By Chukwuma Umeorah
The Nigerian Capital Market Institute (NCMI), the education and training arm of the Securities and Exchange Commission (SEC), in partnership with Nile University, has announced plans to establish a Capital Market Trading Laboratory at the institution’s campus in Abuja.
In a Memorandum of Understanding (MoU) recently signed by the Principal Officers of the two institutions, a state-of-the-art capital market trading lab will be established at Nile University to serve as a hub for cutting-edge training programs, mentorship initiatives, internships, career growth, and networking opportunities for its students.
Speaking after the MoU signing, the Vice-Chancellor of Nile University, Dilli Dogo, stated that “The state-of-the-art capital market trading laboratory will offer students access to cutting-edge technology and resources, allowing them to simulate real-world trading scenarios and gain practical experience in a controlled environment.
It will further open up a wide range of career advancement opportunities for the students through mentorship programs, internships, and networking with potential employers.”
Highlighting the benefits, Dogo emphasized that this hands-on approach will enhance the understanding and proficiency of students, ensuring they are well-prepared and gain a competitive edge in the job market, and contribute to their long-term success in the financial sector and the development and growth of the financial sector in Nigeria.
The Managing Director of NCMI, Timi Agama, highlighted that the selection of Nile University as the location for the capital market trading lab was a carefully considered and strategic decision, driven by the university’s excellent reputation.
The Chief Financial Officer of the University, Lateef Kareem, added that the collaboration remained a significant portion of the institution’s achievements to its strong industry partnerships and collaborations. He stated that “Nile University currently has over 60 partnerships with reputable national and international organizations and institutions, which have greatly impacted students’ outcomes and experiences.”
He further emphasized that the university will continue to actively pursue career advancement opportunities for its students, aligning with the Education for impact goals of the Honoris United Universities Network, the owners of Nile University.