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Wema Bank Donates Brand-New Car To Winner Of Outstanding MSME Clinic Of The Year At National MSME Awards 2024

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Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, donated a brand-new car to Desoor Bags, the winner of the Outstanding MSME Clinic award—female category, at the National MSME Awards Night 2024. This Award Ceremony was held at the Presidential Villa in Abuja on Thursday 27th June 2024, to commemorate World MSME Day.

The International MSMEs Day and MSME Awards Night 2024 is a twofold event organised by the Federal Government of Nigeria through the Office of the Vice President, to celebrate the successes in the Nigerian MSME Sector and develop sustainable solutions for the continuous growth and development of the sector, to ultimately boost the Nigerian economy. The first part of the event convened top reputable institutions and entities including Wema Bank, to brainstorm and proffer sustainable financial solutions to not only provide affordable loans and funding for MSMEs, but to also ensure that these financial solutions are easily accessible and available to MSMEs. The concluding part of the Event was the National MSME Awards 2024; the sixth edition of the annual celebration.

The Award Ceremony celebrated top performing MSMEs across various categories from different parts of the country, awarding them with gifts and cash prizes in show of support and in advancement of their businesses. Wema Bank, reputed for its positive impact across various areas including MSMEs and Women, not only contributed immensely to the solutions garnered in the daytime event but also sealed its commemoration of World MSME Day 2024 at the National MSME Awards 2024 by gifting a car to Desoor Bags, the winner of the Outstanding MSME Clinic award (female category). This remarkable gesture simultaneously reinforced the Bank’s role as an enabler for MSMEs and its reputation for championing women empowerment and promoting gender inclusion in Nigeria.

Presenting the award and car gift in representation of Moruf Oseni, the MD/CEO of Wema Bank, Tunde Mabawonku, the Bank’s Executive Director of Retail and Digital Business, highlighted the impact of the World MSME Day 2024 events, emphasising the need to provide tailored support for MSMEs and advocating for a seamless synergy of capacity development, financial and material empowerment, collaboration, as well as leveraging technology and digital, to build a supportive ecosystem for MSMEs to thrive. “First, I would like to congratulate Adesola, the Outstanding MSME Clinic Award winner in the female category of the 6th National MSME Awards. It should come as no surprise that we choose to reward a woman today, as Wema Bank has always demonstrated a strong commitment to empowering women and provided tailored solutions for them to thrive in their personal and professional endeavours. We continue to do it through our women-focused proposition, SARA, and today, we have chosen to support this outstanding woman-owned business with a car to reduce stress and increase efficiency for her as she continues to grow her business”.

“As we commemorate World MSME Day today, it is important that we set our sights forward on the future of MSMEs in Nigeria. This is why the conversations we’ve had today are very important and Wema Bank is more than glad to be part of it. As the Bank that is committed to empowering lives through innovation, we are dedicated to not only providing innovative solutions and resources for customers to thrive but also empowering them to make the most of these solutions we provide. Technology and digital are the future, and intelligence is here to stay so beyond providing financial resources for MSMEs, we are also focusing on empowering them with digital skills to ensure they are not left behind in this digital evolution. The goal is digital empowerment for scale. To maximise our impact, we will continue to innovate and collaborate to drive capacity development, financial and material empowerment, as well as technology and digital empowerment for MSMEs, to build an enabling environment for these MSMEs to thrive”.

Expressing irrepressible gratitude to Wema Bank for the remarkable show of support, Adesola Adedoyin, CEO Desoor Bags and Winner of Outstanding MSME Clinic Award (Female category) at the National MSME Awards 2024, added, “I cannot find the words to express how I feel right now. My business has been recognised on such a huge platform and on top of that, I am going home with N2,000,000 and a brand-new car, it feels so unreal. Thank you, Wema Bank, for supporting me and my business with this car. I can now transport myself and the resources Desoor Bags needs without struggling to ‘jump bus’ multiple times when I can fit it all in the car at once. I am beyond grateful. Thank you to the Federal Government for the opportunity and thank you, Wema Bank for all you do”.

In its authority as Nigeria’s most innovative bank, Wema Bank continues to prove its mettle not just as an enabler for MSMEs but also as the partner of choice for all. With the Bank’s diverse range of tailored solutions and its success in already providing single-digit loans for female MSMEs, among others, Wema Bank continues to push boundaries for the best and redefine standards in the banking and financial services industry.

BIG STORY

Why Making Movies The Nollywood Way Is An Important Book — By Niran Adedokun

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“The 1992 release of Living in Bondage has been widely touted as the beginning of new Nollywood as we know it. This was when Nigerian filmmaking transitioned into portable can-be-watched at home VHS-recorded movies. And as viewing options transformed from clunky VHSs to lightweight CD-ROMs and subsequently to ubiquitous internet-based streaming platforms, Nollywood has also evolved to include new stories, actors, production techniques, production crews and filmmakers. While most of these transitions and players have been captured in books, documentaries and other media formats, little to nothing has been done to document the filmmaking process the Nollywood way.

What this implied was that new and aspiring filmmakers had no handbook they could turn to for guidance on what they need to know, have and be to produce a movie in Nigeria. Such newbies could only rely on snippets from interviews or if lucky, studying at a filmmaking school or getting a chance to learn practically by working on a movie set. Although studying and learning by doing have advantages, they do not give the benefit of drawing from the wealth of experience of multiple veteran filmmakers at the same time, which limits new filmmakers’ worldview and consequently the quality of work they produce.

