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Wema Bank Empowers 100,000 MSMEs In Ekiti State

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  • Launches Ekiti-Wema MSME Empowerment Programme for Youth and Businesses

 

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has partnered with the Ekiti State Government through the Ministry of Wealth Creation and Employment to launch the Ekiti-Wema MSME Empowerment Programme for youth and businesses in Ekiti State.

Launched on Monday, August 5th, 2024, the Ekiti-Wema MSME Empowerment Programme is an initiative designed to train and empower 100,000 youth and Micro, Small and Medium Enterprises (MSMEs) operating within Ekiti State with business management, digital empowerment and finance management skills for success.

Leveraging the immense potential of Nigerian youth and the economic opportunities presented by MSMEs, the Ekiti-Wema MSME Empowerment Programme is strategically curated to help the youth of Ekiti State maximise their potential while equipping businesses for sustainable growth and productivity, towards boosting the state’s macroeconomic conditions.

The Ekiti-Wema MSME Empowerment Programme is set to be executed through virtual and physical training sessions cutting across business management, digitalisation, and financial management, additionally providing access to mentorship support from experienced and successful entrepreneurs from within and outside Nigeria.

These participants will also receive a certificate of participation upon completion of their training course. Beyond the trainings, participants will also gain access to market and assistance in securing finances to put their learnings to practice and scale their operations.

This comprehensive approach ensures that the Programme not only enhances the capabilities of youth and MSMEs in Ekiti State but also facilitates their sustained growth and contribution to the economic development of Ekiti State.

Reiterating the Bank’s commitment to pioneering solutions, initiatives and partnerships for the growth and success of Nigerians, Wema Bank’s Executive Director of Retail and Digital Business, Tunde Mabawonku, encouraged youth and businesses in Ekiti State to seize this unique opportunity for their success. “As Nigeria’s most innovative bank, we have committed to concerting efforts, pooling resources where ideal and going the extra mile in developing solutions that address the needs of our people and ultimately empower them to thrive.

Our robust portfolio attests to this deep-rooted commitment and with the Ekiti-Wema MSME Empowerment Programme, we are extending the reach of our positive impact, positively enhancing the lives and businesses of the Ekiti State people and empowering them with the skills, knowledge, and expertise needed to thrive in today’s competitive market.

Our approach is granular yet comprehensive, bringing tailored solutions for growth to the youth and businesses of Ekiti State right within their vicinity.

We hope that through this initiative, Ekiti State will become a hub of productivity and economic buoyance, and the domino effect of this economic boost will translate on the national scale, improving our nation’s macroeconomic indicators for the best”, Mabawonku said.

The Ekiti State Honourable Commissioner for Wealth Creation and Employment, Otunba Kayode Fasae, added, “Our goal with this partnership with Wema Bank is to implement a two-pronged approach that contains two missing key ingredients of wealth creation and employment generation, which are skill development and finance. Wema Bank has been extremely supportive in working with the Ekiti State Government for the success of our people.

You would recall that in 2020, the Bank collaborated with the State to sponsor the training of 2500 youth under the Central Bank of Nigeria’s AgriBusiness Small Medium Enterprise Investment Scheme (AGSMEIS) and now, four years later, we are proud to announce the birth of yet another groundbreaking partnership with the Bank, the Ekiti-Wema MSME Empowerment Programme.

We reiterate our unwavering commitment to maximise the deliverables of this Programme to serve as a veritable intervention platform for skill development and panacea for employment and wealth creation”.

Wema Bank continues to expand its network, partnering with reputable individuals, institutions, and entities on state and federal levels to provide viable solutions for Nigerians across the world, empowering them to thrive in both personal and professional endeavours. With the Ekiti-Wema MSME Empowerment Programme, Wema Bank is set to transform 100,000 lives and businesses across Ekiti State.

Interested Youth and Businesses in Ekiti State are to visit https://wema-ekitisme.alat.ng/register to register for the Ekiti-Wema MSME Empowerment Programme.

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JUST IN: Court Grants Bail To 10 #EndBadGovernance Protesters Arraigned For ‘Treason’

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A Federal High Court in Abuja has granted bail to 10 protesters associated with the #EndBadGovernance movement, who are standing trial for alleged treason.

The defendants, Michael Adaramoye, Adeyemi Abayomi, Suleiman Yakubu, Opaoluwa Simon, Angel Innocent, Buhari Lawal, Mosiu Sadiq, Bashir Bello, Nuradeen Khamis, and Abdulsalam Zubairu, were arraigned before Presiding Judge Emeka Nwite on September 2.

