CBN unveils SabiMONI platform to deepen financial inclusion, literacy

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on Monday, unveiled the SabiMoni e-learning platform in the apex bank’s efforts to deepen financial inclusion and literacy.

The initiative also seeks to bridge income inequality, combat poverty and preserve social harmony and ultimately ensure Financial System Stability.

At the official launch of the platform in Abuja at the CBN headquarters, Emefiele described SabiMONI as a fully digital national e-learning platform that provides a knowledge reservoir for financial literacy. He said the platform was designed to offer individuals an opportunity to be trained and to become Certified Financial Literacy Trainers (CFLT) through self-service.

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

The platform is also aimed at supporting our efforts towards 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,” Emefiele stated.

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