BIG STORY
FEBWE 2024: Empowering West African Women Entrepreneurs At Nigeria’s Business Fair
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The 2024 edition of the Business fair of the Federation of Business Women Entrepreneurs (FEBWE), an ECOWAS-founded regional organization, successfully concluded in Victoria Island, Lagos. Held between 25th and 27th September 2024, the three-day event highlighted the importance of empowering women entrepreneurs in West Africa and closed with a gala dinner.
The fair saw a significant turnout of influential women from across West Africa, especially from Nigeria. Key figures included H E Dame Pauline Tallen, former Minister for Women Affairs, Dr. Folashade Tinubu-Ojo, President-General of the Association of Commodity Market Women & Men of Nigeria, and Madame Candide Leguede, Regional President of ECOWAS FEBWE.
Papers and presentations were delivered by prominent institutions, such as the International Trade Centre-Geneva, Wema Bank, and CBW Africa, focusing on business growth through innovative digital tools and grants.
Her Excellency Dame Tallen opened the event by emphasizing the impact of empowering women on the African continent. “When women are empowered, the family, society, and the nation are empowered,” she stated, urging the private sector to support FEBWE through funding and empowerment initiatives.
Dr. Anthony Luka Elumelu, representing ECOWAS Commission, discussed FEBWE’s role in promoting economic integration, peace, and governance in West Africa. The Director Private Sector was also speaking on behalf of the Commissioner for Economic Affairs and Agriculture Mrs. Massandjé TOURE-LITSE at the event. He called for the prioritization of the ECOWAS protocol on the free movement of people, goods, and services to unlock the region’s vast potential, stating that seamless cross-border trade would boost regional growth.
Dr. Folashade Tinubu-Ojo (the IYALOJA GENERAL the President General of Commodity Market Women and Men of Nigeria, in Lagos) stressed that women in business require easier access to funds and government support, urging more initiatives like FEBWE to create awareness and networking opportunities for women entrepreneurs across ECOWAS Member States.
Over 35 exhibitors showcased products from various African countries, demonstrating the diversity and strength of the region’s female-led businesses. The President of FEBWE Nigeria, Princess Omotola Omole, commended the ECOWAS-backed platform for fostering trade and empowering women entrepreneurs. She expressed hope that goods from the fair would soon circulate across West African countries, encouraging intra-regional trade.
Madame Candide Leguede, in a panel interview, discussed solutions to the challenges faced by women entrepreneurs in cross-border trade. She emphasized the need for business people to familiarize themselves with trading regulations to navigate border challenges effectively. “Both businessmen and women need to know their rights to ensure officials act professionally,” she stated.
FEBWE’s 2024 edition demonstrated the organization’s commitment to advancing the role of women in business throughout West Africa, with its sights set on fostering greater integration and cross-border trade opportunities.
BIG STORY
JUST IN: Malami, Son, Fourth Wife, Associate Pleads Not Guilty To Money Laundering Charges
A former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Tuesday pleaded not guilty to a 16-count money laundering charge preferred against him by the Economic and Financial Crimes Commission.
Malami’s co-defendants—his son, Abubakar Abdulaziz Malami, and his fourth wife, Bashir Asabe—also pleaded not guilty to all the counts when the charges were read to them by the court registrar.
The defendants were arraigned before Justice Emeka Nwite of the Federal High Court, Abuja.
In the charge, the EFCC alleged that the defendants conspired at various times to conceal, retain, and disguise proceeds of unlawful activities running into several billions of naira.
According to the commission, the alleged offences span several years and involve the use of companies and bank accounts to launder funds, the retention of cash as collateral for loans, and the acquisition of high-value properties in Abuja, Kano, and other locations.
The EFCC further alleged that some of the offences were committed while Malami was serving as Attorney-General of the Federation, in breach of the Money Laundering (Prohibition) Act 2011 (as amended) and the Money Laundering (Prevention and Prohibition) Act 2022.
BIG STORY
JUST IN: Ex-AGF Abubakar Malami, Son, Employee Appear In Abuja Court Over Alleged N8.7bn Fraud
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