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Wema Bank Celebrates Remarkable Journey Of 79 years—-In a remarkable celebration of heritage and innovation, Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT today announced a joint celebration marking Wema Bank’s 79th years and ALAT’s 7 years anniversaries. This significant celebration not only commemorates nearly eight decades of exceptional service and innovation in the Nigerian banking sector but also celebrates the bank’s seven years of digital excellence with ALAT.

Since its inception in 1945, Wema Bank has been at the forefront of financial innovation, constantly adapting to meet the evolving needs of its customers. Over the decades, the bank has evolved from a regional bank to a national bank, adapting continuously to meet the dynamic needs of its customers and establishing itself as a pillar of trust and reliability for millions of individuals and businesses across Nigeria.

According to the MD/CEO Wema Bank, Mr. Moruf Oseni, the bank’s evolution from being Nigeria’s oldest indigenous bank to being at the forefront of innovation, pioneering Africa’s first fully digital bank, ALAT, has been a true story of resilience and transformation.

“At 79, Wema Bank stand stronger than ever, and this achievement would not have been possible without the support of our customers and employees. We thank them for believing in the Wema vision, for entrusting their financial security to us, and for allowing us to contribute to their personal and professional aspirations. Their faith in us is deeply cherished, and we are honored to serve them.”

“As we mark our 79th year today, we reaffirm our commitment to empowering lives through innovation, and exceeding our customers expectations with unparalleled banking experiences tailored to their needs. Our pledge is to stand by our customers through every stage of life, offering enabling platforms to accelerate their growth and propel them to extraordinary heights.”

“While the past 79 years have been remarkable, we anticipate that the coming decades will be even more inspiring. With the partnership of our customers and employees, Wema Bank is poised to set new standards in financial services and redefine the future.” He concluded.

As part of the anniversary celebrations, Wema Bank and ALAT are rolling out a series of customer-focused activities designed to reward loyalty and enhance the customer experience. Throughout the anniversary month, customers will enjoy various promotions, including discounts on transactions, cash prizes, special loan offers and much more.

This anniversary is more than a celebration; it’s a reaffirmation of Wema Bank’s resilience and ongoing commitment to innovation and customer satisfaction in a competitive industry. Both Wema Bank and ALAT are poised for further growth, with strategic initiatives designed to enhance customer-centric services and expand the reach yearsw capability of digital banking solutions.

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JUST IN: EFCC Officers Arrested, Detained For Fraud In Lagos

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EFCC Officers Arrested

JUST IN: EFCC Officers Arrested, Detained For Fraud In Lagos—-Thecloudngr reports that the Economic and Financial Crimes Commission (EFCC) has detained 10 officers from its Lagos Zonal Command over the alleged theft of missing operational items.

The commission’s Spokesperson, Dele Oyewale, confirmed this in a statement on Wednesday in Abuja.

Oyewale stated that the development was part of EFCC Chairman Mr Ola Olukoyede’s ongoing efforts to rid the commission of corrupt practices.

He explained that the officers were arrested last week following directives from the EFCC boss.

“The affected officers are being questioned regarding the theft of operational items they could not account for.

“Investigators are making good progress, and those found guilty will face internal disciplinary processes,” he said.

The News Agency of Nigeria (NAN) recalled that the EFCC also announced on Monday the dismissal of 27 officers as part of its efforts to enforce integrity and combat fraud.

Oyewale noted that these officers were involved in fraudulent activities and misconduct in 2024.

He said their dismissal was ratified by the EFCC chairman, based on recommendations from the anti-graft staff disciplinary committee.

Olukoyede reaffirmed the EFCC’s commitment to zero tolerance for corruption, warning that no officer would be immune to disciplinary action.

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ERPS: Modo Ante Restates Commitment to Technology, Innovation for Progressive Revenue Generation

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Modo Ante

ERPS: Modo Ante Restates Commitment to Technology, Innovation for Progressive Revenue Generation—–The CEO/Founder of Modo Ante, a Public Governance and Policy Consultancy, Mr. Bamijoko Okupe, has restated the company’s commitment to the application of technology and innovation as creative and transformative tools for progressive revenue generation in Lagos State, and across the country.

 

He affirmed this at the Eko Revenue Plus Summit which held recently at the Convention Centre, Federal Palace Hotel, Victoria Island, Lagos.

