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Wema Bank Reaffirms Commitment to Women, Girl-Child Empowerment

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Nigeria’s leading innovative bank, Wema Bank Plc, recently partnered with SheCan Nigeria to reaffirm its commitment to improving the lots of women and the girl-child by helping them attain financial stability, independence and set goals through prudent management of resources.

The Bank gave the commitment on Friday at the SheCan Nigeria 3.0 hybrid conference themed ‘SheCanDoMore’ held at the MUSON Centre, Onikan, Lagos and virtually. Mrs Abimbola Agbejule, Head, Corporate Sustainability & Responsibility, Wema Bank, enlightened women on the basic rules of finance and reiterated the importance of achieving financial independence.

Agbejule said women need to always have a budget, keep records of spending, invest wisely, pay themselves monthly, create an emergency fund, and practice delayed gratification.    “Take ownership of your personal finance, set smart financial goals, learn new skills regularly, be intentional about your spending, avoid cultural limitations and keep positive financial role models”, she advised.

Abimbola further encouraged women to take care of their health, have a retirement plan, and teach their children about financial literacy from an early age. She highlighted some benefits of the bank’s SARA by Wema community for women including the gender-based loan offerings and the health scheme in achieving all these.

She hailed the SheCan conference for bringing together successful women and coaches from different fields to ensure they fully equipped women with the knowledge and skills to take on the world.

“Partnering with SheCan Nigeria is our way of showing unwavering commitment to supporting and empowering women with the right skills, financial knowledge, grants, and networking avenues to achieve their goals,” Agbejule added.  The creator of ALAT, Nigeria’s first digital bank, has a positive track record in empowering women and promoting gender inclusion.

Founded by Ezinne Ezeani in 2018, SheCan Nigeria is a movement for women to realize their potentials and develop their capabilities in achieving success through collaboration and empowerment.

It also seeks to empower adolescent girls and women through strategic training, education support, mentoring, counselling, vocational skill acquisition, and community empowerment initiatives while grooming them to become change agents in their communities and industries.

 The hybrid conference had key experts speak on their life experiences, career growth, job transitioning, and tackling challenges in business. It also availed participants of scholarships, networking avenues, and grant opportunities.

Speakers at the event were the Lagos State Commissioner for Women Affairs, Cecilia Dada; broadcast journalist, Sandra Ezekwesili; CEO, Ikeja Electric Plc, Folake Soetan; creative photographer, Kelechi Amadi -Obi and the Founder, Pinnacle Health Radio, Dr Maymunah Kadiri.

Others were life coach, Lanre Olushola; the first female Managing Director of Shell Nigeria Exploration Company, Elohor Aiboni; Head Corporate Sustainability & Responsibility, ALAT by Wema, Abimbola Abgejule, and Rev. Funke Felix Adejumo.

Wema Bank also supported the conference with mentorship services, free books, and other gifts for participants.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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EFCC Chairman, Bawa Slumps in Abuja

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The Chairman of Economic and Financial Crimes Commission, Abdulrasheed Bawa, broke down while presenting his brief address and was rushed out of the banquet hall at the presidential villa on Thursday.

Bawa was offering his goodwill message at the National Identity Day celebration when he suddenly stopped speaking and asked to be excused.

“Please, excuse me, I can’t continue,” he said then walked off the stage before slumping on his chair and was eventually taken out.

Earlier, he mentioned that the EFCC was grieving the loss of a colleague.

He broke down while talking about a man the commission arrested in Ibadan, Oyo State, with 116 SIM cards.

The Minister of Communications and Digital Economy, Dr Isa Pantami, and other senior officials at the event accompanied the EFCC boss as he was taken out of the hall.

The Master of Ceremonies later announced that Bawa’s condition was stable.

“I am happy to announce to you that the EFCC Chairman is now stable,” he said.

The minister, during his speech, also said that Bawa was stable but should be put in prayers.

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Osinbajo to Represent Nigeria at ECOWAS Meeting in Accra Concerning Situation in Guinea

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President Muhammadu Buhari would be represented by his deputy, Vice President Yemi Osinbajo, SAN, at the 2nd Extraordinary Summit of the ECOWAS Authority of Heads of State and Government on the political situation in the Republic of Guinea today.

Prof. Osinbajo had participated last week at the previous ECOWAS Extraordinary Summit on the political situation in Guinea and Mali. That meeting was held virtually on the 8th of September.

The Authority decided then that Guinea be immediately suspended from all ECOWAS governing bodies and statutory meetings. ECOWAS leaders had also called for the immediate and unconditional release of President Alpha Conde and other arrested persons; demanded the immediate return of Guinea to constitutional order; and decided to immediately dispatch a high-level ECOWAS mission to Guinea to assess the situation.

The physical meeting taking place today will review the situation in Guinea in light of the report of the ECOWAS high-level mission to Conakry.

The Vice President, who leaves Abuja this morning, would be accompanied by the Foreign Affairs Minister of State, Ambassador Zubairu Dada, and is expected back in Abuja later today.

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Senate Passes Bills To Establish Two Federal Universities in Ekiti, Nasarawa states

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The Senate on Tuesday passed two bills seeking to establish two federal universities in Ekiti and Nasarawa States.

The bills are the Federal University of Health and Medical Sciences Iyin, Ekiti State (Establishment) Bill, 2021, and Federal University Lafia Teaching Hospital (Establishment) Bill, 2021.

Both bills are sponsored by Senators Opeyemi Bamidele (APC, Ekiti Central), and Tanko Al-Makura (APC, Nasarawa South).

The passage of both bills followed the presentation and consideration of two separate reports by the Committee on Health (Secondary and Tertiary).

Chairman of the Committee, Senator Yahaya Oloriegbe (APC, Kwara Central), in his presentation, said the bill to establish the Federal University of Lafia Teaching Hospital was “necessitated as a result of the precarious health conditions faced by the resident.”

According to him, the bill to establish the Federal University of Health and Medical Sciences Iyin, Ekiti State, seeks to promote and emphasize teaching, research and extension of knowledge in the field of medicine and environmental sciences.

In a related development, the Senate on Wednesday passed a third bill to amend the University Teaching Hospitals (Reconstitution of Boards) Act.

The bill’s passage by the upper chamber followed consideration of a report by the Committee on Health (Secondary and Tertiary).

Senator Oloriegbe in his presentation explained that the amendment bill seeks to amend the First Schedule to the Principal Act to include the University Teaching Hospital, Lafia and Modibbo Adama University Teaching Hospital.

In a related development, a bill seeking to establish the Federal College of Education, Kaiama, Kwara State, scaled second reading during plenary.

The bill was sponsored by Senator Sadiq Suleiman Umar (APC, Kwara North).

The Senate President, Ahmad Lawan, after the bill was considered, referred it to the Committee on Tertiary Institutions and TETFUND.

The Committee which is chaired by Senator Ahmad Baba Kaita was given four weeks to report back to the upper chamber.

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