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Firms partner on financial education revolution

This news was culled from the Guardian Nigeria

26 March 2025   |   2:17 am
Yellow Cowries has marked another milestone in youth financial education during its Global Money Week (GMW) 2025 celebration in Alausa Ikeja, Lagos.

The celebration commenced with an energetic walkathon around Alausa, uniting Lagos State secondary school students, representatives from Yellow Cowries, CFG Africa, Cowrywise, and officials from the Lagos State Ministry of Basic & Secondary Education.

Central to the festivities was the 6th edition of the Yellow Cowries Financial Literacy Brainee Competition, which highlighted the effectiveness of Yellow Cowries’ educational methodology.

During the financial case study challenge, student teams displayed exceptional mastery of the Yellow Cowries proprietary PSI (Plan-Save-Invest) curriculum, presenting practical solutions to real-world financial scenarios.

In his remarks, the Headline of Asset Management at CFG Africa, Mr. Akindele Ogundepo, said: “What we witnessed today is nothing short of extraordinary.”

These students aren’t just memorising financial concepts; they’re applying them with remarkable sophistication.”

The PSI Card Games tournament, utilising Yellow Cowries’ groundbreaking gamification tool, further demonstrated the impact of engaging gameplay in fostering financial literacy.

The Chief Executive Officer (CEO) of Cowrywise, Mr. Razaq Ahmed, expressed enthusiasm for the event, stating: “It’s important for young people to understand the benefits 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.

 

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