SabiMONI e-Learning Platform Launched by CBN Governor to Improve Financial Literacy
The website will be a valuable resource for
learners and researchers, as well as a means for individuals to become Certified
Financial Literacy Trainers.
This campaign is part of the Central
Bank's efforts to improve financial literacy and reach its objective of 94%
financial inclusion by 2024.
NIGERIA, ABUJA – Mr. Godwin Emefiele,
Governor of the Central Bank of Nigeria (CBN), has unveiled the SabiMONI
e-Learning Platform, which is a key step toward boosting financial literacy in
Nigeria.
The SabiMONI e-Learning Platform is a
fully digital national e-learning portal that offers a comprehensive knowledge
base for financial literacy. The new platform seeks to act as a library of
information for both learners and academics, bridging the knowledge and
understanding gap in finance.
During the launch, Emefiele mentioned
the platform's ability to establish a conducive environment for financial
learning. "The initiative will provide individuals with the opportunity to
be trained and become Certified Financial Literacy Trainers through
self-service," he explained. This action is likely to aid the central
bank's attempts to enhance the number of specialists capable of driving
financial education in Nigeria and beyond.
Emefiele went on to say that financial
literacy is still one of the most important drivers of financial inclusion and
is required for stronger financial stability, economic growth, and development.
He stated that a lack of or poor levels of financial knowledge is a significant
barrier to financial inclusion.
The SabiMONI e-Learning Platform is part
of the CBN's bigger endeavor to improve financial literacy in the country. The
central bank has set a goal of 94% financial inclusion by the end of January
2024. The SabiMONI platform is seen as a vital tool in achieving this lofty
goal.
The CBN Governor finished his remarks by
expressing hope that the SabiMONI e-Learning Platform will increase consumer
trust in the adoption and use of digital financial services, ultimately
contributing to the stability of Nigeria's financial system.
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