Having identified and seen the need to close this gap, Seun Oloketuyi embarked on an audacious project, the result of which is this book. In Making Movies the Nollywood Way, Seun set to answer seven essential questions, the answers of which would set aspiring and new filmmakers on the path to success: 1. What does the filmmaking process entail? 2. What is filmmaking in Nigeria like? 3. How does timing work in Nollywood? 4. What funding options are available, and budgeting considerations should a Nigerian filmmaker factor in? 5. What challenges, in addition to location scouting, should filmmakers watch out for? 6. What are the key ingredients for success and marketing in Nollywood? And finally, how does a typical day on set look like for a Nollywood filmmaker?

To answer these questions, Seun turns to the “who’s who”, the major players, the ace directors and filmmakers across Nollywood with decades of experience and scores of movies in their portfolios. From Tope Oshin to Biodun Stephen, Ibrahim “Itele” Yekini, Robert Peters, Wale Adenuga, Tade Ogidan, Zeb Ejiro, Ayo “AY” Makun, Emem Isong, Zik Zulu Okafor, Rogers Ofime, Fidelis Duker, Lancelot Imasuen, and Ali Nuhu. Thankfully, these movie afficionados do not hold back. From having to work with tight or non-existent budgets to battling louts who frustrate film shoots to identifying knowing the right stories that captivates the Nigerian audience. The unvarnished truth is laid bare and the joys and frustrations of filmmaking the Nollywood way are exposed, with the hope of steering the course of the next generation of filmmakers

I am not surprised at what Oloketuyi has documented. Rather, I find myself asking, what took him so long? I have known and collaborated with Mr Oloketuyi for nearly three decades. I have followed with admiration the great work he has been doing in ensuring the Nigerian film industry gets the accolades and recognition due it. This was part of why he established the “Best of Nollywood” Awards in 2009, to annually recognise outstanding achievements in Nollywood. Having dabbled into filmmaking himself, Seun is able to empathise with filmmakers and with his decades of experience working in the industry he knows where the shoe pinches.

In writing this book, Oloketuyi has further shown that he is concerned not only about the present but the future of Nollywood. This book is a timely resource for everyone who is interested in filmmaking in general and especially filmmaking the Nigerian way. I urge aspiring, young and new movie makers to read, imbibe and apply the copious lessons it has to offer. As they say, experience is the best teacher, but it doesn’t necessarily have to be one’s own experience. Reading this book will ensure new filmmakers do not need to reinvent the wheel by waste time, money, and other resources in navigating the filmmaking business in Nigeria. With this book, you do not get frustrated before you even begin like is the experience of many people.

This book is also recommended to decision makers, policy makers, government agencies and other stakeholders who have the power to shape and influence the filmmaking industry. Tales of poor funding and other infrastructural deficits are rife within this book, begging for an urgent intervention to promote the survival and sustainability of Nollywood. A well-functioning Nollywood is essential if the next generation of thespians and film production experts are to embrace it as a career path. It if critical to the future of the country, and the urgent need for it to diversity its economy and make harness the endless potential in this largely privately motivated industry.

 

Niran Adedokun

Author of Ladies Calling the Shots

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BIG STORY

Ex-Commissioner Jude Dakur Announces Plateau Governorship Bid Under APC, Gets Party Stakeholders’ Backing [PHOTOS]

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The political atmosphere in Plateau State gained fresh momentum on Friday as Hon. Jude Eli Dakur formally declared his intention to contest for the governorship of Plateau State in 2027 under the platform of the All Progressives Congress (APC).

Dakur made the declaration before the leadership of the APC in Kerang Ward, his immediate ward, as well as the Mangu Local Government Executive Committee and members of the State Executive Council. His announcement was met with overwhelming support from stakeholders, party leaders, and enthusiastic supporters who commended his courage and readiness to serve.

A former Commissioner of Education and Commissioner for Mineral Development in the state, Dakur is regarded as an experienced administrator with the skills to drive growth and development.

Speaking at the event, Dakur reaffirmed his passion for the progress of Plateau State and pledged to bring vision, integrity, and competence into governance if elected governor.

Grassroots mobilisers and various organisations present pledged their commitment to the “Faith Project” movement, promising to spread the message of transformation and unity across communities in the state.

The declaration has set the stage for what supporters describe as a new wave of political momentum for the APC in Plateau State as preparations for the 2027 elections gather pace.

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BREAKING: Ibrahim Shatta Loses Son Few Days After Peju Ogunmola Lost Only Son

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Popular Yoruba actor and filmmaker, Ibrahim Chatta, has announced the death of his son.

The actor broke the news on his Instagram page on Saturday, expressing grief and submitting to the will of God.

“Inna liLlahi wa inna ileyhi rajiun. Ya Allah, You are the Knower of all things. Rest on Dear Son, Champ,” he wrote.

Chatta’s loss comes only days after fellow actress Peju Ogunmola also lost her only son with veteran actor Sunday Omobolanle, popularly known as Papi Luwe.

The twin tragedies have thrown Nollywood into mourning, with condolences pouring in from colleagues and fans of both families.

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