The Central Bank of Nigeria (CBN) has urged secondary school students across the country to take financial education seriously, describing it as an essential life skill in today’s fast-evolving economy.
Speaking in Abuja on Tuesday during the opening of the Global Money Week 2026, the Director of the Consumer Protection and Financial Inclusion Department, Mrs Aisha Isa Olatinwo, emphasized the importance of early financial awareness among young people.
She said financial literacy is no longer optional but a necessity for navigating modern financial systems.
“In today’s rapidly evolving financial landscape, financial literacy is no longer optional; it is essential,” she said, adding that informed financial choices empower individuals, strengthen families, and contribute to national economic development.
Olatinwo encouraged students to speak more openly about money, noting that such conversations help dispel misconceptions and build financial confidence.
“When we talk about money, we break down misconceptions, we build confidence, and we equip ourselves for a more secure financial future,” she added.
She also highlighted ongoing CBN initiatives aimed at improving financial understanding among Nigerians, including the Bank Consumer Education Series and the “Sabi Money” e-learning platform, which are designed to equip citizens—especially youths—with practical money management skills.
According to her, activities lined up for this year’s Global Money Week are designed to promote responsible financial behaviour among young people and extend financial education beyond classrooms to parents, traders, and communities nationwide.
“Let’s not see money as an instrument to spend. Look at money as an instrument for investment, and the yield from that investment you can spend. That way, you build a rich future,” she advised.
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 equipping young people with the knowledge and confidence to make sound financial decisions.
He said this year’s theme, “Smart Money Talks,” encourages open conversations about money, stressing that asking questions and sharing ideas are key to improving financial understanding and securing a better future.
Nelson added that participants will engage directly with financial institutions during the programme, gaining practical exposure to saving, spending, and exploring financial products tailored for young people.