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Heritage Bank Promotes Financial Literacy To Commemorate Global Money Week

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In alignment with the Central Bank of Nigeria’s (CBN) Financial Literacy Day, Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has joined the rest of the world in the celebration of 2022 Global Money Week.

The 2022 Global Money Week was scheduled to take place from the 21st – to the 27th of March 2022 and this year marks the 10th anniversary of the annual event with the theme, “Build your future, be smart about money.”

With a series of educational programs lined up for the celebration, Heritage Bank was able to raise awareness amongst over 10,000 teens and youths across the 36 states and improve the capabilities of young people to make sound decisions when it comes to financial matters to secure their futures.

One of the activities to herald this year’s GMW was the partnership with the Heart-to-Heart Foundation on building successful families by educating married couples, counseling teens and young adults, and holding awareness campaigns to enlighten them on Financial Literacy.

The Executive Director, Jude Monye reiterated Heritage Banks’ commitments to further entrench financial inclusion, seeing financial literacy as a key enabler in the bank’s quest to drive financial inclusion, which could also be achieved when young Nigerians are properly educated on the importance of making sound decisions on money matters.

Speaking at the Heart-to-Heart conference titled, “The Cheating Mind,” Ozena Utulu, Ag. Group Head, Corporate Communications stressed the importance of financial intelligence, as this would aid in securing the future of the young ones, enable them to make better financial choices, create a sense of responsibility with money which would, in turn, finance their skills in the future.

She added that to make money, time management is imperative and should be well understood.

Utulu advised the youths to “start saving now, make the right choices while spending money by creating a budget, identify the needs and wants and also imbibe the culture of savings, be smart about how money is spent and spend money wisely.”

Utulu disclosed to the youths that money was exchanged in the past by trade by barter, which today cash, checkbooks, Automated Money transfer, Automated Teller Machine (ATM) Card amongst others are in use today.

She disclosed that Heritage Bank as part of the engendering saving culture, Heritage Bank would assist commence saving with various account opening packages like the Bud account for students and Tier 1 account for young adults.

Also speaking at the event, the Co-convener, Heart to Heart Foundation, Dr. Stephine Oarhe commended Heritage Bank for being at the forefront to instill financial knowledge and saving culture amongst the young generation.

She admonished parents not to entrust their responsibilities to children and allow them to grow before assuming adult responsibilities.

He advised the students were further advised to focus on themselves as they ensure they are better than who they were yesterday.

BIG STORY

Aare Abisoye Fagade Joyously Celebrates The Coronation Of The 43rd Olubadan Of Ibadan, Oba Akinloye Owolabi Olakulehin

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In a momentous celebration that echoes through the vibrant streets of Ibadan, Aare Abisoye Fagade extends his exuberant congratulations to Oba Akinloye Owolabi Olakulehin on his enthronement as the 43rd Olubadan of Ibadan. This landmark coronation ushers in a new era of leadership, heritage, and progress for the illustrious city of Ibadan.

With a heartfelt connection that spans decades, Aare Fagade has cherished the guidance and wisdom of Oba Olamilehin, whom he has revered not only as an esteemed uncle but also as a distinguished entrepreneur and an astute politician, a legacy passed down through his father, the late Elder David Oladokun Fagade. The bond between their families is woven into the very fabric of Ibadan’s history, making this occasion deeply personal and profoundly significant.

“Today, we celebrate not just a coronation but the dawn of a new chapter in the storied history of Ibadan,” proclaimed Aare Abisoye Fagade. “Oba Akinloye Owolabi Olakulehin embodies the virtues of wisdom, integrity, and visionary leadership. His ascent to the throne heralds a future filled with promise and prosperity for our beloved city.”

Aare Fagade’s jubilant praise for the new Olubadan is accompanied by fervent prayers for his reign. “May the reign of Oba Akinloye Owolabi Olamilehin be showered with divine blessings, peace, and unprecedented growth. May his leadership unite us and inspire us to reach new heights of excellence and harmony.

The coronation of Oba Olakulehin is not merely a ceremonial event but a rallying cry for all Ibadan indigenes to come together in support of their new monarch. Aare Fagade calls upon every son and daughter of Ibadan to embrace this momentous occasion with unity and enthusiasm, pledging their support to a reign that promises to uphold the grandeur and legacy of Ibadan.

As the city of Ibadan rejoices in this historic event, the air is filled with anticipation and hope for a future sculpted by the vision and guidance of Oba Akinloye Owolabi Olamilehin. Aare Abisoye Fagade stands proudly with his fellow Ibadan natives, celebrating the dawn of a new era.

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JUST IN: President Tinubu Renames National Theatre After Wole Soyinka

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has renamed the national theatre in Lagos after Wole Soyinka.

Tinubu made the pronouncement in a birthday message to the Nobel laureate who turns 90 on July 13.

“It is also fitting we celebrate this national treasure while he is still with us,” Tinubu said.

“I am, accordingly, delighted to announce the decision of the Federal Government to rename the National Theatre in Iganmu, Surulere, as the Wole Soyinka Centre for Culture and the Creative Arts.

“We do not only celebrate Soyinka’s remarkable literary achievements but also his unwavering dedication to the values of human dignity and justice.”

 

More to come…

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HEALTH: FG Inaugurates Committee To End Mother-To-Child Transmission Of HIV

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The federal government has established a multidisciplinary committee to eliminate the transmission of HIV from mothers to children in Nigeria.

Minister of State for Health and Social Welfare, Tunji Alausa, launched the Prevention of Mother-to-Child Transmission (PMTCT) and Pediatric HIV Programme Committee in Abuja on Thursday.

Alausa highlighted that Nigeria accounts for 25% of global mother-to-child HIV transmission and emphasized the ministry’s commitment to collaborating with the National Agency for the Control of AIDS (NACA) and the National AIDS and STIs Control Programme (NASCP) to ensure that no child is born with HIV, thereby eradicating vertical transmission.

“As you are aware, Nigeria contributes 25% of the global burden of HIV transmission between mothers and their children,” Alausa said.

“Despite testing approximately 4 million pregnant women in 2023, our PMTCT (prevention of mother-to-child transmission) and pediatric HIV coverage remain at about 35%, falling significantly short of the 95% target.

“Through the National Agency for the Control of AIDS (NACA) and the National AIDS and STIs Control Programme (NASCP), we will provide effective governance for this programme.

“Eliminating mother-to-child transmission of HIV and ensuring care for all persons living with HIV, especially our children, aligns with the renewed hope agenda of Mr President.”

Also speaking, Temitope Ilori, the director-general of NACA, expressed concern over the low coverage of PMTCT and pediatric HIV in Nigeria.

Ilori said about 140,000 children below 14 years old are living with HIV as of 2023, with 22,000 new infections and 15,000 AIDS-related deaths occurring among underage people.

The NACA DG noted that the newly constituted committee will drive the implementation of the initiative, in line with the sector-wide approach to health care in Nigeria.

“Nigeria faces a critical challenge in preventing mother-to-child transmission (PMTCT) of HIV and ensuring access to care for children living with HIV,” Ilori said.

“The objective of today’s meeting is to formally inaugurate the acceleration plan committee to provide oversight to the PMTCT and pediatric HIV programme implementation in line with the three-one principle of one coordinating agency, one strategic framework, and one M&E system.”

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