As part of its participation in the 2023 edition of Global Money Week, First Bank of Nigeria Limited encouraged the study of money management among 3,000 students nationwide.
In a statement, FirstBank Group CEO Dr. Adesola Adeduntan encouraged and inspired young people to learn about money, careers, and entrepreneurship while leading the bank’s staff during Global Money Week/Financial Literacy Day.
According to the statement, Adeduntan held a virtual knowledge sharing event on the ethics of money management at Redeemers Secondary School Libya Road, Narayi Junction Barnawa Kaduna State.
Along with the FirstBank Group CEO’s initiatives, other FirstBank employees went to at least one school in 20 states, including the FCT, where more than 3,000 kids were exposed to the fundamentals of financial literacy, it continued.
The bank claimed that the GMW’s 2023 theme, “Plan your money, plant your future,” was chosen with the intention of encouraging young people to think ahead and broaden their knowledge of how to make wise financial decisions.
It was noted that over 85,000 secondary school students have been affected by the bank’s FutureFirst Initiative in terms of career counseling, financial literacy, and entrepreneurship.
Additionally, the bank said in the statement that it aims to promote the proper savings culture among kids of all age ranges through its children’s products, including the KidsFirst (0-12 years) and MeFirst (13-17 years) accounts.
First Bank noted that GMW reaffirmed the bank’s commitment to raising awareness of the need to protect the future of the younger generation through various initiatives like our FutureFirst initiative and, MeFirst and KidsFirst products and services, which are especially made to benefit young customers.
The statement read, “Having a clear understanding of money during one’s childhood is a critical asset for one to be exposed to as it keeps the mind productively empowered in making smart financial decisions to not just secure the future but to improve it.
The bank keeps promoting financial literacy among young people by giving them the assurance to make wise financial decisions that will benefit them both now and in the future.
