Yellow Cowries Partners Lagos, Others to Promote Financial Education in Secondary School, ,
Dike Onwuamaeze
Yellow Cowries has partnered the Lagos government and other financial institutions to mark its Global Money Week (GMW) 2025, aimed at promoting financial literacy among secondary school students.
The celebration, which was held recently in Ikeja, Lagos, showcased the Yellow Cowries’ innovative Plan-Save-Invest (PSI) Card Games tournament approach to financial literacy through a dynamic programme that engaged students from four education districts in Lagos.
This is in furtherance of Yellow Cowries’ commitment to advancing financial literacy in Nigeria by reaching over 20,000 students across 140 secondary schools.
Speaking during the event, a member of the Board of Directors of Yellow Cowries, Mrs. Shade Odunaiya, expressed pride in the students’ accomplishments.
Odunaiya said, “Today’s demonstrations validate our innovative approach to financial literacy. These students are becoming confident financial decision-makers who will influence their peers and communities.
“The skills we are fostering today will empower our youth to manage their finances better, ensuring they are well-prepared for the future.”
According to the Director of the Lagos State Ministry of Basic and Secondary Education, Mrs. Shitta-Bey Aramide, the collaboration between Yellow Cowries and Lagos’ education ministry has significantly enhanced our students’ financial acumen.
“The enthusiasm and knowledge displayed today prove we’re on the right path,” said Aramide.
The Chief Executive Officer of Cowrywise, Mr. Razaq Ahmed, harped on the importance of engaging in gameplay to foster youth financial literacy.
Ahmed said, “It is important for young people to understand the benefit of sound financial advice. Developing a savings and investment culture early helps them protect their financial freedom and avoid the mistakes many of us made growing up.
“Today’s event validates our commitment to instilling these vital financial skills in our youth. Collaborations between financial professionals and schools are essential to ensure that students receive comprehensive financial education.”
The celebration included the 6th edition of the Yellow Cowries Financial Literacy Brainee Competition, which highlighted the effectiveness of Yellow Cowries’ educational methodology.
The financial case study of the event enabled students to display their mastery of the Yellow Cowries proprietary PSI’s curriculum by presenting practical solutions to real-world financial scenarios.
Commenting on the event, the Head of Asset Management at CFG Africa, Mr. Akindele Ogundepo, said, “These students are not just memorising financial concepts; they are applying them with remarkable sophistication.
“Financial literacy is not just a skill; it is an essential part of our students’ futures.”
Lagos State Education District 4 emerged victorious in the competition, with Districts 1 and 3 securing second and third positions, respectively.
, Education – THISDAYLIVE, April 4, 2025, 10:38 am
