Empowering the Future: Polaris Bank Advances Financial Literacy Across Nigeria
By The People’s Voice Nigeria | News
In celebration of Global Money Week (GMW) 2025, Polaris Bank demonstrated its commitment to financial literacy by hosting an impactful session at NANA College, Warri, Delta State. Students were educated on essential money management skills, including saving and investing, during the event held on the school premises.
Mr. Andrew Komori, Group Head of Polaris Bank, represented the Managing Director/CEO and led the engaging session. In his lecture, Mr. Komori emphasized the importance of financial literacy in building a secure and prosperous future. He explained, “Financial literacy empowers individuals to take control of their futures. It is a life skill that enables people to plan, protect, and grow their money wisely.”
A cross section of members of staff of Polaris Bank with students of Nana College, Warri, Delta State during the Global Money Week recently
Highlighting the difference between saving and investing, Mr. Komori illustrated that saving entails setting aside money for short-term needs or emergencies, while investing involves allocating funds to vehicles such as stocks, mutual funds, or businesses to generate returns over time. He encouraged students to adopt both habits early, noting that saving ensures financial stability, while investing is vital for achieving long-term success.
The event featured an interactive Q&A session, where students enthusiastically shared their experiences and posed questions about real-life financial scenarios. This exchange revealed the eagerness of young Nigerians to understand money matters better. Faculty and students alike expressed their appreciation for Polaris Bank’s initiative.
Mrs. Madamedon, Principal of NANA College, remarked, “We are deeply grateful to Polaris Bank for investing in the future of our students. This session has equipped them with essential skills that will serve them throughout their lives.” Mrs. Onakufe, Vice Principal of the College, added, “This program has sparked meaningful conversations among our students, and we believe it will positively influence their financial decision-making as they transition into adulthood.”
In addition to NANA College, Polaris Bank extended its financial literacy outreach to schools across Nigeria, such as Excel International School, Damaturu; Baptist High School, Ede; Christ the King Excellent Academy, Lokoja; and Graceland International School, Ogotun Ekiti. The initiative aimed to reach at least one school in every state, ensuring broader access to vital financial education.
Students who participated in these sessions described them as “eye-opening” and “life-changing,” highlighting their enthusiasm for learning about saving, investing, and other financial principles.
Global Money Week is an annual campaign designed to inspire young people to understand money management, livelihood, and entrepreneurship. With its theme, “Think Before You Follow: Wise Money Tomorrow,” Polaris Bank’s initiative aligns seamlessly with the global mission to nurture financially savvy generations.
Through its ongoing financial literacy programs, Polaris Bank reinforces its commitment to empowering Nigeria’s youth, equipping them with the knowledge and skills necessary for making informed financial decisions.