First Bank of Nigeria Limited, Nigeria’s Most Valuable Bank Brand has reiterated its commitment to drive financial literacy among the youth and unbanked segment of the economy. As part of the activities to empower the Nigerian child with a sound financial education, the bank has established the FutureFirst initiative aimed at empowering secondary school students between the ages of 12 and 17years old with the tools and knowledge for long-term financial independence.
FirstBank’s Financial Literacy Programme aims to provide an experiential supplement to the business education of high school students in Nigeria and empower them with financial knowledge through training on running a business and the basics of money to promote a savings culture amongst them. To this end, the bank would visit Meadow Hall School, Oba Elegushi road, Ajah on Friday, January 29, 2016 to take the students through the concepts of financial literacy while letting them know that their capacity to imbibe this principles will enable them build a prosperous future.
The FutureFirst Initiative has two platforms of expression – Career Counseling and Financial Literacy Programmes – both aimed at ensuring the youth of our nation are financially independent through fulfilling careers and the right financial knowledge. The Financial Literacy programme is run in partnership with Junior Achievement of Nigeria, who has been at the forefront of championing financial literacy in Nigeria for over 15 years. So far, over 40,000 students from 60 secondary schools have benefitted from this programme. In demonstrating its commitment to the all-round development of students, FirstBank continuously seeks speaking opportunities to deliver on this programme in select secondary schools through its employee volunteering scheme where the Bank’s staff volunteer to teach the students financial literacy.
According to Folake Ani-Mumuney, FirstBank’s Group Head, Marketing and Corporate Communications, the bank would constantly create avenues to put its stakeholders at the heart of its business. This is why the FutureFirst programme is designed to empower secondary school students to build fulfilling careers and be better equipped with tools and knowledge for financial independence. To further secure the financial future of young students, FirstBank has in place the MeFirst Account targeted at secondary school students, between 12 to 17 years to make them financially savvy, whilst saving up funds for their education and other future endeavours.