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First Bank Introduces Financial Education For Secondary Schools

The First Bank of Nigeria Limited(FBN) says it has established an initiative to empower the Nigerian child with sound financial education.

First Bank LogoAccording to a statement by the bank, the FutureFirst initiative is aimed at empowering secondary school students between the ages of 12 and 17 with the tools and knowledge for long-term financial independence.

It said the purpose of the initiative was to drive financial literacy among the youth and the unbanked segment of the economy.

The statement read in part, “The FutureFirst Initiative has two platforms of expression: career counselling and financial literacy programmes, both aimed at ensuring the youth of our nation are financially independent through fulfilling careers and the right financial knowledge.”

It said First Bank’s financial literacy programme was aimed at providing 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 the savings culture amongst them.

The bank said it would visit Meadow Hall School to take the students through the concept of financial literacy, while letting them know that their capacity to imbibe the principles would enable them to build a prosperous future.

According to the bank, the literacy programme, in partnership with Junior Achievement of Nigeria, has been at the forefront of championing financial literacy in Nigeria for over 15 years.

It said, “So far, over 40,000 students from 60 secondary schools have benefitted from this programme.”

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