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Capital Markets - Secondary
Schools Quiz Competition
Capital Markets -
Secondary Schools Quiz 2025
The goal of the Capital Markets – Secondary Schools Quiz competition is to highlight and recognise the important role played by Capital Markets in economic development and preservation and growth of households’ savings. The program serves as an opportunity to inform and demystify complexities and myths that surround participating in financial and capital markets and in turn encourages individuals from all walks of life to invest on the local markets including stock exchanges.
The program offers a unique and exciting way to motivate, inspire, encourage and reward Secondary and High School scholars in their quest for knowledge and provide them with the opportunity to celebrate their achievement as part of a high profile, national competition. The quiz fosters a generation that is conscious of the importance of savings, financial literacy and capital markets.
Overview of the competition
Onboarding Schools for the National Quiz Competition – Participation from schools across all regions of the country to promote academic excellence and healthy competition among students.
- Scope – Schools selected across states to ensure balanced representation.
- Goal – To foster a spirit of learning, teamwork, and excellence among students.
| Geopolitical Zone | Number of States | Schools per State | Total Schools/Zone |
|---|---|---|---|
| North Central | 6 | 10 | 60 |
| North East | 6 | 10 | 60 |
| North West | 6 | 10 | 60 |
| South East | 5 | 12 | 60 |
| South south | 6 | 10 | 60 |
| South West | 6 | 10 | 60 |
| Federal Capital Territory | -- | -- | 10 |
| TOTAL | -- | -- | 370 |
Tournament Structure and overview
Competition will be held over a period of 6 months comprising of qualifying rounds and the Finals.
Distribution per Zone:
- 10 Schools per State.
- 60 Schools per Geopolitical Zone.
Additional Schools:
- 10 Schools from the Federal Capital Territory (FCT).
Total Schools:
- 370 Schools: (6 Zones × 60 Schools) + 10 FCT Schools.
The competition is structured in three stages
- Preliminary Rounds:
- Schools from each state compete to select the top representatives.
- Zone-level competitions to select top schools from each zone.
- Semi-Finals:
- Winners from each zone advance to a central semi-final round.
- Finals:
- The top schools nationwide compete for the championship title.
Qualification
The first 370 teams in all of Nigeria’s 36 states to submit their applications automatically qualify and earn a spot on the Capital Markets – Secondary Schools Quiz Competition. The total number of schools to compete will be 370 with 2,220 students participating.
Who is eligible to participate in the quiz competition?
All public, private, and parochial secondary and high schools in Nigeria are eligible to participate. Students must be at a level equivalent to Senior Secondary 1,2 and 3. Each team must be supervised by at least one (1) adult coach. A maximum of two (2) coaches will be officially recognized on competition day. Parents of students may serve as coaches, with the school’s approval.
Each team must include four (4) participating students and two (2) alternates. Note: Should the team advance to the final championship competition, at least one (1) coach, all four (4) team members, and at least two (2) alternate is required to attend on competition day. The expectation from the organisers of the Capital Markets – Secondary Schools Quiz Competition is that the team roster will remain unaltered throughout the entire competition period.
Participating students must be currently enrolled in the school they represent, in levels from Senior Secondary 1,2 and 3. Participating schools may register a maximum of one (1) team. Immediate family members of the competition organisers employees may not participate on a Capital Markets – Secondary Schools Quiz Competition team. To encourage a positive atmosphere and foster good sportsmanship, all participating schools and teams (including coaches, students and administrators) agree to abide by the Code of Conduct listed in the Rules.
Diversity and equality in participation
The selection process for schools participating in the quiz competition is designed to ensure diversity and inclusivity. Key considerations in team compositions included maintaining a balanced representation of gender, with an emphasis on promoting equal opportunities for both male and female students. Additionally, the selection aimed to create a fair mix between government and private schools, ensuring that students from various educational backgrounds have the opportunity to showcase their knowledge and skills.
By integrating these criteria, the competition not only fosters academic excellence but also promotes social inclusion, reflecting the diverse educational landscape of the country. This balanced approach enriches the competitive spirit while encouraging teamwork and mutual respect among participants from different educational and socio-economic backgrounds.
Committee Members and Adjudication Panel
Committee Members are selected by Capital Markets – Secondary Schools Quiz competition organisers for the duration of each quiz competition programme. The competition organisers will make every effort to ensure a fair game. If the Committee Members become aware of a mistake, every effort will be made to correct it. Questions are repeated at the discretion of the host or Committee Members. Disputes or discrepancies should be voiced by the coach to the Committee Members at the end of a round. If the dispute is determined to be valid by the Committee Members, play stops and the discrepancy is addressed in the sole discretion of the Capital Markets – Secondary Schools Quiz Competition production staff and Committee Members.
Scores may be adjusted, or questions eliminated, if necessary. Play then resumes. Any ambiguity or disputes that may arise concerning the rules of play and their interpretation is clarified or resolved by the production staff and Committee Members. Once an individual round is completed and the next round begins, the completed round becomes final and challenges are not accepted retroactively. In the event of a tie, the competition is final once the match tiebreaker protocol has been completed, and any associated disputes or discrepancies have been addressed. No protests are accepted after the teams have signed off on the results.
The Committee Members will be required to adjudicate a total of 75 Capital Markets – Secondary Schools Quiz competition rounds which includes the finals. The review period will cover a period of 6 months, and we anticipate that the review will take a total of between 192 – 240 hours. In addition, there will be 8 virtual meetings for the Committee Members within the quiz competition period.
Teacher Training Workshop
To ensure the success of the competition, a Teacher Training Workshop is held to pave the way for a successful quiz competition by equipping coaches with the skills needed to guide their students. This workshop is organized through a collaborative effort with the Securities and Exchange Commission and other stakeholders, highlighting a strong partnership aimed at improving financial literacy. Recognizing that teachers play a pivotal role in shaping the knowledge and confidence of their students, the training sessions ensure that coaches are prepared to handle the challenges of teaching financial concepts, which can often seem daunting to young learners.
By focusing on teacher preparation, the workshop lays a solid foundation for a productive competition season. The workshop focuses on breaking down complex financial concepts into accessible, engaging lessons. Teachers are trained to simplify intricate topics such as savings, investments, stock markets, and economic development, making these ideas relatable for students. This process involves using practical examples and interactive techniques to help students grasp abstract financial principles. By mastering these approaches, educators can present the material in a way that resonates with students’ everyday lives, fostering both understanding and interest. This skill is crucial, as financial literacy can empower students with knowledge they can use in their future personal and professional lives.
Beyond just imparting financial knowledge, the training also equips teachers with strategies for motivating and engaging students throughout the competition. Coaches learn techniques to build enthusiasm, sustain interest, and encourage perseverance, which are essential qualities in a competitive setting. By focusing on these aspects, the workshop ensures that teachers not only convey financial concepts effectively but also inspire a positive and resilient mindset in students. This combination of practical teaching methods and motivational skills creates a supportive learning environment, enabling students to approach the quiz competition with confidence and enthusiasm.
Workshop Goals:
- Understand the Role of Capital Markets:
- Provide a clear explanation of how capital markets contribute to economic development.
- Highlight the importance of capital markets in preserving and growing household savings.
- Discuss the role of capital markets in fostering economic growth through investment in stock exchanges and other financial instruments.
- Demystify Financial Concepts:
- Break down the complexities and myths surrounding financial and capital markets.
- Make financial concepts accessible and understandable for high school students.
- Offer practical examples and case studies to illustrate key financial principles.
- Prepare for the Quiz Competition:
- Outline the structure, format, and rules of the Capital Markets – High Schools Quiz.
- Discuss the types of questions that will be asked, focusing on topics such as savings, investments, the stock market, and economic development.
- Provide tips and strategies for effective study and preparation, including time management, teamwork, and research skills.
- Foster Financial Literacy:
- Emphasize the importance of financial literacy in today’s world.
- Encourage the incorporation of financial education into the broader school curriculum.
- Discuss ways to engage students in financial topics, making them relevant and interesting.
- Motivate and Inspire Students:
- Explore ways to motivate students to participate actively and enthusiastically in the quiz.
- Share methods to inspire a passion for learning about capital markets and financial literacy.
- Discuss how to celebrate and reward student achievements throughout the competition journey.
Financial Markets Indaba – Virtual Trading Platform
The Virtual Trading Platform is part of the annual Capital Markets – Secondary Schools Quiz Competition. It is a portfolio simulation tool built to help students get familiar with real market data, buying and selling securities, and managing a portfolio in a controlled environment. The virtual platform provides students with the experience of having an online brokerage account, which gives them hands-on learning in terms of the securities and investment concepts.
