LAPO Microfinance Bank Limited has carried out sensitization programme for secondary and primary school students across thirty three states in the country, as part of efforts to mark the World Savings Day celebrated today, October 31, 2019.

This is in line with the financial education program, which has been implemented by the Central Bank of Nigeria (CBN).

During the visit, primary school pupils were educated through simple presentations on savings, the financial products offered by the bank as well as the need to manage money. The presentations and other related activities were aimed at primary and secondary school students in order to create awareness of the importance of smart money management and the importance of saving from the earliest age.

Read also: LAPO Microfinance Bank expands services beyond lending

Godwin Ehigiamusoe, managing director, while commenting on the initiative noted, “our commitment to drive financial inclusion especially at such a young age prompted us to embark on this initiative”. He further commented that “customer satisfaction and convenience through alternative channels has given birth to our thrift collection model to encourage savings and ensure customer satisfaction.”

This and other similar events organized on the occasion of World Savings Day are the integral parts of the financial education that LAPO has conducted over the years with the aim of strengthening financial inclusion and responsible financial management for the benefit of economic development and growth of Nigeria.

 

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.

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