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CBN Advises Nigerians to Save More, Releases Access, Zenith, UBA, 23 Other Banks’ Interest Rates [Video]

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Brand Awareness
  • The CBN has called on Nigerian youths to try and cultivate a savings culture to ensure financial security
  • The apex bank said prioritising savings, no matter how little, will also be beneficial to national economic growth
  • These are challenging times for Nigerians as rising inflation keeps reducing the value of monthly income

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Central Bank of Nigeria (CBN) has called on Nigerian youths to develop a savings culture as a foundation for a more secure future.

This message was delivered by Ibrahim Yahaya, the Acting Head of the Consumer Protection Department at CBN, during the celebration of World Savings Day on October 30, 2024, in Abuja.

CBN encourages Nigerians to savePhoto credit: CBNSource: UGC

Yahaya stressed in his speech that saving from an early age is very important.

He added that …

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