The Central Bank of Nigeria (CBN) has unveiled an e-learning platform, SabiMONI, to promote financial literacy and deepen financial inclusion.
Speaking at the launch on Monday, Godwin Emefiele, governor of CBN, said the platform is a fully digital national e-learning platform that provides a knowledge base for financial literacy.
Emefiele said the absence of or low levels of financial literacy constituted an impediment to financial inclusion.He explained that the pace of financial inclusion is directly related to the level of financial literacy and financial capability. “Especially, the northern part of the country as well as expansion of digital financial services and platforms amongst its strategic priority areas,” Emefiele added.“To enable us to achieve these, we must take deliberate steps to upscale financial capability through financial education programmes.
“This will serve as a strategy that would enable the creation of a conducive environment for serving or ensuring the inclusion of the most excluded groups.”On her part, Rashida Monguno, director of consumer protection, CBN, said financial literacy remained a key driver of financial inclusion globally.
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