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Home Business news

FCMB Expands Financial Literacy Campaign to Secondary Schools Across Nigeria

Victoria Emeto by Victoria Emeto
May 19, 2026
in Business news
0
FCMB Takes Possession of Bankers Warehouse, Vandt Investment Assets Over N4.4bn Debt

First City Monument Bank (FCMB) has continued its nationwide financial literacy campaign for secondary school students, aimed at helping young Nigerians develop essential money management skills.

The bank disclosed in a statement on Monday that the initiative was carried out in collaboration with the Central Bank of Nigeria as part of the 2026 edition of Global Money Week 2026.

According to the bank, the programme reached thousands of students across Nigeria’s six geopolitical zones under the theme, “Smart Money Talks.”

The initiative was designed to help students understand basic financial concepts while equipping them with the knowledge, skills, and attitudes required to make informed financial decisions.

Through interactive sessions held in Lagos State, Kano State, Abuja, Adamawa State, Ogun State, Imo State, and Akwa Ibom State, students were taught budgeting, prudent resource management, responsible spending, savings culture, and productive use of money.

The bank stated that the programme aligns with its commitment to promoting quality education, financial inclusion, and poverty reduction in support of the Sustainable Development Goals.

Speaking on the initiative, FCMB’s Divisional Head of Corporate Affairs, Diran Olojo, described financial literacy as an essential life skill for young people.

“This initiative goes beyond teaching money management. Financial literacy empowers people, promotes responsible behaviour, and supports long-term economic inclusion. We want to nurture a generation that is informed, self-reliant, and equipped to make sound financial choices,” Olojo said.

He added that the bank remained committed to investing in young Nigerians through programmes aimed at equipping them with practical life skills.

Also speaking during a lecture delivered to students of Hasiyanda Secondary School, FCMB’s Zonal Head, North-west, Ali Yahaya, urged students to prioritise financial discipline and responsible money habits.

“Understanding money is one of the most important life skills you can develop. Financial literacy helps you make informed choices, avoid costly mistakes, and build a secure future regardless of your background or income level,” he said.

Yahaya further encouraged students to build income responsibly through creative skills, holiday jobs, and online businesses, while also advising parents to teach their children the importance of consistent savings and prudent spending.

Global Money Week is an annual global awareness campaign focused on ensuring that children and young people acquire the financial knowledge, attitudes, and behaviours needed to make sound financial decisions and achieve financial wellbeing.

According to FCMB, the bank has provided financial education to nearly 20,000 secondary school students across Nigeria’s six geopolitical zones since 2014.

The bank noted that the initiative, implemented in partnership with the Central Bank of Nigeria, is aimed at raising a generation better equipped to make informed financial choices, manage resources responsibly, and contribute positively to society.

Tags: #FCMB#FinancialLiteracy#GlobalMoneyWeek#YouthEmpowerment
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