In furtherance of its commitment to increasing financial literacy amongst young Nigerians, Stanbic IBTC Bank partnered with Junior Achievement Nigeria to organize a two-phased competition on financial literacy, as a way to identify and reward financially savvy secondary school students across the country.

First phase of the competition, Monie-Pedia online quiz opened to all students participating in JAN 2018/2019 financial literacy programs on May 13 and closed on May 20, with over 1900 students participating. Cynthia Aneke from Metropolitan Girls Secondary School, Enugu emerged the overall winner of the MoNie-Pedia, while Jennifer Okoh also from Metropolitan Girls Secondary School Enugu and Fathiat Adebayo from Rockford Schools came 2nd and 3rd respectively. All winners will receive cash prizes towards their education.

May 27 was a memorable day as we celebrated Children’s Day with the second phase of the competition – the Money Bee. With expert use of technology, transparent processes for timekeeping, brilliant students from 23 diverse schools, an entertaining quiz master and four expert judges, it rivalled any game show in the world. All thanks to the planning team led by the National Program Manager, Ugonna Achebe and Monitoring and Evaluation Officer, Esther Agbenla.

Teams from 23 schools performed in the first round and answered two questions each. 12 teams got 2 out of 2 and advanced to the second round, answering another set of harder financial literacy questions. 5 teams got 2 out of 2 and advanced to the third round where they had to present arguments for or against controversial statements. Two teams tied for first place scoring 99 points out of 100: Canterbury International School and Heritage Global Academy, whilst Ayomi Schools came 3rd in the competition.

Stanbic IBTC was duly represented by their senior management, including CEO of Stanbic IBTC Bank, Dr. Demola Sogunle who emphasised the importance of education and role of continuous learning to attaining tangible success. He advised the students to learn from mentors and good role models as this helps in achieving their goals faster by learning from their mistakes.

The top three winning teams received Stanbic IBTC Trustee accounts with cash awards towards school fees and all five finalists received Monopoly games from Bestman Games.

We are grateful to Stanbic IBTC for sponsoring both competitions, and to our judges: Iretiola Lawal, Head Product & Strategic Partnerships, Stanbic IBTC; Nimi Akinkugbe, CEO Bestman Games; Deji Tunde – Anjous, Managing Director, AXA Mansard Investments Ltd; and Israel Nnanna, Manager/Business Process Solutions, Deloitte & Touche, for helping to select our inaugural Money Bee champions. We are also grateful to Landmark Event Center for their support.


JA Nigeria

JA Nigeria


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