Potential investors and researchers can now interact with the dynamics of the Nigerian equities and financial asset market through the newly launched Virtual Investment Simulator from GTB Asset Management Limited (GTBAM). The simulator is a flexible online game portal that has in-built capabilities to simulate the market to the latter.
During the launch, GTBAM’s managing director Nicholas Nyamali, said the virtual simulator is designed to educate and impart users with skills that deal with the practicality of investing and interacting with the Nigerian equities and financial system from an online gaming setting. The innovation targets potential investors and researchers who are on the startup or are out to better on their skills or try out a plan without necessarily jeopardizing the assets of their respective companies.
The launch of the Virtual Investment Simulator broadens the companies Investment Education Project that was designed to teach the general public investment planning and making in a more practical and realistic way. All these educational programs draw heavily from the capability to give a learner the exact happenings of a real-time market without risking any real-world assets and cash to incompetence.
In addition to pointing learners toward the making of right investment choices and giving them an opportunity to understand how the financial market works, the project also gives them an opportunity to win N500,000 in real cash as a reward.
The reward will go to the best “investor” between now and December 31, 2012.
The virtual Investment simulator gaming portal will also allow investors to create exclusive investment clubs. Participants can invite friends and colleagues to join groups within the portal for competing with other groups for training purposes, or even to merely share ideas by posting ideas and comments on the portal blog page.
The move to embracing technology in the generation of top-notch business experts not only says much about how determined Nigeria is in making it big in local, regional and international market, but the move also illustrates the extent to which the country is adopting and assimilating IT solutions to its day-to-day life, making it an economy to watch in the region.
Edited by Braden Becker