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Nigeria’s Leading innovative bank, Wema Bank Introduces SME Business School 5.0

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Nigeria’s leading innovative bank, Wema Bank, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) in Nigeria.  

The programme, known as the Wema SME Business School 5.0, aims to equip SME business owners and entrepreneurs in Nigeria with the necessary skills and knowledge to succeed in business.

According to the Head of SME Banking at Wema Bank, Arthur Nkemeh, the fifth edition of the the Wema SME Business School 5.0 will be held in Benin, Edo State, from May 22nd to May 26th and will feature training and lectures on various aspects of business management and entrepreneurship, facilitated by subject matter experts and experienced entrepreneurs. 

Nkemeh, stated that “Small businesses are the backbone of the Nigerian economy, and as a bank, we are committed to supporting their growth and development. The Wema SME Business School is a valuable initiative designed to equip SME business owners and entrepreneurs with the right skills and knowledge they need to succeed in today’s business environment.”

”Since its launch in 2021, the SME Business School has held four successful editions of the programme in different parts of the country, including Lagos, Abuja, and Port Harcourt. Each edition of the programme has attracted over 500 SME business owners and entrepreneurs, who are selected through a call for applications and direct nominations”.

Nkemeh said the SME Business School 5.0 is open to all SME business owners and entrepreneurs in Nigeria who wish to improve their business management skills and grow their enterprises. Interested participants can register for the programme through the provided link or on the bank’s website.

He noted that the Wema SME Business School is part of Wema Bank’s commitment to promoting innovation and driving creativity in Nigeria. The bank remains dedicated to supporting the growth and development of small businesses in Nigeria, and the SME Business School is just one of the many initiatives that Wema Bank has launched to support SMEs. The business school is free for all SMEs that would be admitted.

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Business

PRovoke Media 2025 Influence 100: Dangote ‘s Anthony Chiejina Ranks Among Most Powerful Global Communications Leaders

This year’s list reflects a powerful cross section of communications leadership from some of the world’s most influential organisations, including Walmart, Apple, Shell, Microsoft, Nvidia, Nissan, Coca Cola, Google, Lufthansa, MTN, Emirates, Ford, Marriott, Tencent and Reliance Industries among others.

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• File Photo: Anthony Chiejina

PRovoke Media has again recognized the Group Chief Branding and Communications Officer, Dangote Group, Anthony Chiejina, among the most powerful communications leaders in the world, in its prestigious 2025 Influence 100.

The recognition marks Chiejina’s fifth consecutive appearance on the global ranking, having previously been listed in 2021, 2022, 2023 and 2024, a rare distinction that underscores both consistency and sustained global relevance.

According to PRovoke Media, the 2025 Influence 100 identifies the most impactful senior communications, corporate affairs and marketing executives worldwide.

It emphasised that Chiejina’s inclusion reflects his central role in shaping the reputation of Dangote Group, Africa’s largest industrial conglomerate.

It notes that for over 15 years, Chiejina has overseen corporate communications across the group’s diverse portfolio, spanning cement, agriculture, energy, manufacturing and consumer goods.

His stewardship has been instrumental in positioning Dangote as the continent’s most admired indigenous company and a symbol of African industrial ambition.

According to the publication, under Chiejina’s leadership, the group’s communications function has navigated complex regulatