BusinessEconomyFinanceNews

Polaris Bank Promotes Financial Literacy Among Young Nigerians

Polaris Bank has taken a significant step in promoting financial literacy among young Nigerians by visiting NANA College, Warri, Delta State, as part of the 2025 Global Money Week (GMW) celebrations.

The event, held on April 8, 2025, brought together students and faculty members to learn about money management, saving, and investing.

Andrew Komori, the Group Head of Polaris Bank, represented the MD/CEO at the event and delivered a compelling lecture on financial literacy.

He emphasized the importance of understanding how to make informed decisions, avoid debt traps, and build long-term wealth.

According to him, “Financial literacy empowers you to take control of your future. It is a life skill that helps you plan, protect, and grow your money wisely.”

The session highlighted the fundamental difference between saving and investing, with Komori explaining that saving involves setting money aside for short-term needs or emergencies, while investing is the act of putting money into vehicles with the expectation of generating returns over time.

He urged the students to develop both habits early, noting that each plays a vital role in achieving financial stability.

The event was designed to be engaging and participatory, with a highly interactive session where students asked questions and shared personal experiences.

The facilitator responded with clarity and encouragement, helping the students understand real-life applications of the financial principles discussed.

Both the faculty and students expressed their gratitude to Polaris Bank for the impactful session.

The Principal of NANA College, Mrs. Madamedon, thanked Polaris Bank for facilitating the event, saying, “On behalf of the entire school, I would like to extend our heartfelt appreciation to Polaris Bank for investing in the future of our students.”

Polaris Bank has visited several other schools across Nigeria as part of its financial literacy outreach program, including Excel International School, Damaturu, Baptist High School, Ede, Christ the King Excellent Academy, Lokoja, and Graceland International School, Ogotun Ekiti.

The Bank believes that a financially literate population begins with equipping the youth with the tools they need to make smart financial decisions.

The Global Money Week campaign aims to inspire young people to learn about money matters, livelihoods, and entrepreneurship.

This year’s theme, “Think before you follow, wise money tomorrow,” aligns perfectly with Polaris Bank’s initiative to build financially responsible generations.

Comment here