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Who We Are

The Nigerian Capital Market institute (NCM) is the educational and training arm of the Nigerian capital market. The institute has evolved over time, having started as a Training Division in the Human Recourses Department of the Securities and Exchange Commission (SEC).It later metamorphoses into a training School and thereafter registered as the Nigerian Capital Market Institute.

The Nigerian Capital Market institute was registered by the corporate affair Commission (CAC) on the 26th Day of March, 2004 as a company limited by guarantee. It is now a separate legal entity affiliated to the Securities and Exchange Commission.

The establishment of the Nigerian Capital Market institute is in furtherance of section 82 of the investment and securities Act No. 45 of 1999 which gives the Securities and Exchange Commission the power to promote investor and training of all categories of regular and intermediate in the capital market.


Vision Statement
To be the centre of excellence for the capital market training, development and research services in Nigeria and the African continent.

Mission Statement.
To be a viable capacity building tool for instituting professionalism, transparency, integrity and best practices in the Nigerian and African Markets.

The Nigerian capital market institute is therefore saddled with responsibilities, among other things, to:
  • Organize and carry out training programmes including courses, seminar, workshops, talk shops, etc on the capital market for SEC Staff as well capital market operator, intermediate, student and member of the general public interested in the capital market and allied matters:
  • Sponsors workshop, research, information services and educational activities to improve economic and business management, increase private sector initiative, and participate and leadership and gain widespread support for realistic and progressive economic programmes.
  • Organize courses and practical educational instructions for its members bureaucrat, economic leaders, decision makers, academia, labour and other person in Nigeria so as to enhance their understanding of the Nigeria capital market and its management: and
  • Set up and fund efforts and activities to carry on practical research on the Nigeria capital market in particular and economy in general, including but not limited to energy,commodities,banking,insurance,manufacturing,agriculture,professional services and any other sector that the board of Directors may determine from time to time.

What we Do


We identify the weakness of capital market operators and organize capacity building programmes to enlighten them thereby ensuring that only fit and proper person are allowed to function in the Nigeria Market.
The institute provides a formal institutional setting for the training and development of market operator in then Nigerian market.In accordance with its mandate,the Nigerian Capital Market institute Facilatates interaction of operator in the capital market including but not restricted to the following:

  • Brokers/Dealers
  • Solicitors
  • Registrars
  • Reporting Accountants
  • Issuing Houses
  • Issuers of Securities
  • Auditors
  • Receiving bankers
  • Trustees
  • Investor

 

How We work
The Institute conducts its business in line with core values of

  • Commitment to excellence
  • Identifying and developing suitable programmes to promote the capital market
  • Designing Programmes that would advance the knowledge and skill of operators
  • Emphasizing effectiveness
  • Demonstrating innovativeness
  • Relying on pro-activeness

The focus of the programmes is three-pronged: Capital market and institutions, Corporate Finance and investment Banking; and Investment Risk Management. The institution has five (5) Training and development modules and are designed to accommodate the continuously changing need of capital market operators and Professional Managers. They are also structures to be situated and market specific within the context of the global financial system.

The board of Direcxtors,which also includes the executives Directors of the Institute,determing the Policy of the institute.The Executive Director overseer the dayto day administration of the institute.The Institute currently has it head office at Plot 117,Adetokunbo Ademola Crescent Wuse II,Abuja.

The Nigeria Capital Market institute has 3 Divisions.
The Divisions Are:

  • The Programmes Division
  • The Marketing and Consultancy Division, and
  • The Administration and Finance Division; all headed by Divisional Head.

The institute continuously adopts method to reflect the dynamics nature of the financial sector by conducting research aimed at enhancing the understanding of operators of the Nigerian Capital market and its management. We publish our activities through such media as speeches, conference proceedings, economic indicators, economic action agenda, position papers, research papers, journal, and the like.

Some Achievement of the NCMI
  • Institutionalization of formal training of stakeholders in the Nigeria Capital Market;

  • Increase awareness creation of the potential of the market;

  • Tailored Training of Capital market operators and investors, over 2000 person have benefited to date from programmes such as:

  • Capital Market Product and services;

  • Capital Market law and ethics;

  • Capital market Rules and Regulations;

  • Securities Analysis;
  • Portfolio Management Techniques;

  • Combating Financial Crimes in Nigeria, etc, etc

  • Wide circulation of workshop communiqués, which has had significant impact on the market.
Future Outlook
  • There are on-going efforts to network with other similar institute nationally and internationally for purposes of Synergy and sharing experiences.
  • The Institute plans to develop and maintain a data bank on securities trading, share Price index, record of Dealings at securities and commodities exchange, capital trade point, OTCs, external and domestic investment inflows in the securities sector and other securities data useful for Monitoring and fostering development of the Nigerian securities industry.
  • It is envisage that with time, the Institute will apply for and obtain the approval of the federal Ministry of Education or other relevant authorities to award certificate and diploma to participant at its programmes and courses to be determined by the Board of Directors either by itself or by affiliation and cooperation with any educational institution within and outside Nigeria.
  • There is a felt need to facilitate interaction between regulator of the Nigeria Securities industry, self-regulatory organizations (SROs) and other professional engaged in or connected with the industry by sponsoring and organizing periodic luncheons, dinners securities summit, retreats, workshops, educational, public and private dialogues.
Head Office

Plot 117,Adetokunbo Ademola Cresent
Wuse II – Abuja
Phone:09-4136388

 
 
 
 
 
 
 
 
 
 
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