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Wema Bank celebrates 80th anniversary, receives national commendation

Wema Bank, Nigeria’s oldest indigenous bank and pioneer of ALAT, marks its 80th anniversary, receiving national commendation from President Bola Ahmed Tinubu for its resilience and innovation.

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Wema Bank 80th anniversary

Wema Bank, Nigeria’s oldest indigenous bank and pioneer of ALAT, marks its 80th anniversary, receiving national commendation from President Bola Ahmed Tinubu for its resilience and innovation

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Wema Bank, Nigeria’s most innovative bank and the pioneer of Africa’s first fully digital bank, ALAT, officially celebrated its 80th anniversary on May 2nd, 2025.

The milestone was met with national commendation for the bank’s enduring legacy as Nigeria’s oldest and longest-surviving indigenous bank.

Established in 1945 as Agbonmagbe Bank Limited, Wema Bank played a crucial role in the growth of indigenous banking in Nigeria, breaking the colonial monopoly in the sector.

Over the past eight decades, Wema Bank has evolved into a leader in banking and innovation, consistently demonstrating its commitment to empowering Nigerians with access to financial services. Its 80-year journey stands as a testament to the potential for indigenous businesses to thrive in Nigeria.

In a congratulatory statement released on May 1, 2025, His Excellency, President Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, lauded Wema Bank for its unwavering resilience and technological innovations.

The fact that this great bank is even older than our beloved nation and is still thriving at 80, is a thing of pride and worthy of celebration.” – Moruf Oseni, MD/CEO, Wema Bank

He noted the bank’s consistent focus on supporting Nigerian businesses across key economic sectors with strategic advisory and financial support, vital for sustainable growth. President Tinubu expressed his confidence in Wema Bank’s continued success.

Wema Bank 80th anniversary

L-R: Governor of Ogun State, His Excellency Dapo Abiodun; Governor of Ondo State, His Excellency Lucky Aiyedatiwa, MD/CEO Wema Bank PLC, Moruf Oseni and Governor of Oyo State, His Excellency Seyi Makinde at the Wema Bank 80 Years Anniversary Gala Night Held in Lagos over the weekend…

Moruf Oseni, Wema Bank’s MD/CEO, expressed gratitude to the government, partners, customers, shareholders, and employees for their support throughout the bank’s 80-year transformation.

He highlighted the rarity of corporate longevity in Nigeria, emphasizing the pride in Wema Bank being older than the nation itself and still thriving.

Oseni reaffirmed the bank’s commitment to digital innovation, inclusive banking, and customer-focused service, with a bold vision to return to the top tier of banking in Nigeria, driven by purpose, innovation, and a deep focus on customers.

The 80th-anniversary Gala, held in Lagos on May 2nd, 2025, was attended by dignitaries including the Governors of Oyo, Ogun, and Ondo States, as well as representatives of Vice President Kashim Shettima and First Lady Senator Oluremi Tinubu, who conveyed the federal government’s appreciation for Wema Bank’s contributions to inclusion and economic development.

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Seyi Tinubu Colloquium: To Unlock Youth Potential, Public Policy Must Align with Private Capital – Obasa

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The Speaker of the Lagos State House of Assembly, Rt. Hon. Dr Mudashiru Obasa, has called for an aggressive and deliberate alignment between public policy and private capital as the surest path to unlocking the full potential of Nigeria’s youth population.

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Speaking to reporters on the sidelines of the inaugural edition of The Seyi Tinubu Colloquium held in Lagos on Monday, October 12, at the Eko Convention Centre, Victoria Island, the long-serving lawmaker insisted that tomorrow has already arrived for the next generation. Therefore, he continued,
structural inclusion is no longer a political favour but an urgent economic necessity.

Obasa said, “The theme of this first edition – Shaping the Future Together – is both an intellectual blueprint and an urgent governance directive. It acknowledges an undeniable reality: we cannot architect a sustainable, prosperous future if we lock the very visionaries of that future out of the room today.”

He maintained that political rhetoric has for too long comforted young people with the cliché that they are the leaders of tomorrow, but that the nation no longer has the luxury of waiting for the future.

