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ALAT By Wema wins Overall Best Mobile App in Nigerian Fintech Awards

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ALAT By Wema, the first fully digitalized bank in Nigeria, has been named the Overall Best Mobile App in the Nigerian FinTech Awards 2022, beating the other FinTech apps nominated alongside it in the category in the platform’s shortlist. The announcement was made at the award ceremony in Lagos, on Friday 4 November 2022.

In its 10th year, the Nigerian Fintech Awards was founded by Fintech Africa, one of Africa’s oldest and most influential publications on financial technology to honour excellence in product designs and service delivery in financial technologies. The Overall Best Mobile App, won by ALAT By Wema, according to the organizers, is in recognition of the digital bank’s contribution to the Fintech world.

ALAT By Wema, the first fully digital bank in Nigeria, was launched in May 2017 by Wema Bank Plc, the country’s oldest indigenous commercial bank, to drive transformation and redefine experiential banking in the Nigeria’s banking sector. In its first year, ALAT by Wema gained over 250,000 customers who were responsible for the well over NGN 1.6 billion ($4.48m) deposits. In 2018, the bank closed in the N1 billion ($2.78m) mark in terms of deposits into savings accounts.

Olusegun Adeniyi Chief Digital Officer, Wema Bank expressed his joy at the award, saying that the honour is only the icing on the cake of transformation that ALAT By Wema has brought to the banking industry in Nigeria.

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“We are delighted at being named as the Overall Best Mobile App by the august platform, which is dedicated to honoring excellence in financial technologies and services companies and products. The award is complimentary to the excitement that the multi-award-winning app has brought to its numerous individual and corporate subscribers.”

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He informed that ALAT By Wema, which matches customers’ lifestyles, is helping its subscribers save more with access to exclusive group and personal savings, free debit cards, and up to four percent annual interest in savings.

Adeniyi said that since its launch in May 2017, ALAT By Wema, the branchless and paperless bank has reduced the stress of having to walk into a branch to open an account by providing a seamless sign-up process using a mobile phone, PC or tablet. The ALAT By Wema app, unlike other banking apps, provides all the banking services the customer could ask for.

“All banking apps only offer some banking services, typically airtime purchases, bill payments and transfers. For example, even with a banking app, customers usually still need to go to a physical bank to get a debit card and activate it, submit documents and often, get some kinds of customer support. This is not the case with ALAT, which was built from scratch to be entirely digital, making all banking services available to the customers anywhere they can access the internet.”

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Event

NACSP president, Tosan Jemide, advocates for cake industry at national conference held in Lagos

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The Nigerian Association of Cake and Sugar Craft Professionals (NACSP) held its stakeholders conference at the Events Centre, Alausa, in Lagos, on November 22, 2022.

Professionals and stakeholders in the Nigerian cake industry gathered to chart the best way forward for the craft and ensure that the health of Nigerians are made paramount.

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Tosan Jemide, president, NACSP

The president of the NACSP, Tosan Jemide, therefore, hoped to use the platform to dialogue in a better and stronger businesses in a standardized environment.

The director of NAFDAC, Hilda Edwards, who was represented by Dawoda Jimoh, appreciated the organisers for such a platform which provides opportunities for interaction between the stakeholders and the regulators.

Chidinma Ewuzie, Asst. Chief Standards Officer in SON (Nigeria) in her own presentation insisted that standard is paramount in every industries in Nigeria.

“The responsibility of SON amongst others are to develop standards relating products, materials, measurements, processes and services.

“Therefore, the onus is on SON to ensure that stakeholders in the cake industry must agree on standard. This enables Nigerians to offer their services anywhere in the world,” Ewuzie explained.

SON revealed that the cake industry needs standards for product, process, personnel and equipment used in the production.

The Director of Public Safety and Well-being, Adeyinka Adebiyi, advocates for safety at events.

Read the NASCP president’s full speech below.

