The Chartered Institute of Stockbrokers (CIS) and Vanguard Newspapers have agreed to work together to expose intending investors to the benefits of investment through the capital market.
The Chartered Institute of Stockbrokers and Vanguard Newspapers have agreed to work together to expose intending investors to the benefits of investment through the capital market.
The Vanguard’s Team led by Kunle Adekoya, Deputy Editor, had expressed the newspaper’s willingness to support the Institute’s program and help to promote its profile and visibility across various segments and interests in the society. He said: “Capital market is not competing with the money market; rather they are complementing each other. We have only seven million people that have accounts in the market and our market capitalisation accounts for 18% of the Gross Domestic Product , which is very small compared to the size of the economy. There is room for growth. We need collaboration and partnership to educate the people as we cannot do it alone.
“As the watchdog of the society, we acknowledge the role of the press in reshaping the economy of our country through its advocacy and enlightenment. “Since the maiden edition of Vanguard hit the news-stand as a weekly newspaper on Sunday, June 3, 1984 and later went daily on July 15, the same year, the national newspaper has remained committed to “free enterprise, rule of law and good governance”.
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