CBN Calls for Mandatory Financial Literacy in Schools

During an event in Abuja on Tuesday, as part of Global Money Week 2026, Aisha Isa Olatinwo, the Director of Consumer Protection and Financial Inclusion at the Central Bank of Nigeria (CBN), stated that financial literacy should be mandatory for Nigerian secondary school students. She highlighted the necessity for young people to make informed financial decisions in a rapidly evolving financial landscape.

Olatinwo emphasized that financial literacy is essential not only for individuals and families but also for the economic progress of the country. She encouraged students to engage in open discussions about money to dispel misconceptions and build confidence in financial matters.

The CBN's plan for Global Money Week includes various activities aimed at promoting responsible financial behavior among youth. Amuwa Nelson, the head of Consumer Education and Evaluation Division at CBN, explained that the week focuses on equipping young people with knowledge and confidence to make responsible financial decisions, with the theme for 2026 being "Smart Money Talk.".