What do you know about money?

Well, what you know determines how well off you can use it.

For women especially, a financial literacy empowerment would go a long to uplift households.

That is why the Investment and Technology Promotion Office of the United Nations Industrial Development Organisation, UNIDO has launched another phase of its capacity building programme by training over 40 Nigerian women in financial literacy.

The financial literacy project is in collaboration with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA and the Lagos Chamber of Commerce and Industry, LCCI.

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The project is to equip the business owners with interactive online learning packages, financial literacy tools and major mechanisms for upgrading enterprises.

“Aside from the training, we will also offer the entrepreneurs business counselling and mentoring programmes aimed at facilitating enterprise growth.

“Our online tools are open to the entrepreneurs as they are expected to ask questions or seek for clarifications,” said the Chief Technical Adviser, UNIDO-ITPO, Mr. Stanislaw Pigon.

He added that, “from the perspective of the MSMEs, the most important factor is that they are ‘bank-ready’. This means we need to offer them some simpler tools to present the financial aspects of their business ideas”.

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