By Samson Akintaro
The Nigerian Stock Exchange (NSE) has launched X-Academy, a knowledge-platform designed to provide education services to individuals who want to gain a better understanding of various aspects of the capital markets. The academy, according to NSE would a wide range of courses geared towards bridging the knowledge gap of dealing members, issuers, investors and the general public about products and services of the capital market.
The bourse noted the establishment of X-Academy was consistent with the Exchange’s tradition of pioneering far-reaching innovations within the Nigerian capital market. It also feeds directly into the National Financial Inclusion Strategy (NFIS) which was launched by the Federal Government of Nigeria in 2012 to reduce the number of adult Nigerians who are financially excluded, from 46.3% in 2010 to 20% in 2020.
Speaking to journalists at the interactive session, the Chief Executive Officer, NSE, Mr. Oscar Onyema,, noted that the training programmes at X-Academy would provide individuals and businesses with a robust and effective array of training solutions that will ensure participants are abreast with trends in the rapidly evolving financial markets.
“As a socially responsible organization devoted to enhancing the fortunes of Nigerians and our investors, we are confident that participants of programmes offered by X-Academy will be better positioned to make informed financial decisions”.
Also speaking at the event, the Acting Head, Corporate Services Division, MsPaiGamde stated that: “X-Academy is a crucial step to enhancing financial literacy levels in Nigeria and equipping professionals with requisite skill sets to deliver innovative solutions for the challenges confronting our financial sector.
The programmes offered by X-Academy will be facilitated by seasoned and certified subject matter experts with both local and international exposure to practical experience. Partnerships with professional bodies to ensure that courses taken at X-Academy are award points under the Continuous Development Programmes of these bodies”
The first training from the X-Academy, titled; ‘Legal and Risk Aspects of Derivatives and Central Counterparty Clearing (CCP) Transactions,’ is scheduled to hold from 12th–15th June 2017 at the Civic Center, Lagos.