 

Okupe applauded the leadership of Governor Sanwo-Olu for prioritizing technology-driven governance. “The Eko Revenue Plus Summit has proven that when government and private sector stakeholders collaborate, the possibilities for revenue generation and sustainable development are limitless,” he said.

 

Reiterating Modo Ante’s commitment, Okupe outlined the consultancy’s three-pronged approach to revenue optimization: Harnessing technology for efficiency, developing customized digital solutions to improve tax compliance, streamline public service delivery, and enhance transparency. Innovative Policy Frameworks: Advising governments on policies that incentivize private sector investment while creating sustainable revenue streams. Strategic Communication: Designing campaigns that foster public trust and encourage compliance with tax and regulatory requirements.

 

Okupe, who is also the co-Convener of the summit, emphasized the critical role of data analytics and economic modelling in solving complex governance challenges. “At Modo Ante, we believe in the power of data to guide decision-making. Our goal is to provide actionable insights that drive growth and create value for all stakeholders,” he explained.

 

He stressed the importance of continuous dialogue and knowledge sharing to sustain the momentum generated by the summit. “The Eko Revenue Plus Summit is not just an event; it is the beginning of a movement. Together, we can build a future where technology and innovation drive inclusive growth and prosperity,” he declared.

 

Following the conclusion of the highly successful Eko Revenue Plus Summit, Modo Ante, a leading consultancy specializing in Governance, Public Sector, and Political Organisation Consulting, has reiterated its dedication to leveraging technology and innovative strategies to optimize revenue generation for governments and corporate organizations.

 

The two-day summit, brought together policymakers, thought leaders, and private sector stakeholders to explore new revenue streams and innovative approaches to governance and economic development. Anchored by Modo Ante in collaboration with the Lagos State Government, the summit served as a platform for robust discussions on the role of technology and innovation in addressing fiscal challenges and enhancing public service delivery.

 

In his keynote address, Lagos State Governor Babajide Olusola Sanwo-Olu advocated for broader revenue strategies in the state beyond taxation, including optimizing state-owned assets and creating new economic opportunities that Eko Revenue Plus Summit would identify. He urged the private sector to partner with the state under the PPPs in creating innovative revenue solutions, particularly in real estate, waste management, and technology and how to hold the government accountable for revenue. According to him, these three identified areas have enormous revenue potentials that are not yet fully tapped.

 

The Governor underscored the importance of technology as a critical tool for modern governance and revenue optimization. He emphasized the state’s commitment to staying ahead of the curve by embracing innovative solutions to manage its growing urban population and expanding economy.

 

“The Lagos State Government has consistently demonstrated leadership in adopting cutting-edge technology to drive development and improve revenue collection,” Sanwo-Olu stated. He highlighted the ongoing deployment of digital tools such as the Lagos State Unified Revenue Portal, which has simplified tax collection processes and improved transparency.

 

During his recap of proceedings, Mr. Abdul-kabir Opeyemi Ogungbo, Special Adviser to the Governor on Taxation and Revenue, presented a detailed roadmap for sustainable revenue growth in Lagos State. He highlighted the state’s achievements in widening the tax net and implementing data-driven policies to improve compliance.

 

“Our success stems from our ability to innovate and deploy intelligent systems that simplify revenue collection while ensuring accountability,” Ogungbo noted. He cited the state’s partnership with private sector technology firms in developing analytics tools that identify untapped revenue sources.

 

Ogungbo called on other states in Nigeria to emulate Lagos by prioritizing investments in technology and capacity building. “Revenue generation in the 21st century requires a shift from traditional methods to a more data-centric approach. The Lagos example is a template that can be replicated across the country,” he asserted.

 

The success of the Eko Revenue Plus Summit underscores the growing recognition of technology and innovation as indispensable tools for governance and economic development. Modo Ante’s pivotal role in organizing the summit and its commitment to transformative solutions solidify its position as a leader in the consulting space.

 

As the consultancy continues to engage with governments and corporate organizations, it remains steadfast in its mission to deliver impactful results that foster sustainable development. With its expertise in governance, public policy, and political communication, Modo Ante is poised to reshape the future of revenue generation and public service delivery in Nigeria and beyond.

 

The summit concluded with a renewed call for collaboration between government, private sector, and civil society to address fiscal challenges and unlock new revenue streams. Participants lauded the role of technology and innovation as game-changers in public finance management.

 

 

 

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