The Chartered Institute for Securities & Investment (CISI) has partnered with the Nigerian Stock Exchange (NSE) to provide training for CISI qualifications in the West African country.
The partnership means CISI will accredit NSE’s knowledge platform, X-Academy, as its training partner in Nigeria for qualifications; including the International Introduction to Securities & Investment (IISI), International Certificate in Wealth & Investment Management and Certificate in Derivatives.
X-Academy will offer both face-to-face and online coaching for these exams.
Helena Wilson, assistant director at CISI global business development, said: “We are delighted to partner with the Nigerian Stock Exchange to provide training for CISI’s internationally recognised qualifications in Nigeria, supporting the development of human capital within the fast-growing Nigerian capital markets.
“CISI qualifications are fast becoming a benchmark across Africa, and this partnership is symbolic of Nigeria’s growing influence both within Africa and on the global stage.”
African expansion
CISI has been working in Africa since 2012 offering exams and membership across the continent, with regulatory approval for its examinations in eight countries.
It opened its first African office in Kenya in June. Over the last 18 months almost 3,500 CISI examinations have been sat in Africa, making it the institute’s fastest growing market.
It is an associate member of the Africa Securities Exchanges Association, a partnership that aims to promote professionalism and develop channels for capacity building and knowledge sharing to support the growth of the capital markets profession in Africa.
Pai Gamde, chief human resource officer at NSE, said: “This partnership is a testament to the years of investment we have made in pushing the boundaries of financial education and stimulating investors’ participation in the Nigerian capital market.
“In 2017, we launched X-Academy to offer our ecosystem a blended learning approach and the curriculum across CISI programmes reflects the same intent. We are quite excited about this development and we look forward to a long-lasting relationship with CISI.”
