Cross-section of the University of Offa students

The University of Offa (UNIOFFA) alongside other higher institutions has recently attended a financial literacy seminar hosted on the University of Ilorin campus, Kwara state.

The event was held on the 9th of November, 2023 and it was organized by the financial literacy technical committee of the Securities and Exchange Commission. The seminar was themed “Investor Education for an Emerging Economy”.

The event served as a platform for students to gain valuable insights into financial management and investment strategies. One of the crucial highlights of the seminar focused on the importance of financial literacy in safeguarding students against potential risks, particularly in the realm of investments.

Speakers emphasized the need for students to exercise caution and discernment, especially when faced with enticing investment opportunities. Addressing the students, one of the experts in financial literacy “emphasized that a well-informed and cautious approach is essential in the increasingly complex landscape of investment options”.

The Seminar was graced by some notable vice-chancellors from Ojaja University, and Thomas Adewumi University, among others. In attendance was also Dr. Akeem Oyewale of Marble Capital Ltd. The speakers were Tunde Kamali (Director, Market Development Department, Sec.), Odiri Oginni (Managing Director, United Capital Asset Management PLC), Sola Adesakin (Founder Smart Stewards), Oluwatosin Olaseinde (Founder Money Africa).

Apart from the University of Offa, other institutions that attended the seminar include Landmark University, Summit University Offa, University of Ilorin, Ojaja University, Kwara State University, Ahman Patigi University, and Al-Hikmah University among others.

From left to right: VCs — Landmark, UNILORIN, Ojaja

Ponzi and scam investments have in recent times become a prevalent concern, preying on individuals' lack of financial knowledge. Students were encouraged to question and verify investment opportunities, considering factors such as legitimacy, risk factors, and potential returns.