The Managing Director and CEO of Unity Bank Plc, Mr. Ebenezer Kolawole, has urged young Nigerians to develop a habit of saving, highlighting its crucial role in achieving financial stability and long-term resilience.
Mr. Kolawole made the appeal while addressing students at Alvana Model Secondary School, Owerri, Imo State, during a financial literacy training session organized by the bank in observance of this year’s World Savings Day.
Represented by Mr. William Odigie, Unity Bank’s Zonal Head for the South East and South South, Kolawole reaffirmed the bank’s commitment to advancing financial inclusion among youths. The 2025 World Savings Day, themed “Beyond Savings – Building Financial Resilience,” saw Unity Bank join global institutions in highlighting the importance of sound money management.
The initiative forms part of nationwide financial literacy sessions, led by the Central Bank of Nigeria (CBN) in collaboration with the Bankers’ Committee, Deposit Money Banks, and Junior Achievement Nigeria. The programme aims to equip young people with essential financial skills and improve their understanding of personal finance.
“Savings is foundational to financial planning, management, and investment,” Kolawole said. “The youth must embrace savings not merely as a financial activity but as a tool for achieving long-term financial security and independence.”
He added that Unity Bank continues to prioritise financial literacy, noting that early exposure to money management can help youths navigate economic uncertainties and prevent setbacks to achieving their goals.
The training sessions, facilitated by Unity Bank staff across several states, included practical lessons on budgeting, setting financial goals, and interactive workshops designed to give students hands-on experience in managing finances.
World Savings Day, celebrated globally on October 31, underscores the significance of savings as a cornerstone of economic resilience. In Nigeria, Deposit Money Banks collaborate with the CBN and partner organisations to deliver programs that instill lifelong financial skills in students.
Unity Bank’s involvement highlights its ongoing commitment to youth development and strengthening financial literacy across the country.
