Cultivate a strong savings culture for financial resilience – Unity Bank MD
Unity Bank Plc’s Managing Director/Chief Executive Officer, Mr. Ebenezer Kolawole, has renewed the Bank’s appeal to young Nigerians to cultivate a strong savings culture, describing it as a lifelong discipline that supports stability, resilience, and long-term financial independence.
Addressing students of Alvana Model Secondary School in Owerri, Imo State, during a special financial literacy session marking World Savings Day, Mr. Kolawole—represented by Mr. William Odigie, Unity Bank’s Zonal Head for the South East/South South—reaffirmed the Bank’s commitment to promoting financial inclusion among young people. The year’s theme, “Beyond Savings – Building Financial Resilience,” underscores the importance of building buffers that help individuals navigate economic uncertainties.
Unity Bank joined other Deposit Money Banks, the Central Bank of Nigeria (CBN), the Bankers’ Committee, and Junior Achievement Nigeria in delivering coordinated financial literacy trainings nationwide. These sessions are designed to help young people understand budgeting, goal setting, and responsible financial behaviour.
In his remarks, Mr. Kolawole stressed that savings remain fundamental to financial planning, investment, and effective money management. He noted that developing strong saving habits early in life enables young people to secure their future, withstand financial shocks, and pursue long-term goals with confidence.
According to him, Unity Bank places a high premium on financial literacy programmes because early exposure to financial knowledge equips young people to better navigate economic challenges and make informed decisions.
The Bank’s staff facilitated sessions across several states, offering students practical lessons through workshops, seminars, and classroom interactions.
World Savings Day, observed annually on October 31, highlights the global importance of savings as a core pillar of economic stability. In Nigeria, financial institutions collaborate to deliver capacity-building initiatives that empower students with the tools needed for lifelong financial well-being.
Unity Bank’s involvement demonstrates its ongoing dedication to youth empowerment and its broader mission to enhance financial literacy across the country.
