Business

FCMB promotes youths entrepreneurship, poverty reduction

First City Monument Bank (FCMB) has increased its social investment with another round of financial literacy training for hundreds of secondary school students in seven states throughout the country.

The seminar, which was part of a series of activities organized in collaboration with the Central Bank of Nigeria (CBN) to honor World Savings Day in 2021, aims to safeguard the students’ futures and ensure their emancipation from poverty.

It aimed to teach pupils financial fundamentals at a young age, ensuring that they grow up to be responsible citizens who understand how to make their money work for them.

Mr Ladi Balogun, Chief Executive Officer of FCMB Group, emphasized the importance of having money management skills like as budgeting, saving, and investing because it ensures financial security and freedom.

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Mr Diran Olojo, Group Head, Corporate Affairs at FCMB, stated of the significance of World Savings Day, “We want our young ones, who are the hope and future drivers of Nigeria, to grasp the cautious management of resources.” This is a necessary talent for them to have in order to ensure their future. As a result, we will continue to support and implement projects that will accelerate financial literacy and inclusion, as this is one of the most effective methods to empower students and Nigerians in general to contribute to the development of a better society.”

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