They pleaded not guilty to a six-count charge, including: treason, intent to destabilize Nigeria,conspiracy to commit felony, inciting mutiny.

These offenses are punishable under Section 97 of the Penal Code. Additional allegations include: attempting to start a war, intimidating the president, attacking and injuring police officers, burning police stations.

The defendants were also charged with torching the NCC complex in Kano, Kano Printing Press, Kano government house, and several other buildings.

Although the defendants had applied for bail through their different lawyers, Nwite ordered their remand in prison custody pending a ruling on the application on September 11.

Delivering the ruling on Wednesday, Nwite granted a N10 million bail to the defendants.

They are to produce one surety each in like sum. The sureties must have landed property in Abuja, produce documents of the properties, and submit them to court.

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Fufeyin: Bishops Lead Protest In Asaba, Say NAFDAC Don’t Have Right To Regulate Spiritual Products

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A group of protesters, led by seven bishops and comprising members of Christ MercyLand Deliverance Ministry, Abuja, and other Christian faiths, on Sunday, gathered at the National Agency for Food and Drug Administration and Control (NAFDAC) office in Asaba, Delta State.

Defying heavy rainfall, the protesters carried placards with various inscriptions, expressing solidarity with Senior Prophet Jeremiah Fufeyin and condemning alleged attacks by NAFDAC on his spiritual products.

The demonstrators urged NAFDAC to cease its alleged harassment of Prophet Fufeyin, emphasizing the importance of religious freedom and the value of his spiritual contributions.

Some of the placards read, “Spiritual products have spiritual backing, don’t need NAFDAC approval, When it comes to spiritual, respect it among others.

Speaking on behalf of the protesters, the Metropolitan Archbishop of the Charismatic Anglican Church of Nigeria, Samuel Baaba cautioned NAFDAC on spiritual matters.

Baaba said, “We are men of God and we are here in solidarity to send a message to NAFDAC to refrain from its step over spiritual matters.

“NAFDAC does not have the right to regulate spiritual products. There is a limit to what people can do especially when it comes to matters of faith”

Also speaking, Rector Union Theological Institute and Seminary, Port Harcourt, Evangelical Church, Calixtus and Most Celestine Ewurum added that they were only interested in the issue that concerned items that are spiritual.

“To the best of my knowledge and which I have read through the NAFDAC Act, 2004, if there is an amendment, I don’t know, where it could regulate the spiritual product.

“NAFDAC don’t have right to declare the products fake when it never tested the product, NAFDAC should out clearly what is wrong with the water” they added.

The NAFDAC’s Director General, Prof Mojisola Adeyeye, on Sunday, alerted Nigerians to the activities of a faith-based organisation, Christ Mercy Land Delivery Ministries, led by Prophet Jeremiah Fufeyin, using the agency’s name to deceive the unsuspecting public

She said none of the products; Miracle & Healing Water, River Jordan Water, among others were registered with NAFDAC, advising the public to stop patronising any of the miracle products.

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Elegushi Felicitates Sir Igbinedion At 90

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The traditional ruler of Ikate-Elegushi kingdom, Oba Saheed Elegushi, has felicitated the Esama of Benin kingdom, Sir Gabriel Igbinedion as the eldersatesman, philanthropist and community leader marks his ninetieth birthday anniversary.

In a statement signed by Oba Elegushi’s Special Assistant on Public Affairs, Temitope Oyefeso, he described Sir Igbinedion as a man of many firsts, pioneering many businesses and institutions that have stood the test of time and reference for others.

“As a pioneer in business, education, and philanthropy, Sir Igbinedion has left an indelible mark on the world. His entrepreneurial spirit and innovative thinking have inspired countless individuals to pursue their dreams and make a positive impact on society. ”

Throughout his remarkable life, He has exemplified the values of hard work, dedication, and service to others.

On his commitment to education. Oba Elegushi noted that Igbinedion’s pioneering intervention has transformed the lives of many young people, providing them with the tools and opportunities they need to succeed. His generosity and compassion have touched the hearts of those in need, offering hope and support to the most vulnerable in our communities.

At 90, Sir Igbinedion’s legacy shines brightly, a beacon of inspiration for all who have had the privilege of knowing him.

Oba Elegushi prayed for more glorious years for the celebration, in continously service of humanity and worthy causes.

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