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Iconic Encounter: Music Superstar Davido Meets Wema Bank’s New MD/CEO

In what will be recorded as a historic occasion in the worlds of entertainment and finance, globally acclaimed Nigerian music artist, Davido met with Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, to explore opportunities for collaboration and transformation between the finance and entertainment industries. The momentous meeting of minds took place at the bank's headquarters in Marina, Lagos and according to Oseni, signifies the convergence of visionary leadership, creative brilliance, and a shared commitment to innovation. Wema Bank Plc, a leading financial institution in Nigeria, recently welcomed a new Managing Director, injecting fresh perspectives and a dynamic vision into the organization. "Wema Bank and Davido are both innovative brands that recognize the immense potential that arises from the fusion of finance and entertainment, setting the stage for groundbreaking initiatives that will captivate audiences and revolutionize customer experiences", Oseni said in his welcome address to the global music sensation and trendsetter who has captured the hearts of millions worldwide. Oseni further acknowledged Davido's entrepreneurial prowess and influential persona which have propelled him beyond the music industry, making him a force to be reckoned with in various business sectors. "Davido is well known for his unwavering dedication to excellence and having a finger on the pulse of the ever-evolving entertainment landscape." The meeting with Davido serves as a catalyst for transformative change and positions Wema Bank as a pacesetter in the intersection of finance and entertainment. The bank's commitment to customer-centric innovation and providing accessible banking solutions aligns seamlessly with Davido's mission to empower and uplift his fan base. Oseni insisted "We are fusing finance and entertainment with the aim of delivering innovative solutions that resonate with our customers. Together, we will drive positive change and create extraordinary experiences." In celebration of the sixth anniversary of ALAT, Wema Bank's digital banking platform, Davido also

Wema Bank Employees Donate Chairs, Tables To Isale Eko Grammar School

Dr Mukaila Olatoye, Principal Isale Eko Senior Grammer School

Wema Bank, Nigeria’s leading financial institution known for its dedication to social responsibility, marked a momentous occasion today as it made a substantial donation of chairs and tables to Isalẹ Eko Grammar School. This heartfelt gesture, a testament to Wema Bank's unwavering commitment to community development, was made possible through its Corporate Social Investment (CSI) initiative, the "Salary for Love" campaign. During this remarkable endeavor, Wema Bank's compassionate staff members selflessly contributed their salaries, embodying the spirit of giving back and leaving a lasting impact on the lives of others. The culmination of this initiative took place on the 19th of May, 2023, at Isale Eko Grammar School. The newly acquired furniture will undoubtedly transform the learning environment, creating a haven of comfort and inspiration for the students as they embark on their academic journeys. Speaking at the donation ceremony, Uchenna Obazeh, the Head of Credit Risk Management at Wema Bank, emphasized the bank's firm belief in the transformative power of education. He commended the unwavering dedication of Wema Bank's staff members and their resolute commitment to supporting education within the community. According to him, "Through the 'Salary for Love' initiative, our employees have showcased their exceptional devotion to shaping a brighter future through education. We are humbled to contribute to the growth and development of Isale Eko Grammar School, as we remain steadfast in our mission of corporate citizenship." Dr. Mukaila Olatoye, the principal of Isalẹ Eko Grammar School, expressed deep gratitude on behalf of the institution, recognizing the profound influence this generous donation will have on the students' educational pursuits. In addition to the remarkable furniture donation, Wema Bank extended its support even further by bestowing scholarships upon two remarkable individuals from Isalẹ Eko Grammar School. These scholarships, provides invaluable financial assistance and will serve as stepping stones for these exceptional students as they

Wema Bank Launches SME Business School 5.0 – Naijanewsdirect

Wema Bank

Wema Bank, the leading innovative bank in Nigeria, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) in Nigeria - the Wema SME Business School 5.0. The programme aims to equip SME business owners and entrepreneurs in Nigeria with the necessary skills and knowledge to succeed in business. The Wema SME Business School 5.0, the fifth edition of the programme, will be held in Benin, Edo State, from May 22nd to May 26th. The programme will feature training and lectures on various aspects of business management and entrepreneurship, facilitated by subject matter experts and experienced entrepreneurs. Arthur Nkemeh, Head of SME Banking at Wema Bank, stated that "Small businesses are the backbone of the Nigerian economy, and as a bank, we are committed to supporting their growth and development. The Wema SME Business School is a valuable initiative designed to equip SME business owners and entrepreneurs with the right skills and knowledge they need to succeed in today's business environment." Since its launch in 2021, the SME Business School has held four successful editions of the programme in different parts of the country, including Lagos, Abuja, and Port Harcourt. Each edition of the programme has attracted over 500 SME business owners and entrepreneurs, who are selected through a call for applications and direct nominations. The SME Business School 5.0 is open to all SME business owners and entrepreneurs in Nigeria who wish to improve their business management skills and grow their enterprises. Interested participants can register for the programme through the provided link or on the bank's website. The Wema SME Business School is part of Wema Bank's commitment to promoting innovation and driving creativity in Nigeria. The bank remains dedicated to supporting the growth and development of small businesses in Nigeria, and the SME Business School is just one

