CBN Urges Students to Prioritize Financial Literacy for Better Economic Future
The Central Bank of Nigeria has called on secondary school students across the country to take financial education seriously, stressing that understanding how money works is now an essential life skill in today’s fast-changing economy.
The appeal was made during the Global Money Week 2026 event held in Abuja on Tuesday, where officials emphasized the importance of building strong financial habits from a young age.
Speaking at the event, the Director of Consumer Protection and Financial Inclusion Department at the CBN, Mrs Aisha Isa Olatinwo, said financial literacy is no longer optional but necessary for survival and success in modern society.
She explained that making informed financial decisions does not only benefit individuals, but also strengthens families and contributes to national economic growth.
According to her, young people must learn to speak openly about money in order to clear misconceptions and build confidence in managing finances. She added that such conversations help prepare them for a more secure financial future.
Mrs Olatinwo also highlighted that the CBN has introduced several initiatives aimed at improving financial knowledge among Nigerians. These include the Bank Consumer Education Series and the “Sabi Money” e-learning platform, both designed to equip citizens—especially young people—with practical money management skills.
She further noted that activities planned for Global Money Week 2026 are focused on promoting responsible financial behaviour among youths and encouraging them to adopt a savings and investment mindset.
She advised students to change their perception of money, urging them to see it not just as something to spend, but as a tool for investment and wealth creation.
Earlier, the Head of Consumer Education and Evaluation Division at the CBN, Mr Amuwa Nelson, explained that Global Money Week is an international initiative aimed at empowering young people with the knowledge and confidence needed to make sound financial decisions.
He said this year’s theme, “Smart Money Talks,” encourages open discussions about money as a way of improving financial understanding and decision-making.
Nelson added that the programme is designed to provide students with hands-on experience in saving, budgeting, and spending wisely, while also exposing them to financial opportunities available in the economy.
He further explained that participants will have the opportunity to interact with financial institutions, explore youth-friendly financial products, and gain insights that will guide their future financial choices.
Community Join the conversation Open discussion +