Nigeria Launches 10 Million Citizen Financial Literacy Program
Analysis based on 25 articles · First reported Feb 02, 2026 · Last updated Feb 03, 2026
The launch of this extensive financial literacy program in Nigeria is expected to have a positive impact on the financial markets by fostering a more skilled and financially aware populace. This initiative could lead to increased participation in formal financial systems, stimulate entrepreneurship, and ultimately contribute to economic growth and stability in Nigeria.
The Federal Government of Nigeria, through the Office of the Vice President and the Presidential Committee on Economic and Financial Inclusion (PreCEFI) chaired by Vice President Kashim Shettima, has launched a free nationwide training program for 10 million Nigerians. The program prioritizes women and youth, aiming to equip them with essential financial skills, investment knowledge, and digital competencies for sustainable wealth creation. A Memorandum of Understanding (MoU) was signed with six professional bodies: the Institute of Chartered Accountants of Nigeria, the Chartered Institute of Bankers of Nigeria, the Chartered Institute of Stockbrokers, the National Institute of Credit Administration, the Chartered Risk Management Institute, and the Nigeria Institute of Innovation and Entrepreneurship. These bodies will jointly design the training programs, certification pathways, digital skills initiatives, and mentorship platforms. WAWU Africa serves as the technical partner, providing the digital platform. The initiative is seen as a strategic national investment to strengthen Nigeria's financial and enterprise workforce, aligning with President Bola Tinubu's administration's economic reforms.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard