For a secured future and one that would guarantee some level of financial freedom, understanding management of finances is the way to go.

This was the target for promoters of Financial Literacy Excellence Award (FiLEX), a project of Development Initiative Network (DIN) when it instituted the annual award to encourage corporate and individuals, working hard to promote financial literacy across the country.

Bola Fajemirokun, executive director, DIN said the award is a new recognition platform for those working in the financial literacy space in Nigeria. “It’s purpose is to honour and celebrate the achievements of those individuals and organizations whose activities or initiatives have delivered results and impact in the important work of ensuring that everyone in Nigeria, has the knowledge and confidence to make sound financial decision and engage effectively with financial institutions.

Fajemirokun said this year’s theme “Footprint of Distinction” is in recognition of the trailblazing efforts of those who have been honoured.

The award for Corporate Achievement Award for financial institution went to the Nigerian Stock Exchange. It was honoured for its annual essay competition for secondary school students. More than 3,500 students take part in this exercise annually and it has helped in financial literacy among young people.

The second award being the corporate achievement award for non-financial institution went to ‘Financial Literacy for All’ for its savings education programmes for children and the hearing and sight impaired.

Innovation award went the Enterprise Development Centre of the Pan-Atlantic University for the customized content on its online portal as the SME toolkit.

While the Customer Champion Award went to Sola Salako, founder of the Consumer Advocacy Foundation (CAFON) in recognition of her pioneering role in enlightening financial consumers on their rights and responsibilities. 

Modestus Anaesoronye

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