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.

 

Hot this week

Ecobank Marks 14th Ecobank Day Across Nigeria, Empowering Students with Digital Skills for the Future

Hope Fountain Foundation for the Deaf, Agege, Lagos. Ecobank Nigeria...

Leadway Named Insurance Company of the Year at 2026 BusinessDay BAFI Awards

L–R: Chief Executive Officer, Creato Urban Limited, Odion Aleobua;...

Emergency: Rising Prices Worsen Nigeria’s Food Insecurity—Orodata

Rising food prices and the high cost of nutritious...

Fidelity Bank Excels at 2026 BAFI Awards, Wins Two Awards

L-R: Mobolaji Sunmoni, Team Lead, Upstream; Abimbola Ogunyemi, Team...

Fidelity Bank: Celebration of Beauty Industry Excellence

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Nneka Onyeali-Ikpe...

Topics

AfDB Funds Platform to Support Women Empowerment in 36 African Countries

On 15th of July 2016, the African Development Bank...

Supreme Court Stops February 10 Deadline on Old Naira Notes

The Supreme Court of Nigeria has ruled that the...

Cool Plus Offers Innovative Acoustics, Thermal Insulation Tech to Nigeria

  Cool Plus Limited, a leading professional HVAC company in...

AFRICA TELECOM & IT Loses Director, Monique Butt

The Board, Management and Staff of Telecom and IT...

CBN Reaffirms Oversight, Assures Stability of Union Bank After Court Ruling

 The Central Bank of Nigeria (CBN) acknowledges the judgment...

From Market Stall to Millionaire: How Fidelity Bank GAIM 6 Transformed My Life – Fufu Seller

Question: Let’s start this interview with a general introduction...

CSW2022: African Alliance Fulfils N6.65bn Claims to Customers in Q3

African Alliance Insurance Plc has demonstrated her commitment to...