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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.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Travel

Paystack and Africa World Airlines Team Up to Enhance Passenger Experience

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Paystack, a leading financial technology company specializing in payment processing services, has announced a strategic partnership with Africa World Airlines (AWA), a prominent regional carrier operating in West Africa.

This collaboration unveiled through a joint statement by Jonathan Appiah, the Head of Commercial at Africa World Airlines, and Shola Akinlade, the Co-founder and CEO of Paystack, heralds a new era of convenience and efficiency for air travelers within the region.

The partnership aims to streamline the flight booking and payment process, offering passengers an array of seamless payment options tailored to their preferences.

With the integration of Paystack’s advanced payment gateway, passengers flying with Africa World Airlines can now enjoy hassle-free transactions, enhancing the overall travel experience.

Jonathan Appiah expressed excitement about the partnership, emphasizing AWA’s commitment to providing its customers with exceptional service.

He highlighted that the collaboration with Paystack allows AWA passengers in Ghana, Nigeria, and beyond to benefit from diverse payment methods, including card, mobile money, Apple Pay, bank transfers, USSD, PayAttitude, and QR codes.

“We are thrilled to partner with Paystack to offer our passengers a more convenient and streamlined booking and payment experience,” said Appiah. “At AWA, we are constantly seeking ways to enhance the overall travel experience for our customers, and we believe that this partnership with Paystack will significantly contribute to achieving that goal.”

Shola Akinlade, echoing similar sentiments, expressed Paystack’s enthusiasm for the collaboration, highlighting the company’s dedication to making the booking process accessible and inclusive for travelers across the region.

“We are excited to partner with Africa World Airlines to provide passengers with a convenient and reliable payment experience,” stated Akinlade. “By offering a variety of payment options, we aim to make the booking process more accessible and inclusive for travelers across the region.”

The joint efforts of Paystack and Africa World Airlines signify a commitment to innovation and customer-centric solutions in the aviation industry. As air travel continues to evolve, partnerships like these pave the way for enhanced passenger experiences and greater convenience in the skies of Africa.

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Air Peace Flight Makes Emergency Landing Due to False Fire Warning

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Passengers aboard Air Peace Flight APK7193 experienced a tense moment as the aircraft made an emergency landing at Murtala Muhammed Airport in Lagos following a false fire warning in the cockpit.

The incident, which occurred on Thursday during the flight from Port Harcourt, highlighted the swift response and safety protocols implemented by the flight crew amidst the alarming situation.

With 243 passengers and 12 crew members on board, the flight’s pilots noticed a fire warning indicator in the cockpit, prompting immediate action.

Acting swiftly, the pilots executed all necessary safety measures and initiated an emergency landing procedure.

At 4:45 pm, the aircraft safely touched down on Runway 18L at the Lagos airport, averting a potential crisis.

Upon landing, fire fighting personnel stationed at the airport observed smoke emanating from the engines, prompting the pilots to shut down the engines as a precautionary measure.

However, it was later confirmed that the observed smoke was unrelated to any fire event, reassuring passengers and crew of their safety.

Air Peace promptly issued a statement addressing the incident, titled “Notification of false fire alarm on Port Harcourt-Lagos flight.”

The airline clarified that the fire warning indicator noticed in the cockpit was indeed a false alarm.

The statement emphasized the airline’s commitment to safety and reassured the flying public that all necessary precautions were taken to ensure the well-being of passengers and crew.

“We want to reassure the flying public that safety remains our utmost priority, and we are unwavering in our commitment to it,” the statement read.

Despite the momentary panic caused by the false fire warning, the swift and coordinated response of the flight crew, coupled with adherence to safety protocols, ensured a safe and uneventful landing for all passengers and crew members.

The incident serves as a testament to the importance of rigorous safety procedures and the critical role played by well-trained aviation professionals in ensuring passenger safety.

As investigations into the cause of the false fire warning are likely underway, Air Peace’s response underscores the airline’s dedication to transparency and accountability in addressing safety-related incidents.

Passengers and industry stakeholders alike can take solace in the airline’s commitment to maintaining the highest standards of safety and operational excellence.

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Saudi Arabia Breaks 70-Year Alcohol Ban, Opening Shop for Diplomats

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Alcohol

Saudi Arabia has announced the opening of an alcohol shop in Riyadh, breaking a 70-year-long prohibition on the sale of alcoholic beverages in the kingdom.

This decision marks a significant shift in the conservative nation’s stance on alcohol consumption.

The alcohol shop, set to be located in Riyadh’s Diplomatic Quarter, will exclusively serve non-Muslim expatriates, particularly diplomatic staff.

This is the first time since 1952 that alcohol will be legally available for purchase in the kingdom.

The initiative aims to provide a legal avenue for diplomats who have previously relied on importing alcohol in sealed diplomatic pouches.

The decision comes as part of the Saudi government’s efforts to address the issue of illicit alcohol trade within the country.

By offering a legal means to access alcohol, authorities hope to mitigate the risks associated with underground alcohol markets.

However, the shop’s operations will be subject to strict regulations. Only diplomatic staff with prior registration and government clearance will be allowed to purchase alcohol.

Also, patrons must be over 21 years old and adhere to a prescribed code of conduct while inside the shop.

The introduction of the alcohol shop is a part of broader societal reforms under Saudi Arabia’s Vision 2030 initiative, aimed at modernizing and diversifying the kingdom’s economy.

While the move represents a significant departure from traditional norms, it aligns with the government’s broader agenda of liberalizing certain aspects of Saudi society.

While the alcohol shop signifies a progressive step forward, it’s important to note that the sale and consumption of alcohol remain strictly prohibited for Saudi citizens under Islamic law.

Violators of these laws are subject to severe penalties, including fines, and imprisonment.

Overall, the opening of the alcohol shop marks a historic moment in Saudi Arabia’s social and economic landscape, signaling a willingness to adapt to changing global norms while navigating the complexities of religious and cultural traditions.

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