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Thursday, April 04, 2019 / 9:20AM / Firstbank
Nigeria’s premier financial
services brand, First Bank of Nigeria Limited, joined over 50,000 global institutions
to commemorate the 2019 Global Money Week (GMW) which took place on 25 – 31
March 2019. The 2019 Global Money Week is themed “Learn Save Earn”.
Representatives of FirstBank
imparted nuggets of financial literacy to over 7000 students in schools spread
across the 6 geo-political zones of the country which is also in line with the
mandate of the Central Bank of Nigeria (CBN) that each bank in the country teach in selected schools across the 6
geo-political zones. Among the schools visited by FirstBank include the
CEO school: Fiwasaye Girls Grammer Sch. Alagbaka Akure.
According to the official
website of Global Money Week (GMW); “Child & Youth Finance International
(CYFI) initiative, is an annual financial awareness campaign built to inspire children
and young people to learn about money matters, livelihoods and
entrepreneurship” which is akin to FirstBank’s commitment over the years
to encourage its key stakeholders, customers, to imbibe savings
culture whilst having their children also carried along on the essence of
savings through its youth focused products, KidsFirsts (0 – 12 years) and
MeFirst (13 – 17 years) carefully designed to meet the financial
targets of the given demographics. These accounts ensure the accounts holders
acquire the rudiments of banking and financial literacy as they grow into
adulthood and they both come with exciting packages to support the
financial journey of the children, enabling them learn money
management from an early age.
The Global Money Week is in
line with FirstBank’s FutureFirst programme, specially designed
to equip students with the knowledge of money management, early
entrepreneurship skills, and financial independence whilst stimulating in them
savings culture at an early age. Commemorating the Global Money Week is
consistent with the Bank’s financial literacy initiatives.
Speaking on the Global Money
Week, Folake Ani-Mumuney, Group Head, Marketing & Corporate
Communications, First Bank of Nigeria Limited said “interestingly the Global
Money Week coincides with the month of the bank’s 125th anniversary
celebration which indeed has been filled with activities of telling our story
to the world, thereby promoting the need for efficient financial decisions as
not just an individual but a business entity. The FirstBank story is one to be
exemplified by all, especially the youth at promoting good money decisions
towards business sustainability. .
“As the premier financial
institution in Nigeria, we are committed to continually promote financial
literacy amongst the younger generation as with them, the future of the country
is secured, and they would be knowledgeably equipped and guided to make the
right financial decisions, critical to improving their lives and venture into
the right business activities, consequently influencing the economy at large”
she concluded.
Later in the second quarter of
the year, FirstBank is billed to organise its week long Corporate
Responsibility and Sustainability (CR&S) week which among many activities
would offer FirstBank employees the opportunity to give their time
and resources to the service of humanity. The CR&S week is primarily
centred on financial literacy in schools across Nigeria and other locations
where the Bank operates, notably; Democratic Republic of Congo, Ghana, The
Gambia, Guinea, Sierra-Leone, Senegal, United Kingdom and France.
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