Business

Ecobank Nigeria Gets Applause For Supporting Young Entrepreneurs

Published

5 years ago

December 4, 2019

Ecobank Nigeria has been commended for supporting budding entrepreneurs and small and medium enterprises (SMEs) in the country. This came at the backdrop of the support provided by the bank to young entrepreneurs who were selected as beneficiaries of the ‘Unusual Entrepreneurs” program, an initiative of the Catholic Church of Divine Mercy, Lekki Lagos.

Speaking at the presentation of cheques to the 251 young entrepreneurs, the Parish Priest, Catholic Church of Divine Mercy, Lekki, Monsignor, Pascal Nweazeapu, said this action by Ecobank shows a clear alignment to the vison of supporting employment amongst the teeming youth population in the country. He noted that the scheme was initiated also to empower those who show demonstrable interest in business so that they can bring these ideas to fruition. The beneficiaries were given seed funding ranging from N50,000 to N1million to start their businesses during the church’s ‘Unusual Night of Praise” in Lagos,

Also speaking, Chairman of Unusual Entrepreneurs Committee and President of Transcorp Hotel, Mr. Valentine Ozigbo, said the ‘Unusual Entrepreneurs’ program was to empower the participants to grow their businesses, improve their economic status and fend for themselves and their families and also contribute meaningfully to nation’s economy.

Ozigbo added: “The essence is to be able to empower men and women economically as they are also filled spiritually. We believe that with this combination, they would have more reason to believe and trust in God. “But beyond that, they are able to fend for themselves, and those around them. We want them to run successful businesses, hence we matched them with mentors; people who have been so well established in what they do. So basically, they handhold them, watch them all through the journey, and we have seen a lot of testimonies already. We are highly delighted that Ecobank is partnering with us in this laudable initiative.’’

In his comment the Managing Director, Ecobank Nigeria, Patrick Akinwuntan pledged the bank’s continuous support to budding entrepreneurs to enable them grow and nurture their businesses to support the rapid development of the nation’s economy. The managing director said the decision to partner with Unusual Entrepreneurs was part of a deliberate policy of the Bank to assist upcoming businesses to grow, stressing that the main objective of the pan African bank is to contribute to the economic development and financial integration of the continent.

Speaking in the same light, Executive Director, Commercial Banking, Ecobank Nigeria, Carol Oyedeji said the bank will avail the young entrepreneurs its cutting-edge technology, digital payment solutions, funding opportunities and lifestyle products to enable them achieve stability and profitability.

According to her, “To the beneficiaries of this year’s empowerment scheme, you have our full support. We pray that God gives you the grace to employ the capital, the learning, the mentoring and the networking to expand your business. We look forward to seeing your business become big enterprise in the nearest future.”

The “Unusual entrepreneurs” an initiative of the Catholic Church of Divine Mercy, Lekki , is aimed at providing funding, business training and mentorship for young entrepreneurs in Nigeria.

Ecobank Nigeria parades cutting-edge technology products, digital payment solutions and lifestyle products such as EcobankPay collections, Ecobank Online, OmniLite, *326#, Ecobank Supersavers and Xpresspoint. It is a subsidiary of the Ecobank Group, the leading independent pan-African banking group. The Ecobank Group employs over 15,000 people and serves about 20 million customers in the consumer, commercial and corporate banking sectors across 33 African countries. The Group has a banking licence in France and representative offices in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; London, the UK and Dubai, the United Arab Emirates. The Group offers a full suite of banking products, services and solutions including bank and deposit accounts, loans, cash management, advisory, trade, securities, wealth and asset management. ETI is listed on the Nigerian Stock Exchanges in Lagos, the Ghana Stock Exchange in Accra, and the Bourse Régionale des Valeurs Mobilières in Abidjan.

