UNITY BANK CELEBRATES GLOBAL MONEY WEEK, EDUCATES STUDENTS ON FINANCIAL LITERACY

Unity Bank’s managing director/chief executive officer Mrs Tomi Somefun, headed the program as part of its commitment to promoting financial literacy, recently organized financial literacy training sessions in 15 schools across the country. This initiative was part of the Global Money Week 2024 celebrations.

The financial literacy training sessions, held in collaboration with the Central Bank of Nigeria and the Bankers Committee, aimed to drive financial inclusion and empower young students with essential money management skills.

Mrs. Patricia Ahunanya, Unity Bank’s chief compliance officer, who represented the MD/CEO of Unity Bank, Mrs. Tomi Somefun facilitating the financial literacy training for the students of NYSC Demostration Secondary School, Calabar.

Mrs. Tomi Somefun, Managing Director/CEO of Unity Bank PLC, took part in the program by conducting a financial literacy training session at NYSC Demonstration Secondary School, Calabar, Cross River State. During the session, Mrs. Somefun, represented by Mrs. Patricia Ahunanya,Unity Bank’s chief compliance officer of Unity Bank PLC, provided students with insights on wealth creation, savings habits, investment, and money management skills.

The interaction was aimed at instilling financial discipline and management skills among the students, enabling them to achieve financial independence and security while cultivating a savings and investment culture.

Mrs. Somefun also recognized outstanding students during the session, presenting them with awards in appreciation of their engagement and participation.

Global Money Week (GMW) is an annual campaign dedicated to raising awareness about the importance of financial literacy among young people. The initiative focuses on equipping youth with the necessary knowledge, skills, attitudes, and behaviors to make informed financial decisions, thereby promoting financial well-being.

In Nigeria, the Central Bank of Nigeria (CBN) and the Bankers Committee, in collaboration with Junior Achievement Nigeria, coordinate GMW activities. This effort sees the participation of financial institutions nationwide, impacting over 60 million children globally through the engagement of more than 40,000 organizations annually.

Source: Techeconomy

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