Fidelity Bank Promotes Financial literacy in Schools

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Nnamdi Okonkwo, MD, Fidelity Bank

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FIDELITY Bank Plc. has said it will not relent in its effort to promote financial literacy among youths in the country in line with its commitment towards deepening the economy. The bank, in a statement, expressed its readiness to partner with the Central Bank of Nigeria, CBN, to introduce financial literacy as a subject in the curricula of schools across the country.

Nnamdi Okonkwo, managing director, Fidelity Bank Plc., who spoke  during the Financial Literacy Day programme organised by the bank in conjunction with the Junior Achievers, Nigeria, for the students of Day Waterman College Abeokuta, Ogun State, commended the CBN for mobilising stakeholders towards ensuring that financial literacy became part of the curriculum of schools in the country and assured the regulator  that Fidelity Bank would make it’s input in  ensuring  that  the project is  a reality.

According to him, as a commercial bank with physical presence and Automated Teller Machine, ATM, in many educational institutions, the bank naturally must take interest in projects which have the objective of teaching students financial education.

“For a start, we must emphasise and give credit to the central bank. They are the initiator and the champion of this agenda. They are now mobilising all stakeholders, including even the federal ministry of education to incorporate this financial literacy project as part of the curriculum of the students,” he said, adding that the financial literacy day would enable the students to learn and imbibe early in life the culture of saving for the future.

Access Bank Supports Local Content Policy

Aig Imokhuede, MD, Access Bank
Aig Imokhuede, MD, Access Bank

ACCESS Bank Plc is committed to building capacity and capability in the oil and sector as part of its effort to improve local content in the industry. In a statement on the bank’s support to the ongoing 2015 Nigeria Oil and Gas Conference, Elias Igbinakenzua, executive director, corporate and investment banking division, Access Bank Plc, said the bank was delighted to be a part of the event.

According to him, “Our support for the oil and gas industry remains strong. This further demonstrates our commitment to increase the capability of corporate customers as we continue to put them first in the heart of our business.”

Igbinakenzua said Access Bank had been a major sponsor of the conference, noting that its presence and active participation at the 2015 event reflects its focus on being a strategic partner to key stakeholders across the industry value chain. He pledged the bank’s continued partnership with and assistance to the oil and gas companies by supporting initiatives that will create business opportunities and investments in Nigeria and the African continent. “Access Bank has played, and will continue to play, a significant role in supporting the growth of the industry by arranging appropriate financing for operators to enable them execute their projects.”

— Mar. 30, 2015 @ 01:00 GMT

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