Business

A Home for Heritage: ILÉ IYÁN Opens Headquarters to Celebrate Nigerian Roots

Published

12 hours ago

May 14, 2025

Sahara Weekly

A Home for Heritage: ILÉ IYÁN Opens Headquarters to Celebrate Nigerian Roots

ILÉ IYÁN, a proudly Nigerian culinary brand, has officially unveiled its state of the art headquarters with a 200 guest capacity facility. The grand opening ceremony not only marked a milestone in the company’s growth but also paid tribute to Nigeria’s rich cultural heritage, drawing attention to the role of indigenous cuisine and tradition in promoting tourism across Lagos State.

The historic launch of the ILÉ IYÁN Headquarters held on Sunday the 11th May, 2025, now officially recognized as a national monument, took place in grand style, marking a significant milestone in the celebration and preservation of Nigerian cultural heritage and a major boost to the tourism industry.

The atmosphere was electric as the official opening ceremony of Ile Iyan’s new edifice commenced with a symbolic ribbon-cutting by the proud parents of the CEO, Alhaji and Alhaja Sanni. The emotional moment was met with cheers and applause from attendees, marking a significant milestone in the brand’s journey.

In a heartfelt speech, the CEO’s mother Alhaja Sanni shared her immense joy and pride in her son’s achievements. “I never imagined this day would come so soon. He defied all odds and has made us proud,” she said, her voice filled with emotion.
Celebrating Nigeria’s cultural richness, the event featured vibrant performances by Yoruba, Igbo, and Hausa cultural troupes. Dressed in colourful traditional attire, the troupes dazzled the audience with electrifying dances that underscored the Ile Iyan brand’s commitment to promoting indigenous cuisine and cultural values.
The event was graced by notable dignitaries, including Lagos State Commissioner for Agriculture, Hon. Abisola Olusanya; Commissioner for Youth and Social Development, Hon. Mobolaji Ogunlende; Special Adviser to Governor Sanwo-Olu on Culture and Tourism, Mr. Idris Aregbe; SSA on New Media, Mr. Jubril Gawat; Hon. Remi Durojaiye; Engr. Bola Babarinde; Prince Olu Kosoko of Badagry, Guiness World Record Holder, Dr Fola David; Mr Chigozie Okwara, Vice President of Culinary Arts Practitioners of Nigeria,Chef Dee; Culinary expert and Hospitality Consultant, Chef Gibbs; CEO of Novarick Homes and Properties Limited Mr Noah Ibrahim; Barrister Lateef Oyefeso, Barrister Gbolahan Oluyemi, Alhaji Mohammed Luqman, Alhaji Mojeed Animashaun, Alhaji Qudus Animashaun, Mr Emmanuel Akinseloyin, Alhaja Onigbanjo, Captain Dare, Alhaji Luqman Obileye, Mr Fola Gbemisola(Fatgbems), Mr Taiwo Kafidipe, Mr Ihuoma Raymond, the iconic music executive and cultural ambassador, Otunba Dayo Adeneye (D1) of Kennis Music, alongside Dr. Agarawu, numerous captains of industry, and cultural enthusiasts.

ILÉ IYÁN, long revered for its authentic celebration of Yoruba gastronomy particularly the traditional preparation of pounded yam has now been elevated to a symbol of national pride, serving as a cultural hub that connects history, heritage, food, and tourism. With its headquarters now officially open, ILÉ IYÁN is positioned as a dynamic force in reviving indigenous food practices, promoting cultural tourism, and offering immersive experiences rooted in Nigerian traditions.
In her keynote address, Mrs. Bisola Olusanya praised the initiative, stating: “ILÉ IYÁN is not just a space for food, it is a celebration of our roots, our resilience, and our creativity as Nigerians. This headquarters will play a vital role in our agricultural value chain while preserving culinary heritage for future generations.”

Hon. Mobolaji Ogunlende emphasized the importance of youth engagement in cultural sustainability, while Hon. Idris Aregbe lauded ILÉ IYÁN as a “trailblazer in cultural entrepreneurship,” bridging the gap between tradition and innovation.

