Tosin Eniolorunda Foundation champions financial literacy for women in STEM at OAU

In celebration of International Women’s Day (IWD) 2025, the Tosin Eniolorunda Foundation, in collaboration with Moniepoint Group and the Association of Professional Women in Engineering (APWEN), Ile-Ife chapter, organized a financial literacy workshop at Obafemi Awolowo University (OAU).

The initiative targeted female students in science, technology, engineering, and mathematics (STEM), equipping them with essential financial skills to foster their academic and professional growth.

This year’s IWD theme, “Accelerate Action,” underscores the need to dismantle systemic barriers such as unequal pay, restricted access to education, and gender disparity in leadership.

The workshop, which attracted over 250 young women from various STEM disciplines, focused on bridging the financial literacy gap and empowering them with the knowledge necessary to navigate their careers successfully.

As part of its commitment to advancing STEM education in Nigeria, the Tosin Eniolorunda Foundation has undertaken several initiatives, including the recent donation of a CAD/CAM laboratory to enhance technological learning.

The financial literacy session aligns with the foundation’s vision of fostering innovation and inclusivity in STEM-related fields.

Speaking at the event, OAU alumnus and Group CEO of Moniepoint Inc., Tosin Eniolorunda, emphasized the urgency of improving financial literacy in Nigeria. Citing data from the Central Bank of Nigeria (CBN) that only 38% of Nigerian adults are financially literate, he stressed the importance of equipping young women with the financial knowledge necessary for long-term success.

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“Financial inclusion represents a fundamental pillar of economic development, ensuring that everyone can access affordable formal financial services, including payments, credit, and savings. As technology and financial products become more pervasive, financial literacy becomes crucial.

For young women in STEM, understanding concepts like budgeting, investing, and saving is essential for making informed decisions about their education, professional growth, and financial security,” Eniolorunda stated.

The workshop was graced by esteemed members of the university’s academic community, including the Dean of the Faculty of Technology, Prof. Lasisi Umoru; Head of the Department of Mechanical Engineering, Prof. Obayopo; APWEN Coordinator for Ile-Ife, Prof. Mrs. Bello Sururah; and Head of the Civil Engineering Department, Dr. Kemi Ayodele, who chaired the occasion.

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A highlight of the event was a thought-provoking lecture by Prof. Omotayo Aregbesola titled, Now and Beyond: Excelling as Females in STEM. She provided valuable insights into overcoming gender barriers and excelling in STEM careers.

Additionally, Moniepoint Inc.’s Learning and Development Specialist, Yomi Ojute, led an engaging session on practical strategies for financial literacy, leaving participants inspired and well-equipped to take charge of their financial futures.

Feedback from attendees was overwhelmingly positive, underscoring the transformative power of financial education. As the world strives for gender equality, initiatives like these serve as a beacon of hope, inspiring future generations of women to pursue STEM careers with confidence and determination.

Through the dedication of the Tosin Eniolorunda Foundation and its partners, the pathway to financial empowerment and career success for young women in STEM is becoming clearer, paving the way for a brighter and more inclusive future in Nigeria’s economic and technological landscape.