Wema Bank Unveils Latest Brand Jingle For ALAT By Wema

Wema Bank, Nigeria’s leading innovative bank, has unveiled the latest brand jingle for its digital banking application, ALAT by Wema which is set to become an instant hit with customers and music lovers alike. The new jingle is part of the bank's continuous efforts to connect with its target audience while staying true to its core values of innovation, excellence, and customer satisfaction. The jingle, which was created by the winner of its Sounds of ALAT competition, Onyelisigwe Bright and produced by one of Nigeria’s biggest talents in the entertainment industry, Cobhams Asuquo, features an upbeat, catchy tune with lyrics that reflect the bank's commitment to providing top-notch financial services to its customers. It is designed to evoke a sense of positivity, energy, and optimism, reflecting the bank's vision of a brighter future for all its stakeholders. Commenting on the new jingle, Wema Bank's Head of Brand & Marketing Communication, Mabel Adeteye, said: "We are thrilled to unveil our latest brand jingle, which we believe captures the essence of our brand and what we stand for. We wanted a jingle that would resonate with our customers and make them feel proud to be associated with Wema Bank. We are confident that this new jingle will do just that and more." The new jingle is already generating buzz on social media, with many customers and music lovers praising its catchy tune and positive message. It will be featured in all the bank's marketing campaigns, including television and radio commercials, online ads, and social media. Wema Bank has a long history of innovation and excellence in the Nigerian banking industry, and the new jingle is just the latest example of the bank's commitment to staying ahead of the curve and delivering value to its customers. Customers can download the jingle. L-R: Sounds of ALAT Judges, Cobhams Asuquo,

Wema Bank Launches Upgraded ALAT for Business Digital Banking App.

Wema Bank

Wema Bank, Nigeria's leading innovative bank, has launched the upgraded version of its corporate digital banking application, ALAT for Business 2.0. The launch took place on May 3rd, 2023, during the bank's Digital Week activities themed "Changing The Digital Dynamics In Nigeria" in celebration of the bank's anniversary.   During the virtual event, Samuel Robson, the Product Owner, expressed his excitement to announce the launch of the new and improved ALAT For Business. He explained that the upgraded version offers an intuitive and seamless experience with enhanced security features and greater functionality. The app's fresh new look and feel make it more user-friendly and engaging, while the omnichannel experience allows users to access their account from any device with ease.   As a sole proprietor, ALAT for Business 2.0 offers an on-boarding feature to make opening and managing an account easier. The app is also accessible to multiple users, enabling account access sharing with team members or family members and revoking it with ease.   During the virtual event, Oyindamola of Total Data Limited and Dr. Mark of Jendol Superstore shared their positive experiences using the application. They praised the app's user-friendly interface, which aided the ease of making bulk payments to various vendors and sorting out payroll for various businesses without any hassle.   The Chief Digital Officer, Olusegun Adeniyi, highlighted Wema Bank's commitment to the future of banking by developing tailored solutions and ensuring the bank covers various verticals beyond the financial ecosystem.   The upgraded ALAT for Business is now available on various app stores, offering an improved user-friendly interface, interbank & intrabank transfers, multiple user accessibility, bulk transfer to over 6,000 accounts, and access to stamped e-statements. ALAT for Business is the financial partner every business owner should have. Wema Bank continues to improve the application, with plans to add artificial intelligence and multi-languages for the

Wema Bank Announces Top 3 Contestants in Sounds of ALAT Competition

Wema Bank, Nigeria's leading innovative bank, is excited to announce the top 3 contestants in its highly anticipated Sounds of ALAT competition. The competition, launched a few months ago, aimed to discover and support budding upcoming musicians across Nigeria, and give them a platform to showcase their talent to the world. After a rigorous selection process, the top 3 contestants; Onyealisigwe Bright, Fashoro Taiye, and Kareem Tomiwa were unanimously announced by the celebrity judges; Cobhams Asuquo, Omawumi, DJ Sose, and Alpha Ojini at a 4-day boot camp hosted at the bank’s Purple Academy. These talented top 3 individuals will now proceed to the final stage of the competition, where they will battle it out for the grand prize of N3 million for the Winner, N2 million for 1st runner up, and N1 million for the 2nd runner up. Speaking on the announcement of the top 3 contestants, Mabel Adeteye, Head of Brand & Marketing Communication at Wema Bank, said, "We are proud of the caliber of talent we have seen in the Sounds of ALAT competition. The level of skill and creativity displayed by the contestants is a testament to the incredible music talent that exists in Nigeria. Wema Bank is committed to supporting the growth and development of individuals and businesses across Nigeria, and Sounds of ALAT is just one of the many ways in which we are doing so." The final stage of the competition will take place on Saturday, 6th May 2023, and fans of the contestants and music lovers across Nigeria are encouraged to follow Wema Bank and ALAT social media handles to watch the final competition live. Sounds of ALAT received an overwhelming response, with over 500 entries from various parts of Nigeria. From this pool of entries, 10 participants were shortlisted for the next round, namely John Daramola, Demebide

