Unity Bank Charges Nigerian Youth to Embrace Savings for Financial Resilience

Unity Bank Plc has renewed its call for young Nigerians to cultivate a strong savings culture, describing the practice as a lifelong discipline essential for creating financial stability and resilience. 

This charge was delivered by the Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, while addressing students of Alvana Model Secondary School, Owerri, Imo State. The training was part of the financial literacy initiatives organized by the bank to commemorate this year’s World Savings Day.

Represented by Mr. William Odigie, Unity Bank’s Zonal Head, South East/South South, Mr. Kolawole stressed that savings is not merely a financial activity but a necessity for long-term security.

 “Savings is foundational to financial planning, financial management and investment, and therefore the Youth must imbibe the culture of savings, to enable them to create financial security and independence in the long run,” Mr. Kolawole stated.

The commemoration aligned with the global theme, “Beyond Savings Building Financial Resilience,” and reinforced Unity Bank’s commitment to deepening financial inclusion among young Nigerians.

Unity Bank joined other Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN), the Bankers’ Committee, and Junior Achievement Nigeria to participate in nationwide Financial Literacy Training sessions.

The initiative aims to improve financial inclusion and equip young people with essential money management skills. The bank noted that early exposure to money management helps young people mitigate uncertainties and economic shocks that may hinder their ability to meet future goals.

The training sessions, facilitated by Unity Bank staff across multiple states, exposed students to practical lessons and workshops covering: Budgeting; Financial goals and Money management skills

World Savings Day, celebrated annually on October 31, promotes savings as the cornerstone of economic resilience. Unity Bank’s robust participation reflects its ongoing dedication to supporting youth development and strengthening the financial literacy ecosystem across the country.