Wema’s 80-for-80 million Naira winners and the MD/CEO, Moruf Oseni, during the bank’s 80th Anniversary gala Night.Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, celebrated its 80th anniversary in grand style with a spectacular gala event, themed ‘A Night of Timeless Elegance.’ The event held at the prestigious Eko Convention Center on May 2nd, 2025. In a powerful gesture of gratitude and celebration, the bank rewarded 88 loyal customers with over ₦14 million in cash prizes at the event.Eight customers each received ₦1 million, while 80 other lucky winners went home…
Author: Oluwatoyin Mathnuel
By Oluwatoyin Mathnuel His Royal Majesty, Oba Sulaimon Ashade, the Oniba Ekun of Iba Kingdom, is widely recognized as one of the most revered Yoruba monarchs among the Awori people. Residing in the Ojo Local Government Area of Lagos State, Kabiesi is known far and wide for his philanthropic spirit, which transcends geographical, ethnic, and religious boundaries. As part of his birthday celebrations for the year 2025, Barrister Emmanuel Sunday Kapo, Chairman of the Oniba Royal Committee, extolled the monarch’s charitable works. Speaking to the media, he highlighted Oba Ashade’s consistent acts of benevolence, including the donation of wheelchairs to…
Respected City Lawyer and Principal Partner at Robert Clarke SAN & Ade Oshodi Partners, Shakeer Adedayo Oshodi, Esq., was, on Friday, May 2, conferred with the SDNON Excellence in Legal Innovation Award in recognition of his transformative contributions to judicial practice in Nigeria, in a solemn gathering brimming with reverence for legal excellence and civic dedication. The Society of Digital Newspaper Owners of Nigeria (SDNON), led by its President Adeniyi Ifetayo, presented the award, drawing inspiration from John F. Kennedy’s immortal words: “Ask not what your country can do for you, but what you can do for your country.” Ifetayo…
Cascador, Nigeria’s premier accelerator for mid-stage entrepreneurs, has announced a landmark partnership with Sterling Bank to launch a bold new debt funding model to unlock growth for Africa’s most promising ventures. Backed by a $2 million Catalytic Fund, the partnership introduces flexible, founder-friendly financing for Cascador alumni; pairing low-interest debt with business mentorship, tailored repayment terms, and dramatically reduced collateral requirements. “This is a breakthrough moment for Cascador and for the entrepreneurs we serve,” said Dave DeLucia, Founder of Cascador. “Through our partnership withSterling Bank, we’re deploying capital in a way that’s truly catalytic -pairing mentorship and education with access…
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa first fully digital bank, ALAT, has officially marked its 80th anniversary on May 2nd, 2025, receiving national commendation for its trailblazing legacy as Nigeria’s oldest and longest surviving indigenous bank. Established as Agbonmagbe Bank Limited in 1945, Wema Bank paved the way for indigenous banking to thrive in Nigeria, challenging colonial monopoly of the banking industry to become a provider of financial services tailored to the needs of indigenous Nigerians and businesses. 8 decades later, Wema Bank has not only metamorphosed into a leader in banking and innovation, but also…
By Naomi Onome It is bewildering that the Anti-Cultism Unit of the Nigeria Police in Calabar has taken to the habit of extorting young boys on the street during the day and night of monies meant for their upkeep in the name of duty. A mandatory reporter condemned the attitude of anti-cultism operatives at the satellite town office in calabar for always harassing young boys who are Gen Z by arresting them en masse and extorting them of cash between 50,000 and 200,000 before releasing them and making them a target for another day to harass and extort. The list…
The Natural Father of the Oduduwa Race Worldwide and the Ooni of Ife, Arole Oduduwa Olofin Adimula, Ooni Adeyeye Enitan Ogunwusi,CFR, Ojaja II, yesterday wrapped up his 3 day working visit to Balyesa state where he held meetings with relevant stakeholders including former president of Nigeria, Dr Goodluck Ebele Jonathan, Governor of Balyesa state, Senator Duoye Diri, and Chairman of the state Council of Traditional Rulers and members of his council who expressed excitements to host their national Ooni Ogunwusi who doubles as the Permanent Chairman of the Southern Nigeria Traditional Rulers Council(SNTRC) and Co-Chair, Notional Council of Traditional Rulers…
For dastardly killing a 22 year old lady , Oluwabamise Ayanlowo who boarded his BRT Bus , Andrew Nice Ominikoron, has been sentenced to death by hanging by a Lagos State High Court. Justice Serifat Sonaike in her judgement delivered on May 2,2025 said the Lagos State Government, through its prosecutors proved beyond reasonable doubt that the defendant committed the offence February 26,2022 on the Ajah – Lekki Expressway. Andrew had been arrested in the course of investigation after Oluwabamise’s gruesome murder and was subsequently arraigned on four counts charge of rape, conspiracy with others at large and the murder…
Leading commercial bank and Africa’s most agile company, Sterling Bankhas announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low. Launched on Workers’ Day 2025, the initiative is part of an ongoing movement to remove structural barriers to financial freedom and empower everyday Nigerians to move boldly, even in uncertain times. AlwaysOn is a specialised, invitation-only feature for customers who maintain an activeOneBank account for a while. It provides an advance to settle bills or…
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially marked the incredible milestone of its 80th anniversary on Friday, May 2nd, 2025. Celebrated as Nigeria’s oldest indigenous bank, Wema Bank was founded on May 2nd, 1945, as Agbonmagbe Bank Limited; an institution that has now evolved from a single-branch operation aimed at empowering indigenous Nigerians into a formidable force that continues to blaze the trail in Nigeria’s banking and financial industry. From bridging gaps in access to finance for underserved Nigerians to empowering businesses with insightful financial solutions and support, providing a platform for…