As part of its efforts to promoting financial literacy among children youths, and provide access to good quality education, Diamond Bank PLC, has adopted Caro Favoured College, Awodi-Ora, Ajegunle.
Officials of the bank, who visited the school on a mentoring programme as part of activities to commemorate the Global Money Week, said the move was informed by the organisation’s commitment to building capacity among the country’s future leaders and in support of the financial inclusion policy of the Central Bank of Nigeria (CBN).
Head, Retail Banking, Jude Anele, who represented the organization taught the students on financial literacy, fun facts.
He noted that the lessons were designed to instill financial consciousness in the children to enable them manage money better when they become adults who will be responsible for the country’s economic fortunes.
Addressing the students’ concerns on how the bank can assist in financing their education, Head, Consumer Propositions Group, Mr. Olumide Akindele, said, the organization is committed to helping them actualise their aspirations.
“Our primary focus today is to teach you how to manage money so you can be financially independent adults. Just remain focused so you will be prepared when opportunities come your way,” he added.
Expressing appreciation on the adoption of the school and the mentoring programme, Proprietress of the College, Mrs. Caroline Ughamadu, said, “The school management is delighted to you come around to teach our students despite your busy schedule.
“What is being done today has further strengthened the hope of these students in a great future, despite their underprivileged background,” she added.
Deputy Senior Prefect of the school, Ndubueze Mercy, noted that the financial literacy training has broadened her understanding of banking operations.
According to her, “I have learnt a lot about banking. I know about savings account and interest paid on such account before now but I did not know anything about financial regulations, preparing for retirement and investments. This financial education will go a long way to help my financial development. I hope to be an Economist despite the limitation of my environment,” she added.
