The Guardian
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CIS, to engage Buhari administration, NYSC on youth empowerment




THE Chartered Institute of Stockbrokers (CIS) is determined to engage the new administration of President Mohammed Buhari and the Directorate of the National Youth Corps Scheme (NYSC) on the need to integrate capital market operations into the entrepreneurial scheme of NYSC to avail the fresh graduates a more comprehensive exposure to the capital market operations.

The Federal Government has institutionalized entrepreneurial training in the NYSC scheme to enable the fresh graduates develop a new capacity aside from their academic background. This is part of the strategy to promote self-employment for the youths by de-emphasizing dependence on white collar jobs If the plan sails through, many of our young graduates would make career in the
capital market after their NYSC primary assignment as itwill broaden their scope on the capital marketoperations.

Already, CIS has been at the forefront. of investor education for the NYSC members every quarter. Many of the fresh graduates lackin-depth information about opportunities provided by the capital market and how they can take advantage of such.

Only last month the Institute commenced discussion with the Ministry of Education on the need to accredit its Diploma Courses for admission into higher institution and make such qualifications acceptable for employment in the civil service.

Meanwhile, in continuation of its> regular enlightenment programme for the youths, the Institute visited the 2015 Lagos State NYSC orientation camp Batch B recently to educate young graduates about the capital market.

The CIS team was led by the Head Research and Technical, Arize Nwobu who spoke extensively on fresh graduates can make a career in the capital market. Nwobu explained how the Institute is saddled with the responsibility of training and certification of Nigerian Graduates on the Capital Market.

Nwobu noted that stockbroking is a noble business that is based on trust and integrity. According to him, for anyone to practice securities and investment in Nigeria he or she must be a member of the Chartered Institute of Stockbrokers. He explained that the Institute has approved a 50 per cent rebate on registration fee for all serving corp members in the country.

He further stated that serving corp members who had passed through universities and polytechnics were eligible and qualified to explore the benefits and opportunities in the capital market and end up practising as stockbrokers, securities analysts, investment bankers and portfolio managers who are currently the major players in the capital market.

He therefore urged the corp members to take advantage of being part of this noble course by enrolling for the CIS professional examination while serving the Nation. He also emphasised that only CIS certified graduates can practice stockbroking.

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