“Good Morning Distinguished Ladies and Gentlemen, All our Regulatory Stakeholders here present are respectfully acknowledged in no particular order of eminence, all other stakeholders in the cake industry value chain we welcome you, ladies and gentlemen of the press and of course our own dear members and prominent Baker’s in attendance physically and online thank you for coming. We welcome you all very warmly to this historic meeting marking the advent of a new dispensation in the cake industry. We believe that this will herald a series of revolutionary changes within the space creating more mutually beneficial partnerships in our ecosystem and greater value for the industry as a whole.

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“The NACSP [The Nigerian Association of Cake and Sugarcraft Professionals] was set up with a vision to promote professionalism in a community driven by creativity and excellence. Our mission is to introduce standards and structure through advocacy and education in partnership with industry stakeholders and government agencies in the Nigerian cake industry.

“Just over 20years ago, I recall setting up my cake business here in Lagos and at that time we had very few experts in the industry. To be honest baking was still seen as a past time for wives who had nothing else to do and needed to keep busy or a way out for school dropouts and academically challenged people who had no other options! Today we can boast of well over 5000 active bakers from all walks of life and many more enthusiasts. This has broadened the horizon and as a result of this surge in the number of bakers and confectioners, an entire industry has been built based purely on their attendant business needs. From production and sales of the actual cake making ingredients to accessories, props, equipment and tools, even down to packaging, multiple businesses have been established and are now thriving. From a point where almost all the bakers needs were imported, we now have local manufacturers in addition to importers. In a nutshell, it is evident that there has been a major shift in the industry from 20 years ago till now.

“In order to harness these growth opportunities even further, it has become necessary to call for such a meeting where all stakeholders are present and discussions around quality, safety and standards in the industry are put on the table for dialogue. Many questions around compliance to guidelines on safety and quality need to be asked. Is the industry ready to begin to drive compliance? Yes we think it is. First of all from a point of view of public health and safety, there is a huge increase in the number of consumers for the products that come out of this industry. Cakes, desserts and pastries are consumed in large quantities daily. The supply and sales of unwholesome materials endangers the health of consumers and impair the overall quality of the finished goods. It therefore behooves on us to ensure that the quality of our inputs remain wholesome in order for us to churn out good quality finished products. On several occasions we have encountered cases of substandard or adulterated products. Sometimes inedible items are passed off as edible. There are also specific needs that are also crucial to the industry and are currently not being met which we would like to bring to the attention of the relevant stakeholders. In many other climes, flour produced specially for cakes and confectionery called soft or cake flour is in abundance. Here in Nigeria, this is hard to find, with the prevalent flour products not really conducive to give the finest finished product quality. We are desirous of having our cake flour available in the market. Another product we would like to see is castor sugar. We are certain that there is huge market just waiting for its availability.

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“Most importantly, we want to ensure that the quality of baker’s raw materials do not vary from batch to batch. Consistency is key.

“Today we wish to dialogue with all stakeholders present here and hope that the panel sessions will pave way for collaborative engagement to tackle the issues we face as an industry. As we continue to work together in partnered harmony we are hopeful that the industry’s growth will continue in an upward trajectory ensuring for better and stronger businesses in a structured and standardized environment,” Jemide read.

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Entertainment

Popular Nigerian singer, Oyinkansola Sarah Aderibigbe better known as Ayra Starr has raised many eyebrows as she dished out amazing vocal at Johnny’s room live. Johnny’s Room Live is back with the 4th edition in Lagos. It’s a yearly concert organized by Mavin Record signee, Johnny Drille who is currently making the rounds with his hit song “How Are You (My Friend).” However, Yesterday, November 23rd, 2022 performance by Ayra Starr has left many tongues wagging as the singer thrilled fans with the amazing vocal power house embedded in her. IMPORTANT: You can now Click “HERE” to receive Entertainment gists directly on your WhatsApp! Undoubtedly , the year 2022 has been wonderful one for Ayra Starr who has delivered several hit in her songs as well as the one she gets featured in. Note that Ayra Starr breaks into the Nigeria music industry in the year 2021 after she released her hit song “Away. This however paved the way for the release of her first full-length mixtape, 19 & Dangerous in August 2021. She also well known for her other songs that include, Bloody Samaritan, Beggie Beggie,Fashion Killer, Overdose, Won Da Mo, Sare as well as her latest single, Rush. While on the Johnny’s room live 2022, Ayra Starr captured the hearts of netizens as she takes her vocal power to the next level while on stage as she performs “Rush” Sharing the video, Ayra Starr who always refers to herself as celestial being wrote; “A special moment at Johnny’s room live 2022.” Watch the video below;

