Date: 2017-04-06

In line with its enriching lives proposition and renewed commitment to promoting financial literacy among students, Sterling Bank Plc recently trained over 17,000 secondary school students across the country on the key fundamentals of financial literacy and re-enforcing the need to encourage savings culture among the youth.

The exercise, which was in commemoration of the 2017 Financial Literacy Day was aimed at promoting financial literacy in Nigeria.

The bank's Managing Director and Chief Executive, Mr. Yemi Adeola, led the senior management team of the bank that took part in the exercise as he taught students of United Community School, Ilorin. He also gave out various gift items including IPads and other branded items to outstanding students who took part in the exercise.

Other locations where the bank was adequately represented included Kwara State, Taraba State, Zamfara State, Abia State, and Ondo State. The Central Bank of Nigeria (CBN) had mandated each bank to teach in five schools per state selected from each of the six geo-political zones, making a total of 30 schools per bank.

The bank however took a step further in line with its purpose of enriching lives by extending the programme to schools in Lagos, Osun, Oyo, Kogi, Benue, and Kaduna. Others are Niger, Enugu, Anambra, Edo, Jos and the Federal Capital Territory, Abuja ahead of competition.

Copies of the revised edition of its two books on financial literacy; 'My Little Money Book' and 'FUND$' and other corporate gift items such as school bags and other writing materials were distributed free to students. Students with exceptional performance during the exercise went home with iPads.

The bank CEO noted that the financial literacy day is also in line with the lender's "One Education" initiative to further consolidate the strategic focus of the Bank on education and commitment to youth empowerment and development.

Adeola explained the bank took the decision to expand the coverage beyond the scope assigned to it by the CBN in order to reach out to more students and teach them how to imbibe the culture of financial management at a young age.