CBN launches e-learning platform to promote financial literacy

The Central Bank of Nigeria, has launched an e-learning platform, SabiMONI, to promote financial literacy in the country.

The CBN Governor, Godwin Emefiele, disclosed that the platform was a fully digital national e-learning platform that provided a knowledge base for financial literacy.

SabiMONI is aimed at providing individuals with the opportunity to be trained and to become Certified Financial Literacy Trainers through self-service.

The apex Bank Governor stated thus:

“The platform is aimed at supporting our efforts toward ramping up the number of experts that can be used to drive financial education in the country and perhaps beyond.

“One of the key drivers of financial inclusion today is no doubt financial literacy.

“It is a prerequisite for greater financial inclusion, which would lead to the stability of the financial system and ultimately economic growth and development,” he said.

 “The pace of financial inclusion is directly related to the level of financial literacy and financial capability.’’

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