NYSC, NGX Partner to Boost Financial Literacy and Investment Culture Among Corps Members

Oru Leonard 

The National Youth Service Corps (NYSC) has entered into a strategic partnership with the Nigerian Exchange Group (NGX) aimed at equipping Corps Members with financial literacy, stock trading knowledge, and investment skills.

Director General of NYSC, Brigadier General Olakunle Nafiu, disclosed this during a visit to the Nigerian Exchange Group headquarters in Lagos, where he also participated in the Closing Gong Ceremony.

According to Nafiu, the collaboration between NYSC and stakeholders in the Nigerian capital market ecosystem will provide Corps Members with valuable insights into stock market operations and investment opportunities.

He described the partnership as a significant milestone for the Scheme, noting that despite NYSC’s 53 years of existence, such a collaboration had become necessary to prepare young Nigerians for financial independence and wealth creation.
“Today we embrace change, a new relationship that will empower our youths with financial literacy that will open doors of investment opportunities previously out of their reach,” the NYSC Director General said.

He added that the initiative reflects a commitment to the future by empowering Corps Members with the knowledge and skills needed to participate effectively in the capital market.

Speaking during the event, Chairman of the Nigerian Exchange Group, Umaru Kwairanga, expressed the organisation’s readiness to deepen collaboration with NYSC and other stakeholders in advancing financial education.

Kwairanga commended the NYSC for its longstanding role in promoting national unity and youth development, describing the Scheme as a vital platform for nation-building.

He noted that the Nigerian financial ecosystem offers numerous opportunities that young people can leverage for personal and economic growth.
“We seek immense opportunity in exploring collaboration with the NYSC to advance financial literacy among Corps Members across the country,” he said.

The NGX chairman further stated that the partnership would encourage a stronger savings culture among Nigerian youths and enhance their participation in the growth of the national economy.
Also speaking, the Chief Executive Officer of Nigerian Exchange Limited, Jude Chiemeka, said the exchange currently hosts more than 323 listed securities, offering investors a wide range of investment options.

He described the Nigerian Exchange as a frontier market that continues to attract significant goodwill and investor interest, adding that the organisation maintains partnerships with several leading stock exchanges around the world.

Chiemeka expressed optimism that Brigadier General Nafiu’s visit would mark the beginning of a mutually beneficial relationship between the exchange and the NYSC, particularly in promoting financial inclusion and investment awareness among young Nigerians.