to run for six months commencing in September 2025 with 10 from each state and the Federal Capital Territory (FCT).
A statement issued on Wednesday by the director-Core and Financial Markets Indaba, Patrick Muzundo, noted that teachers would undergo a dedicated training workshop to support student preparation and facilitate long-term curriculum integration of financial literacy.
According to him, “The quiz would equip Nigeria’s youth with essential financial knowledge and foundational decision-making skills and also foster a spirit of academic excellence, teamwork and inclusivity among students.”
The initiative, Muzundo added would 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 competition, he further explained operates under the theme, ‘Empowering Future Investors through Knowledge’ directly supporting SEC’s mandate of investor protection and market development by nurturing a financially literate generation with the aim of empowering Nigeria’s youth with the knowledge and skills necessary to navigate the capital market and make informed financial decisions.