FCMB equips secondary school students with money management skills nationwide

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First City Monument Bank (FCMB) has intensified its financial literacy campaign for secondary school students across Nigeria, empowering young people with practical money management skills aimed at bu..

First City Monument Bank (FCMB) has intensified its financial literacy campaign for secondary school students across Nigeria, empowering young people with practical money management skills aimed at building a financially responsible generation.

The initiative, implemented in partnership with the Central Bank of Nigeria as part of the 2026 edition of the Global Money Week celebration, reached thousands of students across the country’s six geopolitical zones.

Tagged “Smart Money Talks,” the programme was designed to introduce students to essential financial concepts at an early stage, helping them develop the knowledge, discipline, and decision-making skills required to navigate today’s increasingly complex economic environment.

Through interactive learning sessions held in Lagos, Kano, Abuja, Adamawa, Ogun, Imo, and Akwa Ibom states, students were trained on budgeting, responsible spending, prudent resource management, savings culture, and productive use of money.

The programme aligns with FCMB’s broader commitment to advancing quality education, financial inclusion, and poverty reduction in support of the United Nations Sustainable Development Goals (SDGs).

Speaking on the initiative, FCMB’s Divisional Head of Corporate Affairs, Diran Olojo, described financial literacy as a vital life skill capable of shaping responsible behaviour and long-term economic participation among young people.

According to him, the programme extends beyond basic money management lessons.

“Financial literacy empowers people, promotes responsible behaviour, and supports long-term economic inclusion. We want to nurture a generation that is informed, self-reliant, and equipped to make sound financial choices,” Olojo said.

He added that the bank remains committed to investing in initiatives that prepare young Nigerians to navigate life with confidence, independence, and responsibility.

Delivering a lecture to students of Hasiyanda Secondary School in Kano, FCMB’s North-west Zonal Head, Ali Yahaya, emphasised the importance of financial education in shaping future opportunities.

“Understanding money is one of the most important life skills you can develop. Financial literacy helps you make informed choices, avoid costly mistakes, and build a secure future regardless of your background or income level,” he said.

Yahaya also encouraged students to cultivate a savings culture, noting that saving promotes discipline, resilience, and long-term thinking. He further advised young people to explore responsible income-generating opportunities through creative skills, holiday jobs, and online businesses.

He urged parents to support their children’s financial education by modelling prudent spending habits and consistent saving practices.

Global Money Week is an annual international awareness campaign focused on ensuring that children and young people acquire the financial knowledge, skills, attitudes, and behaviours necessary to make informed financial decisions and achieve long-term financial wellbeing.

Since 2014, FCMB says it has provided financial education to nearly 20,000 secondary school students across Nigeria’s six geopolitical zones, contributing to efforts aimed at addressing low financial literacy levels in the country.

By sustaining such initiatives, FCMB and the Central Bank of Nigeria continue to play a significant role in raising a generation better equipped to manage resources responsibly, make informed financial decisions, and contribute meaningfully to national development.

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