Mr. Sanni Afeez, General Manager of ILÉ IYÁN, Shares His Thoughts on the Launch

Speaking at the launch, the General Manager, Mr. Sanni Afeez, expressed his excitement and optimism about the future of the brand.

“This launch represents more than just a new building, it’s a bold step toward redefining the culinary and cultural experience in Nigeria,” he said. “ILÉ IYÁN is not just a restaurant; it’s a celebration of who we are as a people. From our locally inspired menu to the cultural performances that marked today’s opening, we are showcasing the beauty, depth, and unity of Nigerian heritage. This headquarters will serve as a hub for not only great food but also for cultural exchange and tourism growth in Lagos.”

Founder, CEO, and cultural curator of ILÉ IYÁN, Mr. Sanni Sheriff, shared a powerful message during the launch event, emphasizing the deeper vision behind the brand.

“This is not just a building; it is a movement,” he declared. “A space where the stories of our people, our food, and our shared heritage are honored and preserved.”

Mr Sanni Sheriff, known for his passion for cultural preservation and storytelling through cuisine, reiterated his commitment to creating a space that celebrates Nigeria’s diverse identity, promotes local tourism, and empowers future generations to take pride in their roots.

With this launch, ILÉ IYÁN cements its place as a cornerstone of Nigeria’s cultural renaissance and a must-visit destination for locals and tourists alike.

EKAABO SI ILÉ IYÁN
EYIN OLOLUFE WA
For ILÉ IYÁN dining experience and food delivery kindly visit or contact any of our locations

ILÉ IYÁN HEADQUARTERS

4A WOLE OLATEJU CRESCENT OFF ADMIRALTY WAY LEKKI PHASE 1
(OPPOSITE KINGFISHER/MARCOPOLO RESTAURANT)

ILÉ IYÁN ANNEX
PLOT 6 DR. MUIZ BANIRE STREET OFF BISOLA DUROSINMI ETTI DRIVE LEKKI PHASE 1
ONLINE FOOD DELIVERY KINDLY CONTACT: 09024475402
FOR RESERVATIONS KINDLY CONTACT 09075603234 or simply send an
Email: ileiyan234@gmail.com
Our social media channels are
Instagram: @ileiyan_ng
Facebook : ILÉ IYÁN NG
Twitter: @ileiyan_ng

Business

Folake Ani-Mumuney: A Visionary Leader and Inspiration to Many Celebrates Her Birthday In Grand Style … A Testament to Unwavering Excellence

Published

19 hours ago

May 14, 2025

Sahara Weekly

Folake Ani-Mumuney: A Visionary Leader and Inspiration to Many Celebrates Her Birthday In Grand Style
… A Testament to Unwavering Excellence

~By Oluwaseun Fabiyi

Folake Ani-Mumuney, you never know, she served as the Head of Marketing, Corporate and Communications at First Bank of Nigeria and remained central to the Bank’s brand for decades.It’s not surprising that a significant number of Nigerians were unaware of her value in brand, marketing, and corporate communications, since she is an outstanding trailblazer and media guru.

Describing her as a brand in her own right would be a significant understatement, as she personifies prudence and consonance in supporting individuals’ aspirations, particularly during her time at First Bank of Nigeria, where she consistently delivered exceptional results, adding positive value to all media partnerships without blemish, and her legacy remains exceptional and unblemished to this day.

It is a pleasure to celebrate Mrs Folake Ani-Mumuney’s special birthday with her family.Ma, as we commemorate this momentous occasion, we acknowledge the profound influence your life has had on those around you. May you be grateful for the love, support, and blessings you’ve received, and may you continue to be a source of inspiration and joy to all who know you..

It is a pleasure to join your family, friends and well-wishers in celebrating this momentous occasion, and I wish you a birthday filled with affection, merriment and every delight.

On this special day, as you celebrate another year of life, may the Almighty continue to shower His blessings upon your new age, granting you increased success, grace, favor, mercies, and enduring blessings, and from this day forward, all reports and testimonies concerning you and your household shall be extraordinarily positive.

Your exceptional attributes have secured a prestigious position for you among your peers in the realm of Brand and Marketing Communications, and I encourage you to uphold this exemplary standard, ma’am. I wholeheartedly pray that God will continue to bestow His blessings upon you and be gracious and kind to you now and forever. I wish you many happy returns, ma’am. Igba odun, odun kan ni o.

Oluwaseun Fabiyi a seasoned journalist based in Lagos

Business

Dangote Growing SMEs In Nigeria-Fatima Wali-Abdurrahman

Published

1 day ago

May 13, 2025

Sahara Weekly

Dangote Growing SMEs In Nigeria-Fatima Wali-Abdurrahman

Dangote Industries Limited is partnering critical stakeholders in the economy to grow Micro, Small, and Medium Enterprises (MSMEs) across Nigeria, Senior Adviser to the President of Dangote Group, Fatima Wali-Abdurrahman, has said.

Speaking at the Dangote Special Day at the ongoing 2025 Nasarawa Trade Fair Exhibition in Lafia, she said the participation of the company and partnership with the Nigeria Association of Small-Scale Industrialists (NASSI), Nasarawa State Chapter, will help create awareness and scale up small businesses.

The Senior Adviser, who was represented by Hon. Dr. Shuaibu Abdullahi, the company’s National Assembly Liaison Lead, said Dangote Group will continue to partner government and private sectors to develop small businesses.

She said: “I am pleased to inform you that in alignment with theme of this year’s Trade Fair, the Aliko Dangote Foundation and the Bank of Industry (BoI) had entered a Memorandum of Understanding (MoU) and established a N5 billion fund dedicated to supporting micro, small, and medium enterprises (MSMEs) across Nigeria.

“This initiative aimed to create at least one million direct jobs by providing financial support to entrepreneurs engaged in manufacturing, agro-processing, and the merchandising of goods made wholly in Nigeria.”

She added that the MoU, which benefitted micro-enterprises included: cassava processors, aluminum artisans, poultry farmers, calabash carving groups, small traders, cattle rearing groups, vegetable sellers, market women and artisan groups, among others.

She said as part for its support for Small and Medium Scale Enterprises (MSMEs) in Nigeria, the company had supported Jakura Marble Industry Ltd (JMIL) in electrification.

She added that in line with the company’s commitment to supporting small businesses, agriculture, and job creation in Nigeria, Dangote Fertiliser Limited had initiated a comprehensive training programme targeting over one million farmers across the country.

“This programme, integral to our agricultural extension services, encompasses Spot Demonstrations, Result Demonstrations, Field Demonstrations, and Soil Sample Collections.

“The training is designed to educate farmers on best practices in fertiliser application, aiming to enhance crop yields and promote sustainable farming techniques. By providing hands-on demonstrations and soil analysis, we strive to empower farmers with the knowledge and tools necessary to improve their productivity and livelihoods.

“This programme shows our dedication to fostering agricultural development and economic growth in Nigeria.”

According to her, the company’s supports for “Fostering Economic Development Through Mineral and Agricultural Cottage Industrialization” are numerous.

“May I also inform this esteemed audience that our sponsorship of numerous Trade Fairs—including this one organized by the Nigerian Association of Small-Scale Industrialists (NASSI)—is a key component of our commitment to fostering the growth of trade and small businesses across Nigeria.

“By supporting this Trade Fair, we aim to provide micro, small, and medium enterprises (MSMEs) with platforms to showcase their products, network with potential partners, and access new markets, thereby contributing to the nation’s economic development.

“As a company, we are therefore joining NASSI and NACCIMA to call on the public and private sector stakeholders to prioritize MSMES in Nigeria. This is key to our industrialization effort in Nigeria.”

According to her, some of the Strategic Business Units that are participating from the Dangote Group are: Dangote Fertilser Limited (DFL), Dangote Peugeot Automobiles Nigeria Limited (DPAN), Dangote SinoTruck, Dangote Sugar Refinery (DSR), Dangote Salt (NASCON) and Dangote Cement Plc.