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FIGURES DON’T LIE: WEMA BANK STANDING ON STRONG FINANCIAL FUNDAMENTALS -Adebise

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FIGURES DON’T LIE: WEMA BANK STANDING ON STRONG FINANCIAL FUNDAMENTALS -Adebise

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Wema Bank, Nigeria’s leading innovative and digital-driven financial institution has reassurance its esteemed customers and shareholders that it remains standing on strong financial fundamentals and reliable performance metrics, riding on the back of seasoned and astute leadership.

 

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The bank gave this reassurance, through its Managing Director/Chief Executive Officer, Ademola Adebise, while reacting to a recent publication in the media purportedly alleging a dip in its liquidity status following the unaudited report for 2020 with the MD/CEO saying the report is only a deliberate campaign to create panic among its stakeholders using false news, and therefore should be discountenanced,

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He said, “The strength and viability of financial institutions are not measured on the isolated performance of one outlier year. The said report based a lot of its false allegations on the unaudited 2020 financial year. But that was a year when COVID-19 induced a lockdown and a disruption of such magnitude that negatively impacted businesses, industries and economies the world over.

 

 

 

 

“Wema Bank has continually exhibited not just resilience, but admirable viability over the years with a 30.95% increase in earnings recorded in just 2019. Then came 2020, and in spite of the difficulties, we succeeded in achieving impressive results in key areas such as net earnings from fees and commissions, while growing the Bank’s asset base significantly.

 

 

 

 

“That’s not all, customer credibility in the bank was also accentuated with a massive increase in customer deposits over the previous year. This is an audacious show of confidence from the customers of Wema Bank.

 

 

 

 

“These performance metrics amongst others, are testament to our smart balance sheet optimization approach which will be affirmed by the time the audited and official 2020 Financial Report is released in the coming weeks “

 

 

 

 

The CEO also referenced how well the Bank’s performance in the said 2020 makes it one of the best performing financial institutions in the land.

 

 

 

 

“We won the BusinessDay award for the Best SME Bank of the Year for 2020. A recognition of our unrivalled support for small and medium scale businesses through loans, business advisory, and ease of payments and transactions.

 

 

 

 

“Also, the recently published 2020 KPMG Customer Experience Survey, showed Wema Bank making significant growth in the retail category, climbing up ten (10) places from the previous year to 2nd position, with an above industry average of 74.6% Customer Experience score. This achievement is a mark of dedication to excellent customer service and refreshing support for all our customer categories.”

 

 

 

The KPMG Customer Experience Survey grades banks over six universal pillars of Personalization, Integrity, Expectations, Resolution, Time & Effort and Empathy, and Wema Bank has showed a mastery of these pillars and have been outstanding at all of them.

 

 

 

 

Furthermore, in line with the bank’s sustainability goal of developing digital solutions for societal impact, it successfully organized the second edition of Hackaholics, a radical gathering of developers, web designers and creative thinkers to develop solutions around key themes of Education, Health, Agriculture, Fintech, Gaming & Betting.

 

 

 

 

These are intentional measures put in place to sustain an institution’s legacy of economic evolution and social inclusion.

 

 

 

 

“We are a responsible corporate citizen with empathy as a core pillar of our personality. Thus, we stood by the nation in the trying times of the COVID-19 pandemic with significant support for governments at both the federal and state levels.

 

 

 

“Particularly to prevent severe food shortages and align with the SDG of Zero Hunger, we supported State Governments with food palliatives donation which alleviated the conditions of over 80,000 households of the most vulnerable segments of the population.”

 

 

 

With all these financial and non-financial performance metrics, it is not in doubt that Wema Bank is not only standing strong, it is also among the best performing financial institutions in Nigeria, in 2020.

 

 

 

“I’ll take this opportunity to commend our customers for their sustained trust in us. A support that has remained a critical pillar of our stability and growth over the years, especially as we celebrate our 76th anniversary.

