As part of efforts to promote financial literacy, the Nigerian Stock Exchange (NSE) has launched a comic book known as StockTown.
The book makes use of illustrated characters story to educate readers of all ages about the importance of savings and investment.
In its first issue, readers are introduced to Mora Johnson and her middle-class family who are experiencing financial hardship that pushes Mora to want to learn more about investment and financial independence.
Commenting on the comic book, Chief Executive Officer, NSE, , Oscar Onyema, said: “StockTown is the product of a passionate idea long held by the exchange to empower individuals across all levels to make good financial decisions and better their lives now and in the future. In a drastically evolving financial landscape, the NSE continues to find new ways to communicate the ideas of saving and investment using products available on its platform. We hope this comic, which demonstrates the idea of buying and selling securities in simple terms, can crowd-in the financially excluded, millennials and all lovers of comics.”
According to him, the launch of StockTown builds on the exchange’s strong commitment to promoting financial literacy in Nigeria.
The exchange explained that consistently, it hosts secondary schools, undergraduates and young upwardly mobile professionals to X-Tours, a financial literacy workshop that culminates in a tour of the trading floor and meeting with Stockbrokers.
“Through these channels, NSE is making significant contributions towards reducing the level of financial exclusion in Nigeria to 20 per cent in line with its mandate as a member of the National Finance Inclusion Steering Committee led by the Central Bank of Nigeria,” it said.