Easykobo Finance website, a financial site is bringing to its viewers an online stock game.
Visitors to Easykobo.com can now practice trading on the Nigerian Stock Exchange listed stocks without putting in real money. This according to the company will go a long way in changing people's mindsets about investing in the stock market.
"This Stock Game goes a long way in helping people understand the Nigerian stock market and judging what are the good stocks to buy once they are ready to invest with real money. The Stock game will run till December 14, when the winners will be announced. The stock game will then re-start in January 2013." a statement from the company said.Winners get prizes that include an Apple Ipad 3.
To play the game a user registers for free to play the Stock Game, the individuals' website account is credited with N 50 million play money. This is to be used to buy and sell listed stocks on the Nigerian Stock Exchange. The top players will be judged based on their Return on Investment at the end of the game period.
Easykobo hopes to use the online game to interest people in investing in Nigerian companies listed on the stock exchange based in Lagos.
"We are proud to be the first website in Nigeria to offer such a unique service. This only shows that we are different from other finance websites in the Country who have existed for a while. This also affirms that we are here for betterment of Investors in Nigeria and that is why this service is free for all to use. We are free, unbiased and have no vested interest in the Stock Exchange movements apart from seeing it rise back to where it belongs." the statement continued.
Easykobo believe that Nigerians investing in stocks listed on the exchange will help boost the NSE. The online game according to the company will boost investor sentiment in Nigeria.