Unity Bank Plc has unveiled plans to launch a financial literacy app targeted at children and teenagers to cultivate a robust savings culture among young Nigerians. This announcement was made during a World Savings Day training session held at Emerald Fields School in Calabar, part of a broader initiative by the Central Bank of Nigeria, Bankers Committee, and Junior Achievement Nigeria to promote financial inclusion through financial education in schools in the country.
The Bank’s Managing Director, Mrs. Tomi Somefun, represented by Chief Compliance Officer Mrs. Patricia Ahunanya, highlighted the significance of instilling financial discipline early in life. The upcoming app will empower young users to set SMART financial goals, understand concepts like compound interest, and embrace budgeting and savings as foundational habits for long-term stability. The training also exposed students to practical lessons on earning, spending wisely, and building safety nets through interactive sessions.
Aligned with Nigeria’s financial inclusion strategy, the initiative aims to make financial literacy accessible and engaging for young Nigerians. The app will complement classroom teachings by offering tools to track savings goals and reinforce prudent money management, helping to secure a financially responsible future for the next generation.
