First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, is collaborating with the rest of the world in celebrating the Global Money Week to engage children in the rudiments of financial literacy.
The Bank under its Corporate Responsibility and Sustainability scheme initiated the Future First Programme to impart financial independence into young people through the acquisition of the right financial knowledge. The Future First programme is designed to empower secondary school students between 12 to 17 years to build fulfilling careers and be better equipped with tools and knowledge for long term financial independence.
The Bank has to date covered over 40 secondary schools across the country, impacting over 20,000 students. In commemoration of the CBN Financial Literacy Day, and in continuation of the Bank’s drive for financial literacy, FirstBank has adopted Tinuola International School, Ado Ekiti to teach the students the basics of money and empower them with the financial knowledge they need to be relevant in the world global economy. The Executive Director, Lagos and West, Gbenga Shobo will lead FirstBank’s delegation to Ado Ekiti and personally take the students on Financial Literacy. The CBN Financial Literacy Day is specifically targeted at school children to raise their financial awareness.
In a statement by Mr. Onasanya, FirstBank is firmly committed to the achievement of financial inclusion in Nigeria and would continue to work towards this aspiration by extending banking services to under-banked businesses, communities and individuals across the country with our extensive network of over 850 branches. “Beyond this, we recognize that Financial Literacy is a key enabler in our quest for Financial Inclusion and that we must begin by ensuring that our children are properly empowered with a sound financial education. FirstBank would continue to assist the Nigerian child and young adult to build a prosperous future by extending financial education and services to them early in life”, he said.
To further secure the financial future of young students, FirstBank has in place the MeFirst Account targeted at secondary school students, between 12 to 17 years to make them financially savvy, whilst saving up funds for their education and other future endeavours.
First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, is Nigeria’s leading financial services institution by total assets and gross earnings and one of the largest corporate and retail banking financial institutions in sub-Saharan Africa (excluding South Africa).