Nigeria: FCMB Charges Youths to Save for the Future

Nov 09, 2017 | The Guardian; All Africa

First City Monument Bank (FCMB), has tasked youths in Nigeria to key into the financial system by adopting savings culture and other financial management techniques that would help secure their future.

The Bank made the clarion call at an outreach programme it organised for thousands of students in thirty secondary schools spread across the six geo-political zones in Nigeria, to commemorate this year's World Savings Day on October 31. The educative mentoring sessions, which are in line with FCMB's Corporate Social Responsibility (CSR) and sustainability philosophy, were anchored by top executives of the Bank in 30 schools. This is the second consecutive year the lender is carrying out this exercise in partnership with the Bankers' Committee of the Central Bank of Nigeria (CBN), under the theme, "Learn, Earn, Save". Last year, FCMB executed a similar programme in twelve schools nationwide. The World Savings Day is aimed at teaching and reinforcing the key fundamentals of financial literacy, savings culture as well as entrepreneurial skills in the youth. This is part of the Bank's strategic contributions towards securing the future of young Nigerians by encouraging the adoption of savings and other financial management techniques at an early age to enhance their general wellbeingg. Read more on All Africa. Source: All Africa