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Wema Bank, SMEDAN Partner to Empower 800,000 Small Businesses

By Ayomide Otitoju Wema Bank, Nigeria’s leading innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to empower 800,000 small businesses across the country. The agreement, signed on February 25, 2025, in Lagos, marks…

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Wema Bank, FGN train SMEs on digital skills

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,…

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Wema Bank, Assembly Hub partner on creative class

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…

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Wema Bank, enza to boost e-commerce

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…

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