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CBN, NGX, Others Empower Students With Financial Literacy Skills

ovanews 3 months ago 2 min read
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CBN, NGX, Others Empower Students With Financial Literacy Skills

The Nigerian Exchange Group (NGX Group), in collaboration with the Central Bank of Nigeria (CBN) and MinieMoney, has empowered over 200 students with essential financial literacy skills as part of the 2025 Global Money Week celebration.

The initiative underscores a shared commitment to fostering financial inclusion and equipping young Nigerians with the knowledge required for long-term financial well-being.

The event, held at the NGX trading floor, brought together students from leading schools, including Vivian Fowler Memorial College for Girls, Dansol High School, Kith and Kin Educational Schools, Caleb British International School, Lagos Preparatory and Secondary School, and The Bells Comprehensive Secondary School.

Participants engaged in insightful discussions on financial literacy, investment strategies, and capital market operations, gaining firsthand exposure to the workings of the Nigerian capital market.

Now in its 13th edition, Global Money Week is a global initiative designed to promote financial education among young people, ensuring they develop critical thinking skills needed for informed financial decision-making.

The theme for 2025, “Think Before You Follow, Wise Money Tomorrow,” reinforces the importance of strategic financial planning from an early age.

Speaking at the event, Head of Trading and Products at NGX, Mr. Abimbola Babalola, highlighted the transformative power of financial literacy in shaping students’ futures.

“The financial choices you make today will determine the quality of your life tomorrow. Understanding saving, investing, and responsible money management early on will put you on the path to financial success,” he stated.

Assistant Director of the Consumer Protection Department at CBN, Christian Mordi, introduced the CBN’s ‘Sabi Money’ platform, an initiative designed to enhance financial education nationwide.

He emphasised that financial literacy extends beyond numerical knowledge, encompassing discipline, patience, and informed decision-making skills that foster economic security.

The CEO of MinieMoney, Gbolahan Faniran, reinforced the importance of cultivating early investment habits and leveraging the power of compound interest.

“Achieving financial success is not about following trends but about making intentional money choices today that ensure a secure future,” he said.

CBN, NGX, Others Empower Students With Financial Literacy Skills is first published on The Whistler Newspaper

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