Wema Bank unveils activities for International Women’s Day 2025

Wema Bank has announced plans to commemorate the International Women’s Day (IWD) 2025, further solidifying its position as a gender equality and inclusion-driven bank.

As part of its activities, Wema Bank will host the IWD 2025 Event on Tuesday, March 11, 2025, in Lagos, Nigeria. 

The event with the theme: “Harnessing innovation & technology to accelerate financial inclusion for women,” will bring together influential women from various industries to discuss the importance of leveraging innovation and technology to promote financial inclusion for women.

The event will also feature the Big Sister Project of the Wema Women Network, which recognizes beneficiaries of the bank’s women-focused mentorship program. Additionally, the HeForShe Awards will be presented to male employees who have made significant contributions to women empowerment in the workspace.

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Throughout the month of March, Wema Bank has curated various activities to celebrate and reward women across Nigeria. These include the Wema Bank 5 for 5 Promo Season 4 women’s month draw, where 131 women will receive N11,000,000 in cash rewards, and the Wema Women Network (WWN) outreach initiative for young female students.

Commenting on the bank’s commitment to women empowerment, MD/CEO Moruf Oseni (FCIB) stated:  “In a world that is increasingly becoming digital, no conversation on sustainable development can be productive without giving consideration to how solutions in such regard will thrive and remain relevant as the world continues to evolve, As Nigeria’s oldest indigenous and leading innovative Bank, we are both deeply rooted in the advocacy for empowerment and remarkably forward thinking, so our mission of empowering lives is one that goes far beyond lip service”.

“We recognise the gap that exists in gender equality and as a pro-women bank, we have continued to develop new and more efficient ways to accelerate action for women empowerment. This is why we launched our women-focused proposition, SARA by Wema and this is why we are so intentional about making room for women in the spaces that matter and developing solutions that empower women to thrive in their personal and professional lives.

“So, for IWD 2025, we are thinking beyond the now, as always, and looking far into the future to accelerate action for sustainable women empowerment by maximising technology and innovation to amplify impact. With this futuristic mindset, we successfully provided over N50 billion in finance, disbursed $2.4 million in collaboration with the Islamic Development Finance under the BRAVE Women project, and reached over 2million women through various skills development, business support, and market access programme—and these are just some of our numbers between 2019 and 2023.

“Imagine how much progress can be made in the global quest for women empowerment if more individuals and institutions begin to replicate the Wema approach. This is the vision that has kept us driven for 8 decades and these are some of the important discussions we will address at the Wema Bank International Women’s Day 2025 Event”.

As the bank approaches its 80th anniversary, its IWD 2025 activities will reinforce its position as a leader in promoting gender equality and inclusion.

Wema Bank to boost entrepreneurship, investment with Hackaholics 6.0

Wema Bank says it aims to further stimulate entrepreneurship, attract investment, and accelerate Nigeria’s economic development by fostering a thriving technology ecosystem that complements the creative economy.

Executive Director, Retail and Digital Business, Wema Bank, Mr Tunde Mabawonku, disclosed this at the sidelines of a news conference on call for applications for the sixth edition of the bank’s Hackaholics 6.0 initiative in Lagos.

Hackaholics 6.0 focuses on attracting “bold, cutting-edge solutions” in key sectors like AI, blockchain, renewable energy, customer experience, and cybersecurity.

He explained that the innitiative aligns with the bank’s strategic vision for its 80th anniversary in 2025, while it serves as a platform for developing solutions that address critical economic challenges.

According to him, the programme has the potential to generate innovations that create new avenues for economic activity and job creation, and has recorded past successes in areas like transportation and healthcare.

He emphasised that with the inmitiative, the bank focuses on Science, Technology, Engineering and Mathematics (STEM) education and technological innovation as essential for future economic competitiveness.

Similarly, Chief Transformation Officer, Wema Bank, Mr Babatunde Mumuni, said that the bank had continued to give support to innovative start-ups to progress.

He said, “From inception to date, we have had a total of 18 winners and we have given out about 200,000 U.S. dollars in grants to all the winners from inception to date.

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“As the years have passed, we have continued to increase the prize money. And note that by saying grants, the focus of the bank has basically been to find ways to empower these guys to progress.”

Head of Innovation, Mr Solomon Ayodele, said the theme of the 2025 innovation programme is, “Steep beyond algorithms, engineering, disruptive innovation”.

According to him, imthe innitiative aims to position Africa at the forefront of global technology and will feature a dual-track approach for technical talent and high-growth startups, focusing on verticals like customer experience and financial inclusion.

He explained that Regional hackathons would be held across Nigeria’s six geopolitical zones and Lagos, culminating in a grand finale.

Expanding its reach, he said that the programme would also include events in Accra, Ghana, and Kigali in Rwanda, acknowledging the growing number of applications from these regions.

Ayodele emphasised the programme’s accessibility, welcoming applications from various tech professionals and startups.

He noted that finalists would have the opportunity to join an accelerator programme, gaining access to resources and potential funding.

Past participants, such as Sophia Sadeeq, Chief Executive Officer (CEO) of MyTherapist.ng, and Ugonna Ginigeme, CEO of FIGO, shared their success stories.

Sadeeq, winner of the Women-Led Prize, praised the programme’s mentorship and networking opportunities.

Ginigeme, winner of the MetaLog Prize, highlighted the significant partnership opportunities with the bank.

Both entrepreneurs encouraged startups to apply, citing the programme’s transformative impact. (NAN)