When Jude Chinedu heard Chisimdi Okoh talk about how he wanted to change the world, he thought it would be a good idea to do something about it.
And so he founded the Power of One Initiative, a not-for-profit that promotes financial literacy and entrepreneurship in Nigeria, per a press release.
Okoh, who is also the CEO of Chisimdi Okoh Group, told the audience at the inaugural conference that he wanted to "change the world for the better" and that financial literacy is one of the things that can do that.
The 25-year-old, who is also a writer and a lecturer at the University of Lagos, went on to explain that "it's not about having money.
It's about knowing how to manage your money.
It's about knowing how to save.
It's about knowing how to spend.
It's about knowing how to invest.
It's about knowing how to work for yourself.
It's about knowing what you want in life.
It's about knowing what you don't want in life.
It's about knowing that you have the power to change the world for the better."
The conference, which was attended by professionals and budding entrepreneurs, was
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The Central Bank of Nigeria (CBN) released the Nigerian Sustainable Banking Principles, an agreement signed by 34 banks, including the original eight of the nation’s leading banks, that covered nine key areas: environmental and social risk management, environmental and social footprint, human rights, women’s economic empowerment, financial inclusion, environmental and social governance, capacity building, collaborative partnerships and reporting.