By Emma Ujah, Abuja Bureau Chief

The Central Bank of Nigeria (CBN) has intensified efforts to promote financial literacy by targeting young Nigerians in secondary schools and vocational centres.

Speaking at the 2026 Global Money Week in Abuja, the Director of Consumer Protection and Financial Inclusion Department at the CBN, Mrs. Aisha Isa Olatinwo, stressed the importance of equipping young people with financial knowledge from an early age.

She noted that such knowledge is essential for making informed financial decisions throughout life.

“In today’s rapidly evolving financial landscape, financial literacy is no longer optional; it is essential.
The ability to make informed financial choices is a critical life skill that not only empowers individuals and strengthens families but also supports national economic growth,” she said.

Olatinwo emphasized that informed financial decisions are crucial for individuals, families, and the broader economy.

She encouraged students to speak openly about money-related issues, noting that such conversations help dispel misconceptions and build confidence.

“When we talk about money, we break down misconceptions, build confidence, and equip ourselves for a more secure financial future,” she added.

The director revealed that the CBN has introduced several initiatives to enhance public understanding of financial management. These include the Bank Consumer Education Series and the “Sabi Money” e-learning platform, both designed to provide practical financial knowledge, particularly for young people.

“Through various activities lined up for this year’s Global Money Week celebration, we hope to inspire a culture of financial responsibility, especially among younger people,” she said.

She added that the campaign would extend beyond students to reach parents, traders, and communities across the country.

Olatinwo urged participants to view money as a tool for investment rather than mere consumption, while advocating a strong savings culture among young people.

“Let’s not see money only as something to spend. Instead, see it as an instrument for investment. It is the returns from that investment that you can spend. That way, you build a secure future,” she said.

Earlier, the Head of Consumer Education and Evaluation Division at the CBN, Mr. Amuwa Nelson, described Global Money Week as an international programme aimed at equipping young people with the knowledge and confidence to make responsible financial decisions.

He disclosed that the Financial Literacy Fair was structured to provide participants with practical experience in managing money, saving, and spending wisely, while also exposing them to various financial opportunities.

According to him, the theme of this year’s event, “Smart Money Talks,” encourages open discussions about money as a way to improve financial understanding.

“Asking questions, sharing ideas, and learning from others are key steps toward making better financial decisions and building a secure future,” Nelson said.