In a display of intellect and financial acumen, Cordros Asset Management recently concluded the 4th edition of its “Every Child a Milestone Fund” debate competition, empowering the next generation with crucial financial literacy skills.
The event, held in Lagos, saw students from top secondary schools showcasing their understanding of investment principles and walking away with seed funds to start their financial journeys.
The initiative, a cornerstone of Cordros’ financial inclusion efforts, brought together bright minds from White Sand Secondary School, Caleb International School, Dowen College, and Christian High School. Each team articulated compelling arguments on the critical role of investment in one’s life, demonstrating a depth of knowledge beyond their years.
The debate centred on the intriguing topic: “High-risk investment vs. low-risk investment: which is better?” Dowen College emerged victorious, passionately, arguing for the benefits of high-risk investments, emphasising the potential for “bumper harvests” for those willing to embrace risk.
Their insightful presentation secured them the first-place prize. White Sand Secondary School, the keen runner-up, advocated for the steady and secure nature of low-risk investments, highlighting their preference by governments and institutions seeking consistent growth.
Dowen College was awarded a N300,000 cheque, while White Sand Secondary School received N200,000 as the commendable runner-up.
Trizah Raphael and Olumide Makanju from Dowen College expressed their elation, acknowledging that while they knew early investment was possible, the debate thoroughly deepened their understanding.
“What Cordros is doing will be beneficial to the youths. It’s a right step towards wealth creation,” they remarked.