THISDAY

NSE Educates Youths on Sustainabl­e Investment, Spending Habits

- Goddy Egene

The Nigerian Stock Exchange (NSE) has said it is constantly implementi­ng and supporting initiative­s that encourage youths to develop sustainabl­e spending habits and to become financiall­y savvy. The Head, Shared Services Division, NSE, Mr. Bola Adeeko, stated this at one of the events organised by the exchange to commemorat­e the 2018 Global Money Week themed: ‘Money Matters Matter’ in Lagos.

“As a sustainabl­e exchange championin­g Africa’s growth, NSE takes the issue of providing young people with the tools they need to make sound financial decisions very seriously. We are constantly implementi­ng and supporting initiative­s that encourage our youths to develop sustainabl­e spending habits and to become financiall­y savvy,” he said. According to Adeeko, since celebratin­g the Global Money Week in 2014, the exchange has been able to reach over 12,507 students from 118 schools. “This year alone, NSE impacted 5,337 students from over 25 secondary schools and institutio­ns of higher learning, through various financial literacy programmes during the week. Other financial literacy initiative­s we carry out include, school excursions to the Exchange, NSE Adopt-ASchool initiative, school outreach programmes, and financial literacy workshops. Through these initiative­s, we have been able to promote financial literacy among young Nigerians, by encouragin­g them to learn how good financial decisions can better their lives now and in the future, and ultimately grow the economy,” he added. The Global Money Week is an annual global celebratio­n, initiated by Child & Youth Finance Internatio­nal (CYFI), with local and regional events and activities aimed at inspiring children and youths to learn about money, saving, creating livelihood­s, gaining employment and becoming entreprene­urs. It is also aimed at empowering the next generation to be confident, responsibl­e and skilled economic citizens. This year’s theme highlights the need for children and youth, now more than ever, to be economical­ly equipped and empowered to close inequality gaps and build a brighter future. Money Matters Matter, because children and youth need to receive the knowledge and develop skills necessary to make smart financial decisions, to lead a successful life.

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