Global Money Week/Financial Literacy Day 2015

This year’s Financial Literacy Day was a great success. JAN in partnership with the bankers committee celebrated GMW in 24 schools across the country reaching 3948 students with the JAN module “Growing Your Money” in line with the 2015 GMW Theme: “Save Today, Safe Tomorrow”. Our Lagos office was able to secure Radio coverage on four national stations; TV coverage on TVC News and national print coverage.

FLD TV Coverage Press: https://youtu.be/SnjTPSVhBXs  

Several banks also included a presentation on the products that they offer to young students that could help them take advantage of “Growing your money”. The program concluded with Q&A and commentaries from students and teachers. All Banks distributed souvenirs and provided refreshments to all the students:

Junior Achievement Nigeria’s Role in coordinating Financial Literacy Day across Nigeria

•      Secondary schools (both public and private) were selected by JAN across the states. The process involved JAN communicating the principals to get their consent.  This was followed up by letters from JAN’s office in Lagos addressed to the school principals. After getting the consent of the schools, the assigned institutions were informed via Bankers Committee.

•      JAN worked with each financial institution by supporting any needs they had regarding planning the financial literacy day agenda

•      JAN ensured the schools selected had a conducive hall/classroom to accommodate the students for the program.

•      JAN ensured at least one financial institution was assigned to each of the 21 cities with Abuja and Lagos having more than one financial institutions

Here are sample questions asked by students:

Ø  What is the minimum age for buying shares?

Ø  Why do banks ask for collateral on loans?

Ø  To what extent do banks support SME’s?

Ø  What happens when a bank goes bankrupt or robbed?

Ø  How should I save before I open an account?

Ø  Why can’t the Central bank print more money instead of borrowing from World Bank?

Students left with a general understanding of the following topics:

Ø   Types of financial institutions

Ø   Types of bank account

Ø   Credit Unions & Cooperatives

Ø   Types of Investments

Ø   Investments opportunities

Ø   How to protect your money

Ø   Recipe for success

 

The following Banks participated in GMW:

Access Bank, CitiBank, Diamond Bank, EcoBank, FCMB, Fidelity Bank, First Bank Nigeria, FSDH, Guaranty Trust Bank, Heritage Bank, Kakawa Discount House, Rand Merchant Bank, Skye Bank, Stanbic IBTC, Standard Chartered Bank, Sterling Bank, UBA, Union Bank, Unity Bank, Wema Bank, Zenith Bank and Central Bank of Nigeria (CBN).

 

Mr. Bonaenture Okhaimo GM Operations and IT Zonal Director South, Unity Bank South/South East with a student from Redeemers International Secondary School , Asaba, Delta State.

Mrs. Rita Odion, JAN Program Manger introducing the days event.

School Hall decorated by Unity Bank.

Redeemers International Secondary School student taking notes during the presentation.

Mr. Bonaenture Okhaimo GM Operations and IT Zonal Director South, Unity Bank South/South East talking to the press.

Government Secondary School, Dala, Kano students with an FCMB representative.

 240 Government Secondary School, Dala, Kano students during FLD presentation by FCMB.

Mr. Adams Mura, Executive Director, FCMB with Government Secondary School students and staff.

Mr. Gbenga Shobo, Executive Director, Lagos and West, First Bank Nigeria Ltd and Mr.Ismail Omamegbe, Head Corporate Responsibility and Sustainability, First Bank Nigeria Ltd being presented with flowers from a student of Tinuola International College, Ado Ekiti, Ekiti, Nigeria.

Mr. Gbenga Shobo , Executive Director, First Bank Nigeria Ltd, Lagos and West presenting the FLD modules.

Q&A with Tinuola International College students

Gifts presented by First Bank Nigeria Ltd.

  Mr. Kehinde Aloa, Principal Tinuola College; Mr Gbenga Shobo ;Mrs Abiola Lufadeju First Bank Nigeria Ltd. Development Manager, Ado-Ekiti; Mr Ishmail Omamegbe ,Head Corporate Responsibility and Sustainability, First Bank Nigeria Ltd and students of Tinuola International College, Ado-Ekiti, Ekiti State.

National Secondary School students Aba and Heritage Bank staff

Heritage Bank staff during the FLD presentation

Presentation of books from a CBN representative to National Secondary School.

