December 22, 2024

FINTECH MAGAZINE AFRICA

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Central Bank of Nigeria Rolls Out Step-by-Step Guidelines on How to Sign up For SabiMONI

The Central Bank of Nigeria (CBN) has recently published a step-by-step guide on how the public can sign up for SabiMONI, the e-learning platform designed to train people with up-to-date financial tools and resources at no cost.

The announcement is coming a few months after the platform was launched by the now-suspended CBN governor, Godwin Emefiele.

To be fully onboarded on the financial literacy platform, below are guidelines posted by the CBN to follow;

1. Sign up by using the official website of the SabiMONI e-Learning platform with any browser of their choice.

2. Create an account by registering and filling in the required fields.

3. Check your email inbox/spam folder for a confirmation mail then click on it to verify the created account.

4. Fill in your email/username and password to log in and update your profile, then select a course of your choice and fill in all required fields

5. After undergoing all the necessary processes, click on course overview then the list of modules in the course will be available to you.

SabiMONI was launched on May 18, 2023, by the Central Bank of Nigeria to enhance the financial literacy of Nigerians. 

In the age of cashless, electronic transactions, and digital financial services, the CBN emphasized that digital financial literacy is more vital than ever, adding that it is not just for the financially excluded but to expand access amongst the financially included.

Therefore, the e-learning platform will provide financial information for learners, trainers, and researchers. It is also designed to train and provide people with up-to-date financial tools and resources at no cost. The SabiMONI platform consists of 15 financial literacy modules.

The CBN believes that the platform’s existing financial literacy policies, and also the digital format will allow for a wider reach, better tailoring, and more convenience, flexibility, and scalability at lower cost.

Due to the platform’s ability to address the specific needs of various segments, it is poised to be transformative for the design and delivery of national financial literacy programs.

The CBN remains committed to promoting financial inclusion by enhancing trust & confidence in the financial system, deepening the payment system, and upholding consumer rights. Importantly, the apex bank understands that financial literacy is a strong lever that will accelerate progress.

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