Education Ministry, SEC, Core Int’l Launch Capital Market Quiz Competition

Securities and Exchange Commission (SEC) and the Federal Ministry of Education, in collaboration with Core International, have launched the Nigerian Capital Market Secondary Schools Quiz Competition.
The national initiative, which aims to promote financial literacy and enhance understanding of capital markets among Nigerian youth, will involve 370 schools from across the country. It will have a three-stage tournament format: state-level preliminaries, zonal semi-finals, and a national grand finale.

The event, supported by Financial Markets Indaba, a sister organisation of Core International, will see participating students access a Virtual Trading Platform that simulates real-time stock trading using the Nigerian Exchange Group (NGX) market data and will run for six months commencing in September 2025 and will involve 370 schools, 10 from each state of Nigeria and the Federal Capital Territory (FCT).

A statement issued Wednesday by the Director-Core and Financial Markets Indaba, Patrick Muzundo, noted that teachers would undergo a dedicated training workshop to support student preparation and facilitate long-term curriculum integration of financial literacy.

According to him, “The quiz will equip Nigeria’s youth with essential financial knowledge and foundational decision-making skills and also foster a spirit of academic excellence, teamwork, and inclusivity among students.

Muzundo added that the initiative would be hosted on the Financial Markets Indaba platform, which has experience in financial literacy initiatives and national engagement capabilities. This is also to promote financial literacy and enhance understanding of capital markets.

He further explained that the competition operates under the theme “Empowering Future Investors through Knowledge,” directly supporting the SEC’s mandate of investor protection and market development by nurturing a financially literate generation. It also aims to empower Nigeria’s youth with the knowledge and skills necessary to navigate the capital market and make informed financial decisions.