Saturday, February 24, 2024

CBN targets 95% financial inclusion by 2024, launches e-Learning platform


The Governor of the Central Bank of Nigeria, Godwin Emefiele, said the country’s financial inclusion rate would hit 95 percent by the end of 2024.

Emefiele stated this in Abuja on Friday at the launch of the Financial Literacy e-Learning Platform, SabiMONI.

“The SabiMONI portal will serve as a repository of information not only for learners and trainers but also for researchers in the most effective manner,” he stated.

Also speaking, CBN Deputy Governor, Mrs. Aishah Ahmed said, “SabiMONI portal will help the Bank reach more people, make them aware of the benefits of financial products/services, increase the use of financial services, make better financial decisions and further drive Financial Inclusion.’’

Explaining how the platform will enhance financial literacy, Director, Consumer Protection Department, Mrs. Rashida Monguno, said the SabiMONI platform consists of 15 financial literacy modules, in a train-the-trainer model with the primary targets being the ‘Intermediaries Segment’ as identified by the National Financial Literacy Framework (NFLF). “Upon completion of the course, learners will qualify as Certified Financial Literacy Trainers (CFLT),” she added.

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