Union Bank tutors 3000 students on financial literacy

By Princewill Ekwujuru

EXECUTIVES of Union Bank of Nigeria, UBN Plc tutored about 3000 students across Nigeria about the advantages of savings in celebration of the Financial Literacy Day.

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

The Financial Literacy Day is part of the Global Money Week, an annual global celebration set aside annually in March for youths to learn about money, saving, creating livelihoods and becoming financially literate.

The theme for 2017 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, Emeka Emuwa taught the students how careful money management would 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 programme 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 Specific, Measurable, Achievable, Realistic and Time-bound SMART.” He also advised them to stay focused in school and develop as many critical skills as possible, while learning and staying curious always.

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