The Chartered Institute of Stockbrokers says it has extended its membership drive and campaign to encourage more participation in the Nigerian capital market to military schools in the country.

The institute said in a statement on Monday that the move was in line with its efforts to encourage young Nigerians to not only invest in the capital market, but to build a career in the market.

Over the last one year, the institute has held several programmes to create awareness about the opportunities in the capital market and to encourage young Nigerians to enroll for its professional diploma, in preparation for vital roles in the market.

The statement said in line with its strategy, the institute’s Head, Research and Technical Department, Mr. Arinze Nwobu, led a team to the Army School of Finance, Apapa Lagos, and encouraged the students to take advantage of diverse opportunities in the capital market.

He explained to the students that the capital market was very critical to the development of the nation and that research had shown that any country or nation which failed to fully take advantage of the capital market would not develop optimally.

Nwobu, who noted that the Nigerian capital market had come a long way, expressed optimism that all stakeholders would continue to work hard to ensure that the market contribute more meaningfully to the development of the economy.

He said, “CIS and other stakeholders have been trying to propagate the ideals of capital market and impress it on the government to begin to maximally explore the instrumentality of the capital market so that Nigeria will attain great economic heights and inclusive growth.

“Though stockbroking is a specialised discipline, anyone with intellectual depth and analytical skills can also do well in the profession.

“A qualified stockbroker can choose to be self-employed just as is obtainable in developed countries.”

Punch