CIS Unveils Bold Strategies to Strengthen Securities Market and Attract Young Professionals
• Push for CISI Bill, improved stockbrokers’ earnings, and university partnerships
• Advocacy for increased government involvement in capital market development
• NGX collaboration to review capital float for listed companies
The Chartered Institute of Stockbrokers (CIS) has outlined key initiatives to bolster Nigeria’s securities market and attract a new generation of professionals. Speaking 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,” CIS President Oluropo Dada emphasized the need to raise awareness about the benefits of investing in the securities market and the career opportunities it offers.
Key Initiatives to Strengthen the Market
Dada detailed the Institute’s advocacy efforts, including:
• Pushing for the passage of the Chartered Institute of Securities and Investments of Nigeria (CISI) Bill, which will elevate the profession’s status and create a more structured securities market.
• Enhancing stockbrokers’ operational environment to boost their income, ensuring the profession remains attractive and rewarding.
• Collaborating with the Association of Securities Dealing Houses of Nigeria (ASHON) to increase government focus on capital market development.
• Partnering with NGX to review capital float requirements for listed companies, making the market more dynamic and accessible.
• Launching the Institute’s e-Library to facilitate research and professional development.
• Contributing to the Nigerian Gold Reserve (Establishment) Bill, further diversifying the country’s investment landscape.
Empowering the Next Generation of Securities Professionals
Recognizing the importance of nurturing future industry leaders, CIS plans to partner with universities to integrate Securities and Investment studies into Bachelor’s and Postgraduate degree programs. This initiative aims to equip students with essential skills, ensuring they are well-prepared to thrive in the profession.
“Our goal is to embed the Securities and Investment profession in the minds of Nigerian young scholars as their career of choice. CIS will serve as the benchmark for professional excellence,” Dada stated.
Economic Outlook and Market Trends
Key speakers at the event, including Eric Ogunleye, Director at the African Development Institute, African Development Bank Group, highlighted major economic trends. Ogunleye noted that market-driven pricing in the petroleum sector has created new investment opportunities in renewable energy. However, challenges such as inflation and rising living costs could impact economic reforms.
Peter Ashade, Group Managing Director of United Capital Plc, provided insights into the Nigerian Exchange Limited’s (NGX) performance, emphasizing the securities market’s role in driving economic growth.
The Road Ahead
With these strategic initiatives, CIS is positioning itself as a key driver of Nigeria’s capital market development. By advocating for policy reforms, fostering university partnerships, and enhancing market structures, the Institute aims to create a more vibrant, inclusive, and globally competitive securities market.
• Push for CISI Bill, improved stockbrokers’ earnings, and university partnerships
• Advocacy for increased government involvement in capital market development
• NGX collaboration to review capital float for listed companies
The Chartered Institute of Stockbrokers (CIS) has outlined key initiatives to bolster Nigeria’s securities market and attract a new generation of professionals. Speaking 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,” CIS President Oluropo Dada emphasized the need to raise awareness about the benefits of investing in the securities market and the career opportunities it offers.
Key Initiatives to Strengthen the Market
Dada detailed the Institute’s advocacy efforts, including:
• Pushing for the passage of the Chartered Institute of Securities and Investments of Nigeria (CISI) Bill, which will elevate the profession’s status and create a more structured securities market.
• Enhancing stockbrokers’ operational environment to boost their income, ensuring the profession remains attractive and rewarding.
• Collaborating with the Association of Securities Dealing Houses of Nigeria (ASHON) to increase government focus on capital market development.
• Partnering with NGX to review capital float requirements for listed companies, making the market more dynamic and accessible.
• Launching the Institute’s e-Library to facilitate research and professional development.
• Contributing to the Nigerian Gold Reserve (Establishment) Bill, further diversifying the country’s investment landscape.
Empowering the Next Generation of Securities Professionals
Recognizing the importance of nurturing future industry leaders, CIS plans to partner with universities to integrate Securities and Investment studies into Bachelor’s and Postgraduate degree programs. This initiative aims to equip students with essential skills, ensuring they are well-prepared to thrive in the profession.
“Our goal is to embed the Securities and Investment profession in the minds of Nigerian young scholars as their career of choice. CIS will serve as the benchmark for professional excellence,” Dada stated.
Economic Outlook and Market Trends
Key speakers at the event, including Eric Ogunleye, Director at the African Development Institute, African Development Bank Group, highlighted major economic trends. Ogunleye noted that market-driven pricing in the petroleum sector has created new investment opportunities in renewable energy. However, challenges such as inflation and rising living costs could impact economic reforms.
Peter Ashade, Group Managing Director of United Capital Plc, provided insights into the Nigerian Exchange Limited’s (NGX) performance, emphasizing the securities market’s role in driving economic growth.
The Road Ahead
With these strategic initiatives, CIS is positioning itself as a key driver of Nigeria’s capital market development. By advocating for policy reforms, fostering university partnerships, and enhancing market structures, the Institute aims to create a more vibrant, inclusive, and globally competitive securities market.