Key Takeaways
- • Lagos State Governor Babajide Sanwo-Olu pledged support for the Chartered Institute of Stockbrokers (CIS) as it moves to establish a N5 billion endowment fund to strengthen professional training and capacity development in Nigeria's capital market.
- • The CIS is collaborating with the Office of the Vice President on an initiative to train 10 million Nigerians in financial literacy and capital market participation, with a particular focus on young Nigerians.
- • The Governor urged the institute to deepen capital market participation and intensify financial literacy campaigns, noting that wider public participation remains essential to the market's growth.
- • The CIS 30th Annual Conference is scheduled for November 4 and 5, 2026 in Lagos, and will explore strategies for mobilising capital and strengthening Nigeria's global competitiveness.
Summary
Lagos State Governor Babajide Sanwo-Olu has pledged government support for the Chartered Institute of Stockbrokers (CIS) as the body moves to establish a N5 billion endowment fund aimed at strengthening professional training and capacity development in Nigeria's capital market, according to LEADERSHIP Newspapers. The assurance was given at the weekend during a courtesy visit by a delegation led by the Institute's president and chairman of Council, Dr Fiona Ahimie. The delegation included first and second vice presidents Dr Akeem Oyewale and Jude Chiemeka, registrar and chief executive Ayorinde Adeonipekun, past presidents, and serving members of Council.
Sanwo-Olu charged the Institute with deepening capital market participation and intensifying financial literacy campaigns so that more Nigerians can make informed investment decisions. He noted that the Nigerian capital market has recorded significant growth in recent years, but that broader public participation remains essential to unlocking its potential for wealth creation and inclusive economic development. He observed that many Nigerians remain unfamiliar with investment opportunities beyond their immediate financial needs and stressed the need for public education on savings, investment and wealth creation. He also urged the incoming Council to sustain professionalism, public engagement and capacity development.
Ahimie disclosed that the Institute is collaborating with the Office of the Vice President on an initiative to train 10 million Nigerians in financial literacy and capital market participation, particularly among young people. She said the Institute's 30th Annual Conference, scheduled for November 4 and 5, 2026 in Lagos, will explore strategies for mobilising capital, advancing economic prosperity and strengthening Nigeria's global competitiveness. She argued that stronger collaboration between government and professional bodies is crucial to expanding investment awareness, developing skilled practitioners and deepening the market.
Sanwo-Olu charged the Institute with deepening capital market participation and intensifying financial literacy campaigns so that more Nigerians can make informed investment decisions. He noted that the Nigerian capital market has recorded significant growth in recent years, but that broader public participation remains essential to unlocking its potential for wealth creation and inclusive economic development. He observed that many Nigerians remain unfamiliar with investment opportunities beyond their immediate financial needs and stressed the need for public education on savings, investment and wealth creation. He also urged the incoming Council to sustain professionalism, public engagement and capacity development.
Ahimie disclosed that the Institute is collaborating with the Office of the Vice President on an initiative to train 10 million Nigerians in financial literacy and capital market participation, particularly among young people. She said the Institute's 30th Annual Conference, scheduled for November 4 and 5, 2026 in Lagos, will explore strategies for mobilising capital, advancing economic prosperity and strengthening Nigeria's global competitiveness. She argued that stronger collaboration between government and professional bodies is crucial to expanding investment awareness, developing skilled practitioners and deepening the market.
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