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-changing economic environment.
Speaking in Abuja on Tuesday during the Global Money Week 2026 celebration, the Director of Consumer Protection and Financial Inclusion Department, Mrs Aisha Isa Olatinwo, stressed the importance of equipping young people with the knowledge to make sound financial decisions early in life.
“In today’s rapidly evolving financial landscape, financial literacy is no longer optional; it is essential,” she said, noting that informed financial choices not only benefit individuals but also strengthen families and contribute to national economic growth.
Olatinwo encouraged students to engage in open conversations about money, explaining that such discussions help dispel misconceptions and build confidence. She also highlighted several initiatives introduced by the apex bank, including the Bank Consumer Education Series and the “Sabi Money” e-learning platform, both aimed at improving financial knowledge, particularly among young Nigerians.
She said activities lined up for this year’s Global Money Week are designed to promote responsible financial behaviour and inspire a culture of smart money management. Beyond students, she added that the CBN is extending financial education efforts to parents, traders, and communities nationwide.
Advising participants, Olatinwo urged a shift in mindset toward viewing money as a tool for investment rather than mere consumption. She explained that building wealth requires prioritising investment and using returns for spending.
Earlier, the Head of Consumer Education and Evaluation Division at the CBN, Mr Amuwa Nelson, described Global Money Week as a global initiative focused on empowering young people with the knowledge and confidence to make responsible financial decisions.
He noted that this year’s theme, “Smart Money Talks,” promotes open discussions about money as a pathway to better financial understanding. According to him, the event offers participants practical exposure to saving, spending, and financial planning, as well as opportunities to interact with financial institutions and explore products tailored to young people.
The CBN reiterated its commitment to fostering financial literacy as a foundation for a more secure and economically resilient future.