Union Bank of Nigeria, one of Nigeriaâ€™s long-standing financial institutions has announced its adoption of St. Maryâ€™s Private School, Broad Street, Lagos, as part of activities marking this yearâ€™s Global Money Week, and in furtherance of its commitment to the achievement financial inclusion in Nigeria for sustained economic growth and development.
Global Money Week, (formerly Child and Youth Finance Week) is a worldwide money awareness celebration which started this week.
The initiative is aimed at globally engaging children on aspects of financial education including saving, creating livelihoods, gaining employment and entrepreneurship.
In Nigeria, the Bankersâ€™ Committee has designated today, Thursday,mMarch 13 as Financial Literacy Day. The day is being marked to focus attention on children and youth in primary and secondary schools nationwide and to empower them by enhancing their financial knowledge and planning skills.
â€œUnion Bank is firmly committed to the achievement of financial inclusion in Nigeria and we continue to work towards this aspiration by servicing otherwise under-banked businesses, communities and individuals across the country with our extensive network over 300 branches,” said Emeka Emuwa, Group Managing Director of Union Bank and Chairman of the Financial Literacy and Public Enlightenment Sub-Committee of the Bankersâ€™ Committee.
â€œBeyond this, we recognise 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.”
Union Bank will formally kick-off its adoption of St. Maryâ€™s Private School with a visit to the school on Financial Literacy Day during which Mr. Emuwa will teach the students a module from a special Financial Literacy Curriculum developed by the non-profit economic education organisation, Junior Achievement of Nigeria (JAN).
The Bank will thereafter provide an on-going programme of financial literacy support for the full school year, with Union Bank staff members devoting their time to teaching the students and ensuring that financial literacy is incorporated into the studentsâ€™ learning experience.
As part of celebrations within Global Money Week, Union Bank will also participate in the Child and Youth Finance Fair and Exhibition organised by the Central Bank of Nigeria in Abuja. The Bank will also host students from selected primary