Mrs.Temitayo Olatoye, Senior Assistant to the Managing Director Keystone Bank introducing FLD modules to Isolo Junior High School students, Isolo, Lagos.

Mrs. Temitayo Olatoye, Senior Assistant to the Managing Director Keystone Bank, Mrs Antonia Adekemi, Principal Junior High School Isolo, Lagos;  Mr Hafiz Bakare, Executive Director Corporate Banking Keystone Bank; Mr Emmanuel Ntomchukwu, Divisional Head Festac Region Keystone Bank and Mrs. Justina Ogun, IT Manager, Junior Achievement Nigeria with Isolo Junior High students after their FLD presentation.

Isolo Junior High Students showing us love!

Mrs. Nneka Enwereji, Executive Director CitiBank during a Q & A with students of Aunty Ayo Comprehensive School, Ikoyi, Lagos.

Mrs. Nneka Enwereji, Executive Director CitiBank during a photo-op with students of Aunty Ayo Comprehensive School, Ikoyi, Lagos.

Students of Aunty Ayo Comprehensive School posing with their gifts courtesy of Citibank.

Mrs. Nneka Enwereji, Executive Director CitiBank during an interview with TVC News, following her FLD presentation at Aunty Ayo Comprehensive School, Ikoyi, Lagos.

Mrs. Lola Onyeka, Executive Assistant to the Executive Director Citibank  & Ms. Tobe Ifeanyi, Marketing and Communications Manager, JAN comparing tweets on FLD.  

Mr. Adebayo Adekola Adelabu, Deputy Governor Central Bank Nigeria (CBN), Queen Phillip and Naomi Amos, students of Junior Secondary School, Wuse Zone 3, Abuja

 Students from Junior Secondary School, Wuse Zone 3, Abuja. Left to right: Favor Okafor, Princess Franklin, Princess Phillip, Jose Odinaka, Precious Aifuobhokham, and Precious Idohu.

Mr. Adebayo Adekola Adelabu, Deputy Governor Central Bank Nigeria (CBN) talking to the press.

Government Secondary School, Maitama, Abuja

Standing from Right to Left: Mr. Usman Abubakar Bukano (VP Academics), Mrs. Christiana Ibrahim (Principal), Mrs. Safiya Sani Obadiah (VP Admin), Mr. Ibrahim Ndako Guregi (DD FCT Department for science and Tech), Nana Hanatu Muhammed Raji (Student), Mr. Lanre Ishola (GM/Zonal Head Zenith Bank Maitama Branch), Stanley Areadobe (Student), Engr. Hamza Baba (Acting DG Department of Science and Tech), Mrs. Jacqueline Yawa (Staff Zenith Bank), Orji Grace (Student), Jack Nmadu (Student) and Immaculate Ejike (Student).

Squatting from Right to left: Dayo Bonojo, Babatunde Ore Oluwa, Anyacho Sopuruchukwu, Ibrahim Joyce, Babatunde Michael, Asekun Abiola Tolulope, and Adekunle Keziah

Zenith Bank Employee presenting a student a gift.

Mr. Emeka Emuwa, Group Managing Director Union Bank of Nigeria, and Chairman of the Financial Literacy and Public Enlightenment Sub-Cmmittee taking questions from students at Uyo High School, Uyo State.

Mr. Emeka Emuwa (middle), Group Managing Director of Union Bank of Nigeria, and Chairman of the Financial Literacy and Public Enlightenment sub-committee of the Bankers' Committee, with a group of Union Bank staff volunteers at Uyo High School, Uyo, Uyo State.

Student gifts courtesy of Union Bank Nigeria.

Students at Uyo High School, Uyo State with their goodie bags courtesy of Union Bank.



Mr. Emeka Emuwa, Group Managing Director Union Bank of Nigeria, & Chairman of the Financial Literacy and Public Enlightenment sub-committee & JAN Executive Director, Mrs. Efua Edeh.

Mr. Segun Oloketuyi, CEO, Wema Bank presenting Dr. Quadiri, Principal Government Secondary School, Ilorin with a gift.

Q&A with students of Government Secondary School, Ilorin

Center: Mr. Segun Oloketuyi, CEO, Wema Bank; Far Right: Mr Akinleye, Wema Bank, Ilorin with Government Secondary School students and faculty after FLD presentation.