The Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) Charles Odii, has said the agency created 90,160 new jobs in the first quarter of (Q1) 2025, driven by targeted empowerment programs and strategic collaborations. In a statement signed by the management, the Q1 performance report of the agency has supported more than 116,000…
Nigeria’s power sector, electronic commerce and real estate have emerged lowest in customer service index released by the Nigeria Customer Service Index (NCSI) yesterday in Lagos. Entitled: State of Customer Service in Nigeria Report for 2024, the report showed that the e-commerce sector with big players such as Konga, Jumia took a hit declining from…
Wema Bank Plc has approved plans to raise additional N200 billion in combination of Rights & Special Placement to complete Central Bank of Nigeria (CBN) recapitalization requirement. The bank which pioneered Africas first fully digital bank, ALAT, said it will be completing its capital raise through a combination of a Rights issue and Special placement…
Wema Bank and the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) have joined forces to host the Naija Brand Chick (NBC) trade fair, aimed at empowering micro, small, and medium enterprises (MSMEs), particularly women-led businesses. Scheduled for August at The Intercontinental, London, the NBC trade fair seeks to provide MSMEs with opportunities for…
Wema Bank has denied claims that it is distressed just as Union Bank of Nigeria says it is not shutting down operations on Friday (today). In a statement, Wema Bank said that there was no truth to the claims made in some sections of the media (Not The PUNCH). “Rather than bow to pressure from…
Wema Bank, in partnership with the Federal Government, has commenced virtual training in the FGN/ALAT Digital Skillnovation Programme for small and medium enterprises. A statement said the programme launched in September 2023, had witnessed hundreds of thousands of business owners, aspiring business owners, working-class professionals and jobseekers expressing keen interest in developing their digital skills,…
Sara by Wema, has collaborated with Assembly Hub on its business accelerator programme titled, “The Creative Class,” aimed at upskilling and empowering budding entrepreneurs in Africa’s vibrant fashion industry. A statement from Wema Bank said the intensive 4-week accelerator programme was designed to provide crucial business support, mentorship, and peer learning opportunities for both emerging…
Wema Bank and payment platform, enza group, have partnered to provide secure and reliable payment options at a reduced cost for businesses. In a statement announcing its strategic partnership with Wema Bank, the payment platform said the collaboration would leverage its payment solution to expand Wema’s e-commerce payment capabilities. This, it added, would improve the…