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Popular Nigerian singer, Oyinkansola Sarah Aderibigbe better known as Ayra Starr has raised many eyebrows as she dished out amazing vocal at Johnny’s room live.

Johnny’s Room Live is back with the 4th edition in Lagos. It’s a yearly concert organized by Mavin Record signee, Johnny Drille who is currently making the rounds with his hit song “How Are You (My Friend).”

However, Yesterday, November 23rd, 2022 performance by Ayra Starr has left many tongues wagging as the singer thrilled fans with the amazing vocal power house embedded in her.

well as the one she gets featured in. Note that Ayra Starr breaks into the Nigeria music industry in the year 2021 after she released her hit song “Away.

This however paved the way for the release of her first full-length mixtape, 19 & Dangerous in August 2021. She also well known for her other songs that include, Bloody Samaritan, Beggie Beggie,Fashion Killer, Overdose, Won Da Mo, Sare as well as her latest single, Rush.

While on the Johnny’s room live 2022, Ayra Starr captured the hearts of netizens as she takes her vocal power to the next level while on stage as she performs “Rush”

Sharing the video, Ayra Starr who always refers to herself as celestial being wrote; “A special moment at Johnny’s room live 2022.”

Watch the video below;

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Entertainment

Bodex F. Hungbo bags New Media Personality of the Year Award, 2022

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Congratulatory messages are in order again as the Badagry born multiple Awards-winning damsel Bodex F. Hungbo, SPMIIM bags Prime Excellence New Media Personality of the Year Award. The award which was presented to her in November 20, 2022 by Yeye (Barr) Mrs. Caroline Adeneye, CEO Sierra Global at Airport Hotel Ikeja was in recognition of her massive contributions to the growth and outstanding impact in the digital media space using Bodex Social Media Hangout as a tool in shaping the society and our country at large

Recently, the Serial Entrepreneur, Cobbler, Multi-Media Expert, Brand/Event Expert, and PR consultant also, bagged an International Award and Regcognition for Excellence in Data and Information Management 2022 by the Institute of Information Management Africa presented by Mrs. Caroline Adeneye, President Institute of Information Management Africa for her enormous contribution and using her unique media talk- shop called Bodex Social Media Hangout that is designed to create consistent awareness and engagement on the need for social media good and while curating practical solutions through the engagement of professionals making positive impact across platforms. During the presentation, Bodex Social Media Hangout was awarded Best Digital Program of the Year 2022

Bodex has become a reputable brand influencer/blogger and social media strategist with enormous influence in Nigeria and has been at the forefront of using digital/ traditional entrepreneurship to create value, engage the youth and deliver communication objectives for partner organisations.

In her appreciation speech, Bodex thanked the organizers of these awards for deeming her fit for the awards and also recognising the impact of Bodex Social Media Hangout in the country. She also thanked all the media personalities present while dedicating the awards to all digital and tradition media entrepreneurs in Nigeria and beyond and promised to make everyone who has supported her on this journey proud.

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Bodex is the Chairperson of Bodex Group International which comprises of Bodex Media, Bodex Footwear, Bodex Beauty House, House of Bodex and lead consultant at Volt Media Advisory. She is the founder, Bodex Exceptional Women Initiative Africa (BEWIAFRICA)- an initiative that empowers women in men’s dominated field, amongst others

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