Speaker Obasa directed a sharp call to action at the captains of industry, policy makers, tech ecosystem builders, and media executives, noting that government alone cannot carry the weight of national transformation. He challenged corporate leaders to view the country’s brilliant young minds not merely as consumers or an audience, but as venture partners.

He urged the private sector to move beyond traditional Corporate Social Responsibility activities and commit to deep, structural investments in early-stage equity, institutionalised mentorship infrastructure, and high-impact incubators. Such investments, he said, must be deliberately matched by enabling public policies if they were to scale and endure.

Highlighting his legislative track record in the nation’s economic hub, the Speaker noted that the Lagos State House of Assembly, particularly, has consistently refused to be a passive bystander.

The Assembly, he said, has deliberately driven funding into localised tech hubs, expanded digital literacy, and created environments where young entrepreneurs can thrive without systemic bottlenecks.

He pointed to critical frameworks such as the Lagos State Wealth Fund and the progressive work on the Lagos Innovation Bill as concrete examples of public policies designed to complement and attract private capital.

While commending the host, Seyi Tinubu, for his ingenuity and foresight in establishing the colloquium as a vital cross-generational bridge, the Speaker concluded that the true success of the maiden edition will not be measured by the eloquence of speeches, but by the velocity and volume of actions and its ability to serve as an incubator for strategic public-private alliances.

The Seyi Tinubu Colloquium is an annual high-level intellectual platform designed to foster national development through public-private synergy and cross-generational leadership.

Centred around the themes of leadership, patriotism, innovation, enterprise, and collaboration, the inaugural edition brought together corporate titans, policymakers, and next-generation innovators, among others, to co-create actionable blueprints for economic self-reliance, technological inclusion, and sustainable national progress.

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Hamzat, Kola Adesina, Liakouris to Headline Real Talk With Kike @7

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Organisers of Real Talk With Kike have unveiled a high-profile lineup of speakers for the programme’s seventh anniversary celebration, which will also commemorate ace broadcaster Kikelomo Atanda-Owo Abati’s more than 20-year journey in the Nigerian media industry.

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The milestone event will hold on October 10, 2026, at Eko Hotels and Suites, Lagos, bringing together leaders from government, business, media and culture for conversations on Nigeria’s future.

Leading the keynote sessions are Dr Kadiri Obafemi Hamzat, Deputy Governor of Lagos State, and Mr Vlassis Liakouris, Group Managing Director of Mandilas Group Limited.

Also confirmed as distinguished speakers are Mr Kola Adesina, Group Managing Director of Sahara Group, and Dr Toyosi Akerele-Ogunsiji, Founder of Rise Network, while Mrs Bola Adesola, Chairman of the Board of Ecobank Nigeria, will deliver the goodwill message.

The speakers will engage the theme, “The Future of Nigeria: Where Leadership, Innovation, Culture and Media Converge to Shape Nation Building,” exploring how governance, enterprise, innovation and storytelling can shape national development.

According to the organisers, the theme reflects the philosophy that has defined Real Talk With Kike over the past seven years as a platform for meaningful conversations on leadership, society, business, relationships, culture and contemporary issues affecting Nigeria.

For Kikelomo Atanda-Owo Abati, the celebration marks two significant milestones. Beyond the programme’s seventh anniversary, it also celebrates more than two decades of broadcasting, making the occasion a tribute to longevity, impact and the power of dialogue.

The multidisciplinary speaker lineup mirrors the event’s nation-building focus. Hamzat is expected to share perspectives on public leadership and governance, while Adesina and Liakouris will discuss private-sector leadership, enterprise and innovation. Akerele-Ogunsiji will contribute insights on education, youth development and innovation, with Adesola bringing the perspective of corporate governance and financial-sector leadership.

The October gathering is expected to attract policymakers, business executives, media personalities, creatives and guests who have been part of the Real Talk With Kike journey since its inception, reinforcing its reputation as one of Nigeria’s leading platforms for thought-provoking conversations.

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Spelling Bee Nigeria Opens New Season With International Prize

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Spelling Bee Nigeria

Spelling Bee Nigeria Season 3 opens for students aged 8 to 13, offering a powerful route to national recognition and international exposure in the US (more…)

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