Unity Bank MD Tasks Youths on Savings Culture at World Savings Day

Mr. William Odigie in a photo session with some of the students after the training.

The Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has renewed the Bank’s call for young Nigerians to embrace a savings culture, urging them to see savings as a lifelong discipline for creating stability and financial resilience.

Mr. Kolawole gave the charge while addressing students of Alvana Model Secondary School, Owerri, Imo State, as part of the financial literacy training organised by the Bank to mark this year’s World Savings Day.

Represented by Mr. William Odigie, Unity Bank’s Zonal Head, South East/South South, Mr. Kolawole reaffirmed Unity Bank’s commitment to deepening financial inclusion among young Nigerians as it joined global institutions to commemorate this year’s World Savings Day, themed “Beyond Savings – Building Financial Resilience.”

The Bank participated in nationwide Financial Literacy Training sessions held simultaneously across the country, an initiative led by the Central Bank of Nigeria (CBN), the Bankers’ Committee, Deposit Money Banks and Junior Achievement Nigeria, aimed at improving financial inclusion and equipping young people with essential money management skills.

Speaking during the training, Mr. Kolawole stressed that “savings is foundational to financial planning, financial management and investment, and therefore the Youth must imbibe the culture of savings not just as mere financial activity, but to enable them to create financial security and independence in the long run”.

He noted that Unity Bank continues to prioritise financial literacy initiatives because early exposure to money management helps young people mitigate uncertainties and economic shocks that may hinder their ability to meeting goals.

The training sessions, facilitated by Unity Bank staff across multiple states, exposed students to practical lessons on budgeting, financial goals and seminar classes and workshops.

World Savings Day, celebrated annually on October 31, promotes the importance of savings as a cornerstone of economic resilience. In Nigeria, Deposit Money Banks collaborate with the CBN and partner organisations to deliver training programmes that equip students with lifelong financial skills.

Unity Bank’s participation reflects its ongoing dedication to supporting youth development and strengthening the financial literacy ecosystem across the country.

 

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

NAICOM: Our Expectations from Insurance Operators Post-Recapitalisation

Being the keynote address by Mr. Olusegun Omosehin. Commissioner...

NGX Chair: Nigeria, USA Have Opportunity of Partnership on Security, Investment, Sports

I am delighted to participate in this convivial breakfast...

NGX Chair: Dangote Refinery IPO Will Deepen Nigeria’s Capital Market

Being excerpts of a TV interview granted by Dr....

INEC Chairman, Joash Amupitan, to Keynote GOCOP 2026 Conference in Lagos

Chairman of the Independent National Electoral Commission (INEC), Professor...

NCRIB President Endorses Insurance Meets Tech 5.0, Rallies Brokers to Participate

L-R: Executive Secretary, Nigerian Council of Registered Insurance Brokers...

Topics

Adekunle Gold, Wande Coal, Young Jonn Set to Thrill Fans at Lagos Shopping Festival

Lagosians are in for the most exciting music extravaganza...

NCDMB Co-Chair, Ekpo, Meets ES, Pledges Support for Local Content Programmes

L-R: The newly appointed Co-Chair of the Governing Council...

AfDB Urges US to Support Agriculture in Africa

The President of the African Development Bank, Dr. Akinwumi...

PenOp Appoints Anthonia Okoro as Chief Executive Officer

Pension Fund Operators Association of Nigeria is pleased to...

Emirates Group Reports $12.6bn 2015 Half-year Revenue

The Emirates Group has announced its half-year results for 2015-16, showing continued business growth and a strong performance. The Emirates Group revenue reached AED 46.1 billion (US$ 12.6 billion) for the first six months of its 2015-16 financial year, down 2.3% from AED 47.2 billion (US$ 12.9 billion) during the same period last year, reflecting the impact of the strong US dollar against major currencies. The Group marked one of its best half-year profit performances ever, with net profit rising to AED 3.7 billion (US$ 1.0 billion), up 65% over the last year’s results.

AfCFTA, UNDP Task Africa on Regulation to Drive MSMEs

African governments can turn trade barriers into accelerators that...

Access Bank Opens Application for Womenpreneur Pitch-a-Ton 2025 Program

L – R: Nene Kunle-Ogunlusi, Group Head, Women Banking; Chozoba...

ISSAN Caution Banks, Other Financial Institutions on Rising Cyber Attacks

The Information Security Society of Africa - Nigeria (ISSAN),...
spot_img

Related Articles

Popular Categories

spot_imgspot_img