Unity Bank MD Urges Nigerian Youths to Embrace Lifelong Savings Culture on World Savings Day

Unity Bank MD has urged Nigerian Youths to embrace lifelong savings culture on World Savings Day.

NewsOnline Nigeria reports that the Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has renewed the Bank’s call for young Nigerians to cultivate a strong savings culture, describing it as a lifelong habit essential for stability and financial resilience.

Kolawole delivered the message during a financial literacy session held at Alvana Model Secondary School, Owerri, Imo State, as part of activities marking the 2025 World Savings Day. He was represented by Unity Bank’s Zonal Head for the South East and South South, Mr. William Odigie.

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He reaffirmed the Bank’s commitment to promoting financial inclusion among young people as it joined global and national institutions to commemorate this year’s World Savings Day themed “Beyond Savings – Building Financial Resilience.”

The nationwide financial literacy sessions were organized by the Central Bank of Nigeria (CBN), the Bankers’ Committee, Deposit Money Banks, and Junior Achievement Nigeria to equip students with essential money management skills.

Kolawole emphasized that savings form the foundation of financial planning, management, and investment. He urged young Nigerians to see saving not just as a routine financial activity but as a tool for long-term security and independence.

He noted that early exposure to financial literacy helps youths handle uncertainties and economic shocks that could hinder their future goals.

Unity Bank staff facilitated training sessions across multiple states, teaching students practical skills such as budgeting, setting financial goals, and responsible money management through workshops and seminars.

World Savings Day, marked annually on October 31, highlights the importance of savings as a pillar of economic resilience. In Nigeria, the CBN and partner banks use the occasion to empower students with skills that support lifelong financial stability.

Unity Bank’s participation reinforces its ongoing commitment to youth development and expanding financial literacy across the country.