Nigeria: Ngx Group, CBN, Others Collaborate to Equip Students With Financial Literacy

25 March 2025
This Day (Lagos)

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

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, designed to enhance financial education nationwide. "Financial literacy extends beyond numbers; it is about developing discipline, patience, and informed decision-making skills that foster economic security," he noted.

CEO of MinieMoney, Gbolahan Faniran, emphasised the importance of 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.

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