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Wednesday 20 December 2023

Nile University Partners SEC Training Institute to set Up Capital Market Trading Lab


Nile University of Nigeria has announced a collaboration with the Nigerian Capital Market Institute (NCMI), the instructional and training arm of Nigeria's Securities and Exchange Commission (SEC), to build a Capital Market Trading Laboratory on the institution's Abuja campus. 

According to a Memorandum of Understanding (MoU) signed recently by the two institutions' Principal Officers, a cutting-edge Capital Market Trading Lab will be established at Nile University to serve as a hub for cutting-edge training programmes, mentorship initiatives, internships, career growth, and networking opportunities for its students.

Speaking after the MoU signing, the Vice-Chancellor of Nile University Prof. Dilli Dogo attributed 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 Nile University of Nigeria 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.

Also speaking at the briefing, the Managing Director of the Nigerian Capital Market Institute(NCMI), Dr. 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 Nile University of Nigeria, Mr. Lateef Kareem, added that the collaboration between Nile University and NCMI seeks to prepare students for successful careers in the financial world by offering industry-grade practices and hands-on experiences that will bridge the gap between town and gown.

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. 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.

By joining forces with NCMI, Nile University demonstrates its commitment to preparing students to thrive in the competitive capital market industry and beyond. 

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