Union Bank promotes financial literacy among youths

Executives of Union Bank has celebrated Financial Literacy Day by teaching students across Nigeria about the merits of saving.

Its CEO, Emeka Emuwa; Executive Director, Commercial Banking; Emeka Okonkwo, Head, Group Corporate Strategy, Lola Cardoso, Head of Human Resources, Miyen Swomen and over 50 other workers visited 30 schools across six states including St. Johns College, Jos and Government Science School, Kuru, Plateau State.

Financial Literacy Day is a part of Global Money Week, an annual worldwide celebration set aside in March for youths to learn about money, saving, creating livelihoods and becoming financially literate as a whole.

The theme for this year was Learn, Earn and Save. Union Bank employees spent the day with over 3000 primary and secondary students from 30 schools in all the six geo-political zones across the nation, providing them with the basics of financial education, and empowering them to be prudent from a young age.

During his interactive session with students of St. John’s College, Jos, Plateau State, Emuwa taught the students how careful money management will help them gain financial freedom, and prepare them for the future. He encouraged them to start making the right financial decisions now so they could build their understanding of how to earn, save and invest money.

He said: “One of the benefits of this program is that children are becoming more financially literate. Financial education in schools will empower them to make sound financial decisions in future. School children will also pass the knowledge gained to their family and friends”.

To the students he said “You must remain focused on your goals and work towards achieving them. Goals have to be SMART- Specific, Measurable, Achievable, Realistic and Time-bound. Stay focused in school and develops as many critical skills as possible. Keep learning and stay curious always” he concluded.

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