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Ecobank mentors students on savings culture

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Savings. PHOTO: google.com/search

Ecobank Nigeria tutored students in various high schools across the country, as part of its activities in this year’s Financial Literacy Day.

Financial Literacy Day, observed in Nigeria on March 30, is an initiative of the Central Bank of Nigeria (CBN) and Junior Achievement Nigeria (JAN), in partnership with the Bankers’ Committee. It is observed annually as part of the Global Money Week.

The Managing Director, Ecobank Nigeria, Charles Kie, lauded the training programme, saying it had gone a long way to sensitising and educating pupils and youths on financial matters.

Kie said the programme is also playing a vital role in the financial inclusion strategy of Central Bank, adding that besides learning savings culture, the students would also know about money management in general.

“This whole idea of setting aside one day in a year to tutor students and youths on financial matters is quite welcoming. This will enhance their financial skills and planning. Apart from a life time impact, it will also facilitate financial inclusion of the unbanked,” he said.

The bank’s top management staff taught students in 30 schools in various parts of the country.

In his presentation to the students of Government Girls Unity College, Damaturu, Yobe State, the Cluster Head, Personal Banking, Advantage segment, Borno/Yobe, Babagana Kyari, advised them to imbibe financial principles at an early age. This, he said, will help them manage their resources effectively; appreciate how money works and how it can be channelled to productive ventures later in life.

The Vice Principal of the school, Habu Yakubu, commended Ecobank for choosing the school and in particular the organisers of the programme, saying that the lecture has widened the students’ knowledge of finance and investment.


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