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CBN encourages students to build financial skills as economy changes

CBN encourages students to build financial skills as economy changes

The Central Bank of Nigeria has called on students to strengthen their understanding of money management as the country’s economic conditions continue to shift.

It stressed the importance of financial literacy for young people, noting that students should learn how to budget, save, and make informed financial decisions. According to the bank, these skills are becoming increasingly essential due to changes in the economy, including digital financial systems, inflation, and evolving employment trends.

The advisory underscores the need for students to adopt responsible financial habits early, as this will help them navigate future personal and professional financial challenges more effectively.

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