Wema Bank Floats ALAT Alumni Community – Naijanewsdirect

Wema Bank

Wema Bank, one of Nigeria's leading financial institutions, has announced the launch of the ALAT Alumni community, virtual community exclusively designed for former employees of the bank. The announcement was made during a virtual launch session on May 1st, which had over 350 former employees in attendance. The platform provides former employees with a platform to connect, network, and grow both personally and professionally. Members of the community will have access to a range of resources and benefits, including access to a robust networking platform, educational content, mentorship opportunities, and exclusive discounts on products and services from the bank's partners. According to Moruf Oseni, the MD/CEO of Wema Bank, the launch of the ALAT Alumni community is a way to support and engage with former employees, providing a space where alumni can connect, share their experiences, and continue to learn and grow beyond their time at the bank. He further expressed excitement at the prospect of bringing alumni together for the virtual launch and hopes that the community will continue to grow and provide valuable opportunities and resources for its members. Membership to the ALAT Alumni community is free and open to all former employees of the bank. The bank believes that the platform will help strengthen the bond between the bank and its former employees, and foster a sense of community among them.

Wema Bank Collaborates With Karis, Eleos Hope Foundation To Commemorate World Malaria Day 2023

Wema Bank

The World Health Organization reports that the highest incidents of malaria outbreaks and deaths are recorded in Africa with over 234 million cases and more than 593,000 deaths in 2021 alone. The report further states that nearly 80% of malaria deaths in the African Region in 2021 were among children under the age of 5. This has led to a heightened awareness and advocacy for malaria prevention, treatment, and care across the continent.  In line with one of their core Corporate Social Investment pillars – Health, Wema Bank, a leading financial institution in Nigeria, partnered with Karis and Eleos Hope Foundation for the World Malaria Day 2023 commemoration. The event took place on Tuesday, 25th April 2023, at Idi Araba Community, Oworoshoki with over 500 beneficiaries within the community impacted. The residents were enlightened on the importance of good personal and environmental hygiene for malaria prevention as well as appropriate treatment measures. The Bank donated free insecticide-treated mosquito nets to the community with provision of free medical check-up facilities and waste disposal bags by Karis & Eleos Hope Foundation and LAWMA respectively. The residents were also engaged in a financial literacy session by representatives of the Bank for their economic empowerment, development, and growth. Speaking about the event, Abimbola Agbejule, Head, Corporate Sustainability and Responsibility, Wema Bank reiterated the Bank's commitment to provide meaningful solutions for societal impact through community-centered initiatives amongst others. In her words, "We are delighted to partner with Karis and Eleos Hope Foundation to celebrate World Malaria Day 2023. It is an opportunity for us to create awareness about the importance of malaria prevention with the aim of reducing malaria cases and deaths in our communities. As a Bank, we are committed to promoting initiatives that enhance the well-being of Nigerians." The event was a great success; the Baale

Wema Bank Celebrates 78th Anniversary, ALAT At Six – Naijanewsdirect

Wema Bank

Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa's first fully digital bank, is set to commemorate its 78th and 6th anniversary with a bang. The week-long celebration, which commences on May 1st, 2023, promises an array of exhilarating activities and competitions open to its employees, clients, and the public.   Kicking off the anniversary week is the virtual launch of ALAT Alumni, a platform for former Knights to rekindle relationships and foster a sense of community that the bank can leverage. In addition, the bank will release a cascade of ALAT balloons into the sky, and participants can take snapshots of the balloons and share them on social media with hashtags like #ALATAt6, #WemaAt78, and #SpotALATInTheAir to stand a chance of winning fantastic prizes.   The highlight of the celebration is the "Sounds of ALAT" competition, which seeks to uncover talented musicians in the entertainment industry and provide them with a platform to showcase their creativity. The victorious entry will become ALAT's official theme song, and the winners will receive cash rewards of up to five million Naira.   Furthermore, the bank is organizing a balloon hunt for its customers, challenging them to locate balloons spelling out "Wema" and "ALAT" in different locations and post photos on social media using a specific hashtag to stand a chance of winning more prizes.   The festivities will also encompass the launch of the upgraded ALAT for business, the digital bank application for  A fully revamped ALAT for Business platform to revolutionize the way business owners manage their business transactions.   Mabel Adeteye, Head of Brand and Marketing Communication Department, expressed her delight about the upcoming anniversary and its events. She added that the bank would dedicate the week to digital services, giving customers the opportunity to experience the convenience of ALAT's digital banking solutions.     "We're thrilled to

Wema Bank Gets Certificate of Compliance – Naijanewsdirect

Wema Bank has been honoured with the Certificate of Compliance [CoC], with the payment card industry, Dara Security Standard. The certificate was issued to the bank on Wednesday at the Wema Bank Towers in Lagos state, Nigeria. The certificate was received by the Executive Director, Lagos Business, Wema Bank, Wole Ajimisinmi, Deputy Managing Director, Wole Akinleye and CVO, Digital Encode, Dr Obadare Peter Adewale.