Key Points

• Unity Bank promotes a strong savings culture among youths.

• Financial literacy equips young Nigerians with money management skills.

• Early savings build long-term financial resilience and independence.

Mr. Ebenezer Kolawole, the Managing Director and CEO of Unity Bank Plc, has once again urged young Nigerians to adopt a savings culture. He wants them to see saving as a lifelong habit that is important for financial stability and resilience.

The message was given during a financial literacy training at Alvana Model Secondary School in Owerri, Imo State, which was held to celebrate this year’s World Savings Day.

Mr. William Odigie, Unity Bank’s Zonal Head for the South East and South South, spoke on behalf of Kolawole and said that the bank was still committed to helping more young people get access to financial services.

The Central Bank of Nigeria, the Bankers’ Committee, Deposit Money Banks, and Junior Achievement Nigeria all worked together on this event as part of a nationwide effort to teach students how to manage their money.

The theme for the day was “Beyond Savings—Building Financial Resilience,” and Unity Bank joined other global organisations in celebrating it.

Unity Bank MD talks about how important it is to have a savings culture

Kolawole stressed during the training that “savings is the foundation of financial planning, management, and investment.” He told students that saving should be more than just a financial task; it should be a way to gain long-term security, independence, and personal growth.

He said that teaching young people about financial planning early on helps them prepare for economic shocks and uncertainties, which gives them the tools they need to reach their personal and professional goals more easily.

The MD says that developing a regular savings habit is important for both personal wealth and the economy as a whole.

A culture of saving helps young people learn about money

Unity Bank employees led interactive workshops in several states on topics like budgeting, setting financial goals, and doing hands-on activities.

The sessions were meant to make learning about money real and fun, giving students the tools they needed to handle money responsibly from an early age.

Kolawole stressed that being financially literate is important for building a culture of saving. Young people can build a foundation for long-term wealth creation and make themselves less vulnerable to economic shocks by learning how to plan, save, and invest wisely.

Regularly saving money makes you more financially stable

Every year on October 31, people around the world celebrate World Savings Day. This day reminds us how important it is to save money to help the economy stay strong.

Unity Bank and other banks work with the CBN and other organisations to give young Nigerians training that teaches them how to manage their money in a way that will help them for the rest of their lives.

Unity Bank’s involvement shows that it is still dedicated to helping young people grow and learn about money. The bank wants to give students the tools they need to take charge of their money, make a real difference in the economy, and become financially independent for life by putting savings culture and financial education first.