NGX, CBN give financial skills to empower over 200 students
NGX, CBN give financial skills to empower over 200 students.
The Nigerian Exchange Group (NGX Group), in collaboration with the Central Bank of Nigeria (CBN) and MinieMoney, has empowered over 200 students with essential financial literacy skills.
This initiative, part of the 2025 Global Money Week celebration, underscores the growing importance of early financial education in fostering a generation of financially savvy individuals who can make informed economic decisions.
The students were not only exposed to critical financial concepts but also had the rare opportunity to witness the fast-paced operations of the NGX trading floor, an experience that has provided them with real-world insights into capital markets and investment strategies.
Global Money Week, now in its 13th edition, is a global initiative designed to promote financial education among young people, ensuring they develop the critical thinking skills necessary to make informed financial decisions.
The 2025 theme, ‘Think Before You Follow, Wise Money Tomorrow’, highlights the importance of strategic financial planning from an early age, encouraging students to approach money matters with foresight and responsibility.
Speaking at the event, the Head of Trading and Products at NGX, Abimbola Babalola, emphasised the profound impact of financial literacy on young people’s futures. He stressed that financial choices made at the event will shape the quality of life in the years to come. By mastering the principles of saving, investing, and responsible money management early on, students can set themselves on the path to long-term financial success.
Assistant Director of the Consumer Protection Department at the CBN, Christian Mordi, introduced the Sabi Money platform, an initiative aimed at deepening financial education across Nigeria.
He noted that financial literacy is not just about understanding numbers but also about cultivating discipline, patience, and informed decision-making skills that contribute to economic security. He encouraged students to leverage available resources to develop strong financial habits that will serve them well into adulthood.
The chief executive officer of MinieMoney, Gbolahan Faniran stressed the importance of early investment habits and the power of compound interest.
He urged students to look beyond financial trends and focus on making intentional money choices that secure their future. Achieving financial success, he explained, is not about following the crowd but about making well-informed decisions that align with long-term financial goals.
NGX Group also expressed commitment to deepening financial literacy among young people through strategic initiatives. The X-Academy, one of its flagship programs, offers tailored financial education courses designed to equip individuals with practical knowledge.
Additionally, NGX StockTown, a comic book series created to make financial education more engaging, continues to serve as an innovative tool for teaching financial principles through storytelling.
