Money Week: CBN, NGX, others partner to boost students’ financial literacy


Nigerian Exchange Limited, Central Bank of Nigeria and other capital market operators have organised a symposium to boost the financial literacy level of some students in Lagos to mark the 2024 Global Money Week.


GMW is an annual global awareness-raising campaign on the importance of ensuring that young people, from an early age, are financially aware, and are gradually acquiring the knowledge, skills, attitudes and behaviours necessary to make sound financial decisions and ultimately achieve financial well-being and financial resilience.


This program is  12th edition of the global celebration with the theme Protect Your Money, Secure Your Future. Chapel Hill Denham, Coronation Group, Central Securities and Clearing System Plc and Miniemoney partnered with CBN and the Exchange to host the event.


Speaking at the event, the Acting Chief Executive Officer of the NGX, Jude Chiemeka, urged the students to embrace financial literacy and be aware that it is a lifelong endeavour. He said, “I believe this theme holds particular significance, especially for young individuals like yourselves, who stand at a pivotal juncture in laying the groundwork that will ultimately shape the trajectory and quality of your lives a decade or more from now.


Also speaking at the event, Lanre Gbadamosi of the Consumer Protection department at the Central Bank of Nigeria, highlighted the ‘Sabi Money Platform of the apex bank and how educative it is for school children.
“Sabi money platform is a platform where we have packaged 15 series of financial literacy topics. Financial planning has to start today and it has to start with you the children,” he said.


The Chief Economist and Head of Economic Research/Intelligence at Coronation Merchant Bank, Chinwe Egwim, in her presentation, educated the students on the different economic terms and how it affects them.