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CIS Unveils Plans To Promote Securities Market, Attract Young Professionals

ovanews 2 years ago 2 min read
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President of the Chartered Institute of Stockbrokers (CIS), Oluropo Dada

The President of the Chartered Institute of Stockbrokers (CIS), Oluropo Dada, has outlined the Institute’s strategic plans to promote the importance of the securities market and attract young professionals to the industry.

In his welcome address at the Institute’s Review of the Economy and Outlook for 2025, Themed: “Shaping Nigeria’s Economic Future: Key Trends, Impacts and Strategic Solutions for 2025,” Dada emphasized the need to raise awareness about the benefits of investing in the securities market and the career opportunities available in the profession.

” We shall aggressively direct our advocacy into many development issues, including
passage into law of the Chartered Institute of Securities and Investments of Nigeria (CISI) Bill, an improved operational environment that will enable stockbrokers to earn greater income.

“We shall work in partnership with the Association of Securities Dealing Houses of Nigeria (ASHON) to attract greater government attention to the development and utilisation of the capital market. work with NGX on the review of capital floats for listed companies, the launch of the Institute’s e-Library and contribute to the preparation of the Nigerian Gold Reserve (Establishment) Bill,” stated Dada.

He also explained that the institute would partner with more universities to enhance the study of securities and investment at the bachelor’s degree and postgraduate levels.

According to him, this collaboration aims to equip students with the necessary skills and knowledge to succeed in the securities and investment profession.

The President declared that the Institute was committed to developing the next generation of securities and investment professionals, who will drive the growth and development of the capital market, saying, “Our goal is to get the securities and investment profession firmly registered in the hearts of Nigerian young scholars as their career of choice and as the model for professional bodies to follow.”

Director, African Development Institute, African Development Bank Group, Dr Eric Ogunleye, who reviewed the global political and economic environment and outlook for 2025, explained that market pricing in the petroleum sector had opened up new business opportunities in renewable energy.

“Economic reforms are demonstrating progress with the shift to external competitiveness, though inflation and the sharp rise in the cost of living will make it challenging to implement politically difficult reforms, such as the tax reforms. The reform focuses on shifting towards fiscal and tax policies, social protection, and improving the investment environment.

“Market pricing in the petroleum sector opens up new business opportunities in renewable energy investment,” Ogunleye said.

The Group Managing Director of United Capital Plc, Dr Peter Ashade, spoke on the same subject and highlighted the key performance indicators of the Nigerian Exchange Limited (NGX) in the review period.

CIS Unveils Plans To Promote Securities Market, Attract Young Professionals is first published on The Whistler Newspaper

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