Financially Literate Youth Population Crucial to Economic Development—NGX

March 17, 2023
financially literate youth population

By Aduragbemi Omiyale

The Nigerian Exchange (NGX) Limited has said it would continue to enhance financial literacy in children and youths while driving financial inclusion because of its importance to the country’s economy.

The Head of Marketing and Corporate Communications at NGX, Mr Clifford Akpolo, while speaking on plans to celebrate the annual Global Money Week, disclosed that a Financial Literacy Talk would take place at the exchange on Tuesday, March 21, 2023, with secondary school students from across the country in line with this year’s theme Plan your money, plan your future.

According to him, the session will cover topics on personal finance and investing, trading with technology on the stock market, and the role of regulation in the capital market. These will then culminate in a closing gong ceremony, where the students will Ring the Bell for Global Money Week.

“NGX, as the sustainable exchange championing Africa’s growth, recognizes the potential of a financially literate youth population which is crucial to driving economic development.

“The exchange places a high value on providing young people with the necessary resources to make informed financial decisions and is dedicated to supporting initiatives that promote sustainable spending habits and financial literacy.

“Our activities for the week have been structured to have an optimal impact and reach thousands of young Nigerians, both online and offline,” Mr Akpolo stated.

It was gathered that the annual Global Money Week would also be celebrated with the NGX by the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN).

On Saturday, March 25, 2023, a Twitter Spaces session will hold by 7:00 pm to educate youths, including Millennials and GenZs, on responsible investing.

The focus will be on sustainable products in the capital market and making the right financial decisions that consider the environment and society and spur economic growth.

Global Money Week is an annual global celebration initiated by Child & Youth Finance International (CYFI), with local and regional events and activities aimed at inspiring children and youths to learn about money, saving, creating livelihoods, gaining employment and becoming entrepreneurs. It is also aimed at empowering the next generation to be confident, responsible and skilled economic citizens.

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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