Nile University, SEC Partners To Set Up Capital Market Trading Lab

Nile University of Nigeria has partnered with the Nigerian Capital Market Institute (NCMI), the educational and training arm of the Securities and Exchange Commission in Nigeria (SEC) to establish a Capital Market Trading Laboratory at the institution’s campus in Abuja.

In a Memorandum of Understanding signed by the two institutions, a capital market trading lab is to be established at the Nile University, which is expected to serve as a hub for cutting-edge training programmes, mentorship initiatives, internships, career growth, and networking opportunities while allowing students to simulate real-world trading scenarios and gain practical experience in a controlled environment.

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The trading lab will also enhance the understanding and proficiency of students and ensure they are well-prepared to gain a competitive edge in the job market, and contribute to their long-term success in the financial sector.

Speaking after the signing of the MoU involving the principal officers of the two institutions, the vice-chancellor of Nile University, Prof Dilli Dogo attributed a significant portion of the institution’s achievements to its strong industry partnerships and collaborations.

He stated that Nile University currently has over 60 partnerships with reputable national and international organisations and institutions, which have greatly impacted students’ outcomes and experiences.

He emphasised that the university will continue to actively pursue career advancement opportunities for its students, aligning with the education for impact goals of the Honoris United Universities Network, the owners of Nile University.

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Also speaking, the managing-director of NCMI, Dr Timi Agama, highlighted that the selection of Nile University as the location for the lab was a carefully considered and strategic decision which was driven by the university’s excellent reputation.

The chief financial officer of Nile University of Nigeria,  Lateef Kareem, added that the collaboration between the two institutions seeks to prepare students for successful careers in the financial world by offering industry-grade practices and hands-on experiences that will bridge the gap between town and gown.