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

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

Lagos, 17.11.2025 — The Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has renewed the Bank’s call for young Nigerians to adopt a deliberate and consistent savings culture, describing savings as a lifelong discipline essential for financial stability and resilience.

Mr. Kolawole gave the charge during a financial literacy session held for students of Alvana Model Secondary School, Owerri, Imo State, as part of Unity Bank’s activities to mark this year’s World Savings Day.

Represented by the Bank’s Zonal Head for the South East/South South region, Mr. William Odigie, the Unity Bank chief reiterated the institution’s commitment to deepening financial inclusion among young Nigerians. This year’s World Savings Day celebration is themed “Beyond Savings – Building Financial Resilience.”

Unity Bank joined other financial institutions in nationwide financial literacy training sessions organised in collaboration with the Central Bank of Nigeria (CBN), the Bankers’ Committee, Deposit Money Banks, and Junior Achievement Nigeria. The initiative aims to equip students across the country with essential money management skills and promote early financial education.

Addressing the students, Mr. Kolawole emphasised that savings play a critical role in long-term financial planning and investment.

“Savings is foundational to financial planning, financial management and investment. Young people must imbibe the culture of savings, not just as an activity, but as a tool for financial security and independence,” he said.

He added that Unity Bank places strong priority on financial literacy initiatives because early exposure to money management enables young people to navigate uncertainties and economic shocks that may hinder their ability to achieve future goals.

The training sessions, conducted by Unity Bank staff across multiple states, exposed students to practical lessons on budgeting, setting financial goals, and basic investment principles through seminars and workshops.

World Savings Day, marked every October 31, highlights the importance of savings as a pillar of personal and national economic resilience. In Nigeria, Deposit Money Banks partner with the CBN and other organisations to deliver financial literacy programmes designed to equip students with lifelong financial skills.

Unity Bank’s participation, the MD noted, underscores the Bank’s ongoing commitment to promoting youth empowerment and strengthening the financial literacy ecosystem nationwide.