In celebration of the 2025 version of International Cash Week (GMW), Polaris Bank took its {financial} literacy advocacy to NANA Faculty, Warri, Delta State, the place college students acquired firsthand insights on cash administration, saving, and investing.
The occasion, held throughout the college premises, witnessed an impactful engagement led by Mr. Andrew Komori, the Group Head of Polaris Bank, who represented the MD/CEO on the occasion. Addressing a corridor filled with enthusiastic college students and college members, Mr. Komori delivered a compelling lecture on {financial} literacy, emphasizing its essential position in shaping a safe and affluent future.
He defined that {financial} literacy isn’t just about understanding how you can spend cash, however understanding how you can make knowledgeable selections, keep away from debt traps, and construct long-term wealth.
In accordance with him, “{Financial} literacy empowers you to take management of your future. It’s a life talent that helps you intend, defend, and develop your cash properly.” One of many highlights of the session was Mr. Komori’s clarification of the basic distinction between saving and investing.
Utilizing relatable examples, he illustrated that saving entails setting cash apart for short-term wants or emergencies, typically in a {bank account}, whereas investing is the act of placing cash into automobiles like shares, mutual funds, or companies with the expectation of producing returns over time. He urged the scholars to develop each habits early, noting that every performs a significant position in attaining {financial} stability.
He additional emphasised that saving is vital, however investing is what is going to set people up for long-term {financial} success. Mr. Komori additionally acknowledged that attaining {financial} freedom requires a mixture of incomes, saving, and sensible investing.
The occasion was designed to be partaking and participatory. Following the lecture, there was a extremely interactive session the place college students eagerly requested questions and shared private experiences. The facilitator responded with readability and encouragement, serving to the scholars perceive real-life functions of the {financial} ideas mentioned.
The colourful interplay underscored the curiosity and readiness of younger Nigerians to study cash and the way it works. Each the school and college students expressed their gratitude to Polaris Bank for the impactful session.
Mrs. Madamedon, the Principal of NANA Faculty, thanked Polaris Bank for facilitating the occasion, saying, “On behalf of all the college, I want to prolong our heartfelt appreciation to Polaris Bank for investing in the way forward for our college students. This session has outfitted them with very important expertise that may serve them all through their lives. {Financial} literacy is vital to success, and we’re grateful to be part of this initiative.”
Mrs. Onakufe, the Vice Principal, additionally expressed her gratitude, including, “We’re excited that Polaris Bank selected our college for this vital occasion. The information shared at this time has already sparked conversations amongst our college students, and we consider this can have an enduring affect on their {financial} decision-making as they develop into maturity.”
Along with NANA Faculty, Polaris Bank additionally visited a number of different colleges throughout Nigeria, together with Excel Worldwide School, Damaturu, Baptist Excessive School, Ede, Christ the King Wonderful Academy, Lokoja, and Graceland Worldwide School, Ogotun Ekiti with a mandate to go to at the least one college in every state.
These classes have helped prolong the {Bank}’s {financial} literacy outreach to a bigger group of scholars. The scholars additionally shared their pleasure, describing the session as “eye-opening” and “life-changing.”
Polaris Bank continues to display its dedication to youth empowerment via numerous {financial} literacy initiatives focused at secondary colleges and better establishments throughout Nigeria. The {Bank} believes {that a} financially literate inhabitants begins with equipping the youth with the instruments they should make sensible {financial} selections.
