​​​​​​​​​​​​​​​​​​​​​​​​​​COMMUNITY

CSR
Our Community pillar focuses on driving a positive societal impact in education, health and financial literacy. Going beyond corporate philanthropy, The NSE supports long-term community investment by establishing community partnerships and encouraging employees to participate in volunteer work. ​ 

​A. Education & Enterprise 

Financial Literacy Programmes: The Nigerian Stock Exchange is committed to supporting efforts aimed at addressing financial literacy and empowerment; this commitment is expressed in the various financial inclusion and literacy initiatives undertaken by the Exchange. The NSE conducts impactful programmes across Nigeria, including school outreach sessions, seminars and workshops to educate investors, market participants and the general public about responsible investing and sustainable capital formation.

Essay Competition: NSE Essay Competition is one of the financial literacy and inclusion initiatives implemented by the NSEaimed bridging the gap in classroom learning with the practical knowledge required for long-term personal financial planning. The competition’s overall goal is to develop a culture of wealth creation amongst our youth towards “Building a Financially Savvy Generation”. Now in its 19th year, the Competition has inspired over 67,000 young people in more than 12,000 schools across Nigeria.

Global Money Week: Every year, The Nigerian Stock Exchange (NSE) commemorates the Global Money Week by hosting series of educational programmes designed to help children understand the concepts of, saving, investing, creating livelihood, gaining employment, entrepreneurship and how money works. The week’s activities include sounding of the Closing Gong, excursions to the trading floor, interactive session with NSE’s CEO, financial literacy fair and school outreach programmes. Between 2014 and 2017, The Exchange was able to directly reach 81,865 students and pupils from over 112 primary and secondary and primary across Nigeria. 


NSE X-Tours (Schools’ Excursion to the Exchange): Over the years, the NSE X-Tour has become a platform to stimulate students’ interest on the capital through an excursion to the premises of the Exchange to experience a ‘live’ view of operations and gain hands-on knowledge from capital market thought leaders. In addition, students participating in X-Tours are exposed to the concept of sustainable development which was introduced to help students understand the correlation between the financial industry, economic growth and sustainable development. In 2019, The NSE school excursion program has recorded over 9000 participants from about 54 schools.

Adopt-A-School Initiative: The NSE supports efforts to increase access to free quality education for all. Therefore, to contribute to building a pipeline of future leaders who can contribute to sustainable development for future generations, the NSE initiated the “Adopt-A-School” initiative, which was launched with the commissioning of a Learning and Development Centre donated to Oke-Odo Junior College, Abule-Egba, Lagos. The initiative is aimed at addressing the challenges experienced by schools in Nigeria through facility and process improvement, empowerment of teachers, and intellectual advancement of students. ​Read more

NSE X-Tours (Schools’ Excursion to the Exchange): In 2017, NSE built Maisandari Alamderi Model Nursery and Primary School to help Internally Displaced Persons (IDPs) in Borno State access quality education. The school was created as a model for Primary education in the North-Eastern region. The project, managed by our implementing partner, Bridge Academies International, has helped to improve the outcomes for over 250 children attending the school while implementing initiatives that strengthen the delivery of quality education across Borno State including the deployment of technology, specialized training and learning content which has helped local teachers embrace new teaching techniques to transform learning outcomes for their pupils.

B. Health & Wellbeing 

NSE Corporate Challenge: This is an annual competitive and fun-filled 5 kilometres walk, run and jog competition aimed at increasing awareness for the fight against cancer in Nigeria as well as promoting company pride, teamwork, corporate wellness and networking. The sixth edition of the NSE Corporate Challenge, tagged “eRace Cancer 6.0”, which was held on Saturday, July 6, 2019 at the Muri Okunola Park, Lagos, Nigeria had in attendance over 650 participants, including top executives from listed companies, dealing member firms, non-listed companies and individuals from the general public. A total of N71 million was raised (including N20million donated by the NSE) to fund cancer-focused causes across Nigeria. Free cancer screening (breast, cervical and prostate) were conducted for over 100 participants at the event.​

Executive Health Enlightenment Scheme (EHES) programme: The Exchange leveraging the International World Health Day to organize an annual event to highlight topical health issues and raise awareness on the importance of maintaining good health and well-being. This unique event offers health enlightenment programmes to stakeholders in a fun-filled but pragmatic way that underscores the importance of health as a wealth-inspiring asset. Events around this Health Enlightenment Programme includes health awareness talk-shop, free health screening exercise for internal and external stakeholders and medical missions in the operating environment of the NSE.
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C. The Environment
To minimize the impact of its activities on the environment, The NSE considers it important to increase efficiency and reduce waste, to recycle where possible and to minimize natural re​source use. The exchange is continually improving its environmental management practices and measures, educating employees to adopt environmentally responsible behaviour and promoting these same practices in its supply chain and marketplace.

NSE Recycles 
As part of effort to reduce the waste it sends to the landfills and the associated impact on the environment, the NSE has established a Workplace Recycling Initiative to promote the culture of recycling within the Exchange. Under its Workplace Recycling Initiative, recycle bins are placed at conspicuous locations within the Exchange to encourage employees and guests to participate in the initiative.  ​

To further strengthen this initiative, NSE has partnered with RecyclePoints for the collection and recycling of waste materials generated at its offices, starting with Lagos and Ibadan, under RecyclePoints’ Corporate Recycling Program. RecyclePoints is a waste recycling and social benefit company that motivates people to recycle their everyday waste by creating value from recycled products and operating incentive based schemes.

In addition to paper, the NSE currently recycles cans, glass and plastics, which make up 8% of its total waste.

Energy Efficiency Programme
In 2014, The Nigerian Stock Exchange (NSE) offered its Head Office as a template for high-rise energy efficiency building in Nigeria. This initiative was pioneered in partnership with Omatek Ventures.

As part of the process, all the fluorescent tubes and 250watts lighting fittings on the trading floor of the NSE were replaced with 19watts tubes without dropping the illumination level on the floor. This was also replicated across the entire building by deploying 36watts LED lights to replace all existing 80watts modular fittings in the NSE. This has resulted in: 
  • 70% drop in lighting load reduction.
  • 20% overall energy savings.
  • No more replacement of fluorescent tubes, starters and chokes
  • The elimination of fire risk as there are no chokes​
  • The elimination of individual UPS and transfer of electrical load of all 23 floors to the central 20Kva UPS.
In 2015, we also implemented a power saving policy to reduce our carbon footprint, saving a total of 1,392,717 kilowatts from July to December.