The Nigerian Exchange Limited (NGX) has set a target to pull in younger investors into the capital market with products and new initiatives.
This was revealed as the exchange took its financial literacy campaign to the 2023 Batch C, Stream II members of the National Youth Service Corp in Lagos State.
Speaking at the event, the Divisional Head, Business Support Services and General Counsel, NGX, Dr Irene Robinson-Ayanwale, said, “The Gen Zs and the millennials always like their financial independence and want to be able to make decisions independently. Stay tuned because we will be rolling out many products and initiatives around the Gen Zs and the millennials.”
Head of Market Surveillance and Investigations at NGX Regulations Limited, Abimbola Babalola, stated, “If we educate them at this point in their lives that they are coming in contact with money, and they are able to define and know their priorities, that will help them in creating wealth and achieve their financial objectives.”
Chinonso Ume of the Retail Banking Unit of Zenith Bank Plc, who also spoke at the program, said, “This is a veritable opportunity to teach these young ones, empower them in all things financial literacy, combined with a little bit of entrepreneurship skills.”
Another facilitator, Angel Gift, said, “Today, we have spoken with about 5,000 corpers and most of them are ready to invest in the capital market.”
