Investing in monetary literacy key for financial enchancment, says Ologe

John Ologe, the chief government officer (CEO), DavoDani Microfinance Financial institution, has acknowledged the significance of investing in buildings that promote monetary literacy to reinforce the financial system and the lives of Nigerians.

Ologe shared this perception throughout an occasion the place DavoDani Microfinance Financial institution (DDMB) honoured prospects for his or her dedication to monetary literacy. The financial institution awarded presents to those that confirmed a powerful financial savings behavior on the 4th Save and Win Promo Attract Lagos.

Learn additionally: 1,000 MSMEs get financial literacy empowerment through SheEnabled project

Talking on the occasion, the CEO emphasised the necessity for investing in infrastructures that assist and improve monetary training to positively influence each the financial system and the well-being of Nigerians. “This initiative displays DDMB’s dedication to recognizing and rewarding prospects who prioritize monetary literacy and financial savings,” he mentioned.

Ologe additionally welcomed attendees with enthusiasm and emphasised the financial institution’s dedication to monetary inclusion and prosperity by means of initiatives just like the Save and Win Promo. “In our pursuit of economic inclusion and prosperity, the Save and Win Promo goals to instill a tradition of financial savings whereas extending monetary providers to the underserved,” Ologe mentioned, highlighting the financial institution’s dedication to empowering prospects by means of monetary literacy applications.

Acknowledging the pivotal function of loyal prospects, Ologe introduced the financial institution’s development, now with 11 branches, together with the most recent one within the Ajah-Badore axis of Lagos State.

“As we collect right here as we speak, we goal to pick out new winners for the fourth season of our Save and Win Promo,” Ologe remarked, encouraging prospects to grab the chance and take part actively.

Additionally on the occasion, Raymond Ezekwu, the Group Head of Enterprise Improvement at DavoDani Microfinance Financial institution, confused the significance of rewarding depositors and selling monetary literacy, particularly amid financial challenges.

“We encourage prospects to avoid wasting for the longer term regardless of financial uncertainties. Monetary literacy empowers them to navigate challenges and make the most of financial savings for enterprise development,” Ezekwu acknowledged, emphasizing the financial institution’s dedication to supporting prospects of their monetary journeys.

Learn additionally: Expert, Oluyomi Martins launches book aim at deepen financial literacy in Nigeria

Among the many celebrated winners was Onyekachi Okechukwu, {an electrical} supplies businessman based mostly in Alaba department, who expressed shock and gratitude for the popularity.

“Saving is crucial even in powerful instances. It accumulates over time and offers alternatives for development,” Okechukwu mentioned, highlighting the importance of cultivating a financial savings behavior for long-term advantages.

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