馃嚦馃嚞NigeriaWest Africa
Central Bank of Nigeria links financial literacy to national economic growth strategy
via Punch Nigeria3 min read
The Central Bank of Nigeria CBN has emphasized the critical role of financial literacy in the nation's economic growth strategy, stating that informed financial decisions by citizens are vital for national development. Speaking at Global Money Week 2026 in Abuja, Dr. Aisha Isa-Olatinwo, Director of the Consumer Protection and Financial Inclusion Department, highlighted that financial literacy is essential in today's evolving financial landscape, empowering individuals and strengthening families. The event, themed 'Smart Money Talks', aimed to equip young people with financial management skills and featured students from various schools. Isa-Olatinwo mentioned ongoing CBN initiatives to improve financial awareness, including digital learning platforms like the Bank Consumer Education Series and 'Sabi Money'. She encouraged students to view money as an instrument for investment rather than just spending. Mrs. Temilade Akinfadeyi, Head of the Financial Inclusion Division, explained that the fair provided a hands-on learning environment for managing money, saving, and responsible spending, and introduced participants to financial opportunities. Mr. Amuwa Nelson, Head of the Consumer Education and Evaluation Division, reiterated that Global Money Week aims to equip young people with the skills and confidence for responsible financial decisions. Polaris Bank also partnered with the CBN for this initiative, which runs from April 7 to April 30, 2026, to address the financial literacy
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This summary was AI-generated from a story originally published by Punch Nigeria.
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