Global Money Week: Unity Bank Engages Students, Harps on Financial Independence and Security

Unity Bank Plc has taken proactive steps towards enhancing financial literacy among students across Nigeria by organizing interactive sessions in 15 schools across the country as part of the commemoration of the 2024 Global Money Week.

The Financial Literacy Training, held in accordance with the directives of the Central Bank of Nigeria and Bankers Committee, aimed at fostering financial inclusion and equipping young minds with essential money management skills. Mrs. Tomi Somefun, the Managing Director/Chief Executive Officer of Unity Bank, led the initiative by facilitating a session at the NYSC Demonstration Secondary School in Calabar, Cross River State.

Represented by Mrs. Patricia Ahunanya, Unity Bank’s Chief Compliance Officer, Mrs. Somefun imparted invaluable insights to students on various aspects of wealth creation, emphasizing the importance of cultivating savings habits, investment strategies, and early adoption of prudent money management techniques.

The engagement with students was designed to instill financial discipline and promote a culture of savings and investment, thereby fostering financial independence and security among the younger generation. Mrs. Somefun also recognized exceptional students during the session, presenting them with awards to encourage their commitment to financial literacy.

Her interaction with the students was aimed at instilling financial discipline and financial management skills for the attainment of financial independence and security while promoting a savings and investment culture.

Global Money Week (GMW), an annual campaign dedicated to promoting financial awareness among youth worldwide, serves as a platform for educating young people on making informed financial decisions. With the participation of over 40,000 organizations globally, impacting more than 60 million children, GMW plays a significant role in shaping the financial future of the next generation.

In Nigeria, the coordination of GMW activities is spearheaded by the Central Bank of Nigeria and the Banker’s Committee in collaboration with Junior Achievement Nigeria. Financial institutions across the nation actively participate in this initiative, demonstrating their commitment to nurturing financially literate individuals who can contribute to the country’s economic growth and development.

Unity Bank’s initiative underscores its commitment to corporate social responsibility and its dedication to empowering Nigerian youth with the knowledge and skills necessary for financial success in an increasingly complex world. By investing in the financial education of students, Unity Bank is not only building a financially savvy generation but also laying the groundwork for a more prosperous future for Nigeria.