Investing in the stock market can be an intimidating and complicated task for new investors and the virtual platform gives an immersive feel for what it is like to manage a real portfolio – real market data, real price movement, real investment strategy, but with virtual money and in turn helps aspiring investors learn and invest in the stock market through practice and education. The Simulator uses real data from the stock markets to reproduce the experience of using a real online brokerage account. Users are provided with a virtual cash balance and can place virtual trades using real market data. The program incorporates a blend of theoretical knowledge and real-world application through trading simulations, allowing participants to practice investment strategies in a risk-free environment.
Objective: Familiarize participants with the mechanics of real-life trading on the NGX
- Introduction to the features of the trading simulation tool.
- Simulated Environment: Replicates live trading on the NGX without real financial risk.
- Virtual Funds: Participants are given virtual currency to invest in listed stocks.
- Real-Time Market Data: Using real-world market data to simulate trades.
Participating on the Virtual Trading Platform is the best way for students to sharpen their skills and learn from wins (and losses) all without risking any real money. The goal is to build a fundamental understanding of investing while providing students with real-world skills and practice in math, English language arts, economics, social studies, and other subjects. This improves academic performance, financial behaviour, financial knowledge, and saving and investing habits. We believe in empowering individuals to take charge of their future. Most importantly, the virtual platform will help students develop positive money habits and prepare them for their future. In addition to the educational aspect, we think the Simulator is fun as well. As with real life, the objective to participate on the virtual platform is to get the greatest returns on your investments. The better your portfolio performs, the higher the chances of winning the prize money.
How it works?
Investing brings a considerable number of rewards, as well as risks. So, before putting your hard-earned savings on the line, why not practice with a virtual account? To participate on the FMI Virtual Trading Platform there is no fee or deposit required. The FMI Virtual Trading Platform is a fun and easy way to learn to invest. This is done by managing a USD100,000 virtual portfolio that mimics the real ups and downs of the stock markets. Students receive USD100,000 in a virtual brokerage account. They use this cash to manage a portfolio for the duration of the contest with our stock simulation.
Tournament Structure
370-team virtual trading competition tournament. The competition will be held over a period of two months. The first 370 teams to submit their applications for the Capital Markets Secondary Schools Quiz competition automatically qualify and earn a spot on the FMI Virtual Trading Competition.
High Schools Quiz Competition - Code of Conduct
To encourage a positive atmosphere and foster good sportsmanship, all participating schools and teams (including coaches, students and administrators) are presumed to be responsible individuals and will be treated as such and are therefore expected to conduct themselves in a responsible and ethical manner. This includes, but is not limited to, treating all other players, coaches, competition organising staff, and audience members with courtesy, abiding by all decisions of the Capital Markets – Secondary Schools Quiz staff, promptly reporting violations and honestly reporting details of game situations to the organisers.
Coaches and administrators are expected to actively use their influence to enhance sportsmanship in the broadest possible manner and should not engage in conduct that may incite players or audience members during the competitions. Unsportsmanlike conduct includes using outside resources (including books, computers, or third party assistance, etc.), or engaging in the observation and relaying of signs/signals given by another party, to aid in answers for the qualification test or during actual competition intentionally and any actions or comments by coaches, players, or audience members which are intended to bait, anger, ridicule, or demean others, whether or not the deeds or words are vulgar, or in order to gain an unfair advantage during the competition.
Public criticism of Capital Markets – Secondary Schools Quiz competition organisers, the crew or any participating team players, coaches, and audience members during the competition will be considered disruptive and unethical. The Capital Markets – Secondary Schools Quiz competition at its sole discretion reserves the right to decline participation of a school prior to and at any point during the competition, including future competitions, due to unsportsmanlike, disruptive, or unethical behaviour.
Confidentiality
All participating teams and coaches agree to keep and retain in the strictest confidence such confidential information as guest and team member appearances, including identity and information, game results, game questions, references, and any information not publicly known, since such disclosure will affect and/or destroy the surprise, tension, and outcome of the competition for the viewing public or may provide an unfair advantage to other participating teams. Gameplay shall be in the sole discretion of the Capital Markets – Secondary Schools Quiz Competition organisers. Clarification of these rules may be updated by the competition organisers at its sole discretion.
For more information about the Capital Markets – Secondary Schools Quiz competition:
Email – admin@indabaafrica.com
