Business Hilights
Tracking Nigeria's Headline Business News Online

Advert space

Why FCMB is building saving culture amongst Nigerian youths

The First City Monument Bank (FCMB), has given fresh insights on why it is grooming Nigerian youths to key into the financial system by adopting savings culture.

The new drive is also impacting in youths, innovative sense of financial management techniques that would help secure their future.

These were key explanations made by the bank during its recent outreach programme organised for thousands of students in select secondary schools across the six geo-political zones in Nigeria during the season of the 2017 World Savings Day (WSD) held on October 31.

According to the bank, the strategic mentoring sessions are in line with FCMB’s Corporate Social Responsibility (CSR) and sustainability philosophy.

Business Hilights recalls that this year marks the second consecutive year of the scheme by FCMB.

The programme was executed in partnership with the Bankers’ Committee of the Central Bank of Nigeria (CBN), ideology of ‘Learn, Earn, Save’. Last year.

Globally, WSD is aimed at teaching and reinforcing the key fundamentals of financial literacy, savings culture as well as entrepreneurial skills in the youth.

In his submission during the programme for students of the Holy Child Girls College, Calabar in Cross River State, FCMB’s Manager, Calabar Road Branch, Charles Emefiele, said “imbibing financial principles at an early age will go a long way to help students and youths manage their resources effectively”.