The University of Lagos has signed a Memorandum of Understanding with Credit Registry to promote financial literacy, responsible credit use, and economic empowerment among students.
The partnership will leverage the African Consumer Credit Academy to equip students with practical knowledge in personal finance, credit management, entrepreneurship, and wealth building.
Managing Director of CreditRegistry, Dr Jameelah Sharrieff-Ayedun, represented by the registry’s Chief Information Officer, Nse Ikiddeh, said the partnership aimed to bridge the gap between academic brilliance and economic resilience.
He said, “It is a declaration of intent, and partnering with prestigious institutions like the University of Lagos, we are bringing the same gold standard to the very place where Africa’s future is being forged.
“We aim to uphold the standards of our industry and ensure that the core of our economy remains informed and involved. Our goal is to guarantee that students graduate with more than just a degree. The collaboration is designed to bridge the gap between academic brilliance and economic resilience.”
He noted that several brilliant African ideas fail not because the product was bad, but because the person does not exist in the financial system to access capital.
“The Vice-Chancellor has a powerful vision that aligns perfectly with ours; this is why we are investing in students who will not graduate to start paying bills but command the creation of generational wealth,” he added.
On her part, the UNILAG Vice-Chancellor, Prof Folasade Ogunsola, represented by the Deputy Vice-Chancellor, Prof Olufunmilayo Oboh, expressed gratitude to CreditRegistry for its confidence in the university.
She said the partnership would shape students’ financial futures.
“Our students will gain early exposure to how credit works and is assessed in the real world, and the benefits are both immediate and long-term. They will gain access to practical financial literacy training that complements their academic work, regardless of faculty or course of study.
“They will understand how to budget, manage credit responsibly, build a positive financial profile, and avoid the pitfalls that derail many promising careers and businesses,” she said.
Ogunsola further noted that the collaboration opens pathways for real opportunities, inclusive certification, mentorship, and exposure to financial institutions and industry professionals through platforms such as the Africa Credit Expo.
She also highlighted the benefits for faculty members, describing the partnership as a shared commitment to building financially informed, credit-aware, and economically empowered young Nigerians.
