Lagos, August 1, 2025
Wema Bank Plc has reaffirmed its commitment to youth development in Nigeria by intensifying its nationwide drive for financial literacy and educational mentorship. This initiative, aimed at nurturing a financially aware and economically active generation, continues to impact millions of young Nigerians positively.
According to a recent report by education correspondent Oluchi Chibuzor, the bank’s strategic investment in youth-focused programs has gained momentum over the years, particularly through its flagship initiative, the SARA by ALAT program. The platform not only offers digital banking solutions but also educates the youth on budgeting, savings, investment, and entrepreneurship.
Wema Bank’s outreach spans primary, secondary, and tertiary institutions, with tailored workshops, mentorship seminars, and digital learning hubs. These efforts are geared towards bridging the knowledge gap in personal finance and fostering self-reliance among Nigeria’s burgeoning youth population.
At a recent youth empowerment forum held in Lagos, Wema Bank’s Executive Director of Retail and Digital Business, Tunde Mabawonku, emphasized the bank’s long-standing vision to equip the next generation with the tools to make informed financial decisions.
“Empowering young Nigerians through financial literacy is not charity, it is a strategic investment in the future of our country. We want our youth to grow into financially responsible adults who can create value, innovate, and lead,” Mabawonku stated.
Beyond classroom engagements, the bank has launched several digital tools, gamified savings platforms, and competitions that challenge students to think critically about money management. This holistic approach blends education with real-life application, enabling students to practice financial planning even before entering the workforce.
Parents, educators, and policymakers have applauded Wema Bank for its proactive role in youth development, especially in an economy where unemployment and financial mismanagement remain prevalent concerns.
With an expanding digital footprint and an inclusive strategy, Wema Bank continues to position itself as a cornerstone of youth empowerment in Nigeria’s banking sector. As financial literacy becomes increasingly essential in a rapidly evolving economy, the bank’s consistent mentorship model stands out as both timely and transformative.
