Fidelity Bank Promotes Financial  Literacy to 3,500 Students in 31 Schools

Fidelity Bank has tutored 3,500 students in 31 schools across Nigeria, as part of activities to mark this year’s Global Money week and Financial Literacy Day.

The bank’s Managing Director, Mr. Nnamdi Okonkwo, who was represented by its Divisional Head, Brand and Communication, Mr. Charles Aigbe, was at the Government Day Secondary School, Lokoja, Kogi State. Also, other senior employees of the bank visited other schools in the country to promote financial literacy.

The Financial  Literacy  Day  was set  aside  by  the  CBN  to focus  on  increasing  the  level  of awareness  of  the  youth  on  the  importance  of  earning,  managing and saving  money  in order  to have a  secure  future.

Fidelity Bank supports the initiative  that  is  targeted  at  getting  more  young  people  to  participate in  the  formal  banking  system  in  order  to  create  financially inclusion.

Okonkwo said financial literacy among Nigerians, especially the youth, would foster economic growth and development.

Okonkwo noted that financial literacy would help young people gain financial freedom through prudent management of money and clear differentiation of needs and wants.

He explained that the initiative was aimed at globally engaging children on aspects of financial education including saving, creating livelihoods, gaining employment and entrepreneurship, adding that it would help develop responsible bankers and bank customers in the future.

In addition, he said the programme would make young people make the right financial decision early in life and manage resources responsibly.