NYSC Partners NGX to Boost Corps Members’ Financial Literacy, Investment Culture By Raymond Enoch
The National Youth Service Corps (NYSC) has entered into a strategic partnership with the Nigerian Exchange (NGX) Group to promote financial literacy, stock trading and investment culture among Corps Members across the country.
According to a press statement signed by Caroline Embu, Director, Information and Public Relations of the NYSC, the collaboration is designed to expose Corps Members to opportunities within the Nigerian capital market and equip them with the knowledge required to make informed financial and investment decisions.
The Director-General of the NYSC, Brigadier General Olakunle Nafiu, announced the partnership during a visit to the Nigerian Exchange Group in Lagos, where he also participated in the Closing Gong Ceremony.
General Nafiu described the initiative as a landmark step in empowering Nigerian youths, noting that the partnership was long overdue considering the Scheme’s 53-year commitment to youth development and national service.
“Today we embrace change, a new relationship that will empower our youths with financial literacy and open doors to investment opportunities previously out of their reach,” he said.
The NYSC Director-General added that the collaboration demonstrates a commitment to preparing Corps Members to participate meaningfully in the capital market and take advantage of wealth-creation opportunities.
Chairman of the Nigerian Exchange Group, Alhaji Umaru Kwairanga, welcomed the NYSC delegation and reaffirmed the group’s readiness to deepen collaboration with the Scheme and other stakeholders in the financial sector.
He described the NYSC as a critical instrument for fostering national unity and youth development, stressing that the Nigerian financial ecosystem offers immense opportunities that young people can leverage for economic advancement.
Kwairanga further stated that the partnership would help strengthen the savings culture among Corps Members and encourage broader participation in the growth of the national economy.
Also speaking, the Chief Executive Officer of Nigerian Exchange Limited, Mr. Jude Chiemeka, disclosed that the Exchange currently has more than 323 listed securities, providing investors with diverse opportunities across various sectors.
He noted that Nigeria’s capital market continues to enjoy significant goodwill as a frontier market and expressed optimism that the collaboration with the NYSC would create lasting value for young Nigerians while expanding financial inclusion nationwide.
