{"id":31971,"date":"2019-05-17T11:45:13","date_gmt":"2019-05-17T10:45:13","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=31971"},"modified":"2019-05-17T11:45:13","modified_gmt":"2019-05-17T10:45:13","slug":"cis-awards-scholarships-to-31-financial-journalists","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/cis-awards-scholarships-to-31-financial-journalists\/","title":{"rendered":"CIS Awards Scholarships To 31 Financial Journalists"},"content":{"rendered":"<div>The Chartered Institute of Stockbrokers has awarded scholarships to 31 financial journalists to undergo its Diploma Two Programme in Securities and Investment Market.<\/div>\n<div><\/div>\n<div>This according to the institute is geared towards strengthening information dissemination.<\/div>\n<div><\/div>\n<div>The programme would not only deepen the beneficiaries\u2019 knowledge of the market, but also pave the way for them to aspire to become professional securities dealers.<\/div>\n<div><\/div>\n<div>Adedapo Adekoje, CIS President, while addressing the beneficiaries in Lagos on Thursday, explained that it was part of the Corporate Social Responsibility to upscale the skills of those who covered the Capital Market for professional reportage.<\/div>\n<div><\/div>\n<div>Adekoje underscored the high propensity for market information by the stakeholders in the capital market ecosystem and the roles of financial journalists in the process.<\/div>\n<div><\/div>\n<div>He said: \u201cIt is hardly contestable to say that investors, especially in Nigeria, form their opinion of the capital market from what they read in the mass media.<\/div>\n<div><\/div>\n<div>\u201cIn recent years, this has been further amplified by the social media.<\/div>\n<div><\/div>\n<div>\u201cIt is therefore critical that financial journalists are well informed about the market such that they can give enlightened and balanced reporting.<\/div>\n<div><\/div>\n<div>\u201cIn recognition of the very important role of journalists in the Securities and Investment industry, the CIS council recently approved a scholarship scheme that will enable outstanding financial journalists undertake the CIS Diploma in Securities and Investment programme at no cost.<\/div>\n<div><\/div>\n<div>\u201cThe scholarship will cover registration fees, examination enrolment fees and study materials.<\/div>\n<div><\/div>\n<div>\u201cThe CIS Professional Diploma in Securities and Investment will give you immense opportunities to understanding the capital market better and position you just one step away from becoming Chartered Stockbrokers.<\/div>\n<div><\/div>\n<div>\u201cI encourage you to make the most of this rare opportunity and make it count in your professional journey.<\/div>\n<div>\u201cDomestic investors need education and enlightenment.<\/div>\n<div><\/div>\n<div>\u201cThey need to know the facts behind the numbers that are unleashed on them every day.<\/div>\n<div><\/div>\n<div>\u201cThey need to appreciate that over the long term investors in properly constructed stock portfolios will be net winners, as consistently reported by researchers.<\/div>\n<div><\/div>\n<div>\u201cThe youths must be educated, market operators must be assisted to continually upgrade their skills, and most importantly, investors must be given the right and adequate information to protect them from losing their hard earned money. In all this, financial journalists, play a major role.<\/div>\n<div><\/div>\n<div>\u201cThey need to appreciate that the Chartered Institute of Stockbrokers today offers her students the choice of becoming a full-fledged omnibus broker or specialist in any of five stand- alone professional areas, such as fixed income dealing, investment advisory services, equity dealing, commodity trading.<\/div>\n<div><\/div>\n<div>\u201cThe question is, how will this information get properly disseminated to investors, the Nigerian youths and the general public?<\/div>\n<div>\u201cThe answer is robust financial journalism.\u201d<\/div>\n<div><\/div>\n<div>The Guest Speaker and Publisher of BusinessDay, Frank Aigbogun, who spoke on: \u201cRoles of Financial Journalism in Fostering Capital Market Literacy,\u201d urged the awardees to uphold the highest tenets of professionalism in order to contribute immensely to the growth and development of the market.<\/div>\n<div><\/div>\n<div>Aigbogun advised the beneficiaries to be on top of the global developments in the financial market and leverage on their professional and technical knowledge to drive debates on topical economic issues in order to influence public policy positively.<\/div>\n<div><\/div>\n<div>The Institute\u2019s Registrar and Chief Executive, Adedeji Ajadi, explained that the scholarship had a life span of one year within which the beneficiaries would write examination twice.<\/div>\n<div><\/div>\n<div>According to him, the examination will hold between June and September.<\/div>\n<div><\/div>\n<div>Ajadi urged them to attend study centers for intensive coaching.<\/div>\n<div><\/div>\n<div>Also speaking, the Chief Executive Officer, Sofunix Investment and Communications, Sola Oni, urged the beneficiaries to develop interest in the entire sectors of the economy.<\/div>\n<div><\/div>\n<div>According to Oni, the capital market is the closest to academics and requires a lot of research.<\/div>\n<div>Oni noted that quoted companies cut across the entire sectors and modern investors demand for analytical information that enhances investment decision.<\/div>\n<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Chartered Institute of Stockbrokers has awarded scholarships to 31 financial journalists to undergo its Diploma Two Programme in Securities and Investment Market.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":31972,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[5613,5611,5612],"coauthors":[2391],"class_list":["post-31971","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-chartered-institute-of-stockbrokers","tag-financial-journalism","tag-securitiies-investment-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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