 

 

 

For us as a responsible and visionary organization, we are staying committed to our corporate purpose of making life easier and better through innovation and digital-driven lifestyle solutions for Nigerians and their businesses.” hardworking Adebise concluded.

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PFN warns Lagos State chapter of CAN to steer clear internal affairs of the state’s chapter

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PFN warns Lagos State chapter of CAN to steer clear internal affairs of the state’s chapter

 

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By Ifeoma Ikem

 

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The Senior Pastor of A Torch From Heaven Ministry, Bishop Joe Ighalo has warned the Chairman of the Lagos State chapter of the Christian Association of Nigeria (CAN), Bishop Steven Adegbite to steer clear from the internal affairs of the state’s chapter of the Pentecostal Fellowship of Nigeria (PFN).

Ighalo said this during a press briefing titled: “State of Our State; Our Stand” in Lagos.

He said that the Adegbite-led Lagos chapter of CAN should not bring politics into the kingdom matters, especially when it has to do with the Lagos State chapter of PFN.

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According to him, there is no doubt that CAN is the umbrella body of the PFN, but they should be allowed to handle its internal affairs.

“Why would you want to destroy PFN and keep CAN going, this is against the mission of the founding fathers of the PFN,” he said.

Ighalo noted that the issue between CAN and PFN began when the national body of the PFN failed to ratify the election of Pastor Kehinde, the acclaimed winner of the February 5, 2024 PFN Chairmanship election.

The PFN national body did not ratify the election as it said that there were anomalies in the process.

However, the Lagos CAN Chairman, Bishop Adegbite, reportedly led a protest against the development, which prompted Bishop Ighalo to say that CAN does not have any constitutional right or power over PFN, and warned that they should not interfere with the affairs of the PFN.

Also speaking, the Senior Pastor of Agape Worship Center, Ojodu, Lagos, Dr. David Odi said that as far as he was concerned, Lagos State is one of the most organised states in Nigeria in terms of economy, leadership and ministry, adding that this must be respected.

Odi explained that those who are behind the issue are trying to create problems that doesn’t exist in PFN body since inception so that whoever is voted into office would owe them allegiance.

“There’s no fight or crisis in Lagos PFN. I don’t even know any other person who is interested in the position,” he added.

According to him, i believed that the current chairman of the Lagos State chapter of PFN has served his term and is on his way out, and that Pastor Kehinde is not dragging the position with anybody.

“I don’t know any other person that will take the position until proper election is conducted.

“I’m optimistic that if there’s any election tomorrow, next week or next month, Pastor Kehinde will still win because nobody is dragging it with him.

“Those people still occupying the seat have finished their terms,just for them to exchange mantle and congratulated Pastor Kehinde.

“People behind the crisis are those who have peculiar interest in filthy lucre that the Bible talked about. Some people are driven by hunger for money. They are doing this because of the 2027 general elections ,” he said.

He added that some people want to make Pastor Kehinde believe that they fought for him to get into the office.

Meanwhile, nobody is fighting to bring anybody in, if there’s election anytime we would still vote for him.

In his contributions, Dr. Bolaji Akinyemi, Convener of Apostolic Round Table, (ART)
said that nobody will destroyed or throw fire into his house to burn it down because of selfish interest.

Stressing that “PFN is our room” and “CAN is our building,” and the matter will soon be resolved amicably.

Stakeholders in PFN have set up a committee to resolve the matter between those that are involved as any house that is divided against itself do not stand .

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OSINACHI CHIBUZO ONYEOZIRI: FROM HEALING TO DATA BY CHINEDU NSOFOR

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OSINACHI CHIBUZO ONYEOZIRI: FROM HEALING TO DATA

BY
CHINEDU NSOFOR

 

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In the dynamic landscape of modern careers, few individuals traverse diverse paths with the same vigor and determination as Osinachi Chibuzo Onyeoziri. His journey unfolds like a tapestry woven with threads of healing and data, melding the worlds of medicine and technology into a seamless narrative of achievement and innovation.

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Osinachi’s odyssey began in the hallowed halls of the Escuela Latinoamericana de Medicina in Havana, Cuba, where he embarked on a quest for knowledge that would shape his future. From 2001 to 2007, he diligently pursued his Doctorate in Medicine (MD), honing his skills and nurturing a passion for healing that would define his early career.

After completing his medical education, Osinachi returned to his homeland, Nigeria, where he dedicated over three years of his life to serving as a Medical Officer at the 81 Division Hospital/Medical Services in Lagos. In this role, he delivered compassionate care to countless patients, whether in outpatient clinics, emergency rooms, or inpatient wards. His commitment to excellence extended beyond bedside manner, as he spearheaded initiatives to enhance clinical processes, ensuring optimal outcomes for those under his care.

However, Osinachi’s journey took an unexpected turn as he felt a calling towards the realm of data science. In 2022, he embarked on a new educational endeavor, enrolling in the Masters in Data Science Management program at the Rome Business School in Lagos, Nigeria. Here, he delved into the intricacies of data analysis, mastering the tools and techniques necessary to extract insights from vast troves of information.

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Armed with his newfound expertise, Osinachi emerged as a multifaceted professional, seamlessly blending his medical background with his data-driven acumen. His skill set transcended traditional boundaries, encompassing program and project management, process improvement, business development, and leadership.

One of Osinachi’s defining attributes is his unwavering commitment to continuous learning and development. Throughout his career, he has embraced opportunities to expand his horizons, acquiring proficiency in technical tools such as SQL, Tableau, and Python, while also refining soft skills like critical thinking, problem-solving, and effective communication.

Moreover, Osinachi’s bilingual proficiency in English and Spanish has enabled him to navigate diverse cultural landscapes with ease, fostering connections and collaborations across borders.

In reflecting on his journey, Osinachi remains humble, acknowledging the mentors, colleagues, and patients who have shaped his path. He sees his transition from medicine to data science not as a departure from his roots but as a natural evolution, driven by a desire to effect positive change on a broader scale.

As he stands at the intersection of healing and data, Osinachi Chibuzo Onyeoziri embodies the spirit of innovation and resilience, inspiring others to embrace the limitless possibilities that lie at the nexus of tradition and technology

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Wavy The Creator unveils empowering anthem “Star” collaborate with Victoria’s secret

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Wavy The Creator unveils empowering anthem "Star" collaborate with Victoria's secret.

Wavy The Creator unveils empowering anthem “Star” collaborate with Victoria’s secret.

 

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A Nigerian-born US-based raising artist, Jennifer Ijeoma (Wavy the Creator), has announced the release of a new empowering anthem “Star” to celebrate resilience of womanhood across the globe.

 

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Wavy The Creator, while making a disclosure in an electronic statement, said the anticipated single ‘STAR’ anthem in Collaboration with Victoria’s secret will be released on March 27th, 2024.

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Speaking about the inspiration for “STAR,” she explained that it is a song that describes a woman as a strong, beautiful, and confident woman. The song represents every woman who was part of the world tour experience and every woman in the world.

 

Wavy The Creator unveils empowering anthem "Star" collaborate with Victoria's secret.

 

 

“The music serves as an empowerment anthem for self-belief and resilience, affirming that every woman is a celestial force in her own right.”

STAR, the song was collaborated with Victoria’s secret debuting as part of the prestigious Victoria’s Secret Tour ’23 and produced by Higo Blend’s afro melodies, a funk baseline, and post-disco percussion.

Wavy The Creator is a professional recording artist, photographer, fashion designer, and filmmaker based in Houston, Texas. She worked as the official photographer for Nigerian hip-hop artist Olumide in 2017.

Recently, she released her debut EP, P.S. Thanks you for waiting, and with her genre-defying sound and captivating vocals, features artists worldwide like CKay, Wurld, Efya, Tay Lwar, and others.
Edited by: Fashina Shakiru

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