Wema Bank Calls On Nigerians To Adopts Savings Culture

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Wema Bank harps on savings culture

The Deputy Managing Director of Wema Bank Plc, Ademola Adebise, has advised the youth to imbibe budgeting and savings culture, saying, such practice will enable them achieve set life goals and financial freedom.
Speaking at the Federal Government College (FGC), Enugu, Enugu State, to mark this year’s Financial Literacy Day, he explained that the exercise was celebrated annually in Nigeria as part of the worldwide celebration of the Global Money Week, observed in more than 135 countries.
“Wema Bank executives were at more than 25 schools across the country to hold financial literacy sessions. They educated the children and youth about the benefits of the age-long idea of saving money in a bank rather than keeping it at home,” a statement from the bank said.
Adebise urged the youth to learn the art of budgeting. “Budgeting helps you to distinguish between wants and needs. This way, you can set your priorities right,” he said.
At the interactive session at FGC, Enugu, pupils mentioned things they considered as wants and others they believed were needs. Most of the students present at the event were willing to bank with the lender after learning about gains of savings.
Wema Bank’s Zonal Manager, Uduak Afandile, answered questions related to account opening and products offered by the bank.

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