The Central Bank of Nigeria (CBN) has urged Nigerians and youths to be financially literate in order to exploit all available financial products and services. He said that the strong correlation between a nation’s level of financial literacy and the nation’s economic and financial development could not be overemphasised. Uwakeke said that financial literacy would also help in the financial management of funds and grow an individual’s saving culture. Uwaleke also advised Nigerians to seek information on the financial strength and capacity of financial institutes before making an investment. She advised youths to widen their horizon on finance and other related matter and to also optimise opportunities given to gain financial literacy.

Source: Nigerian Tribune June 28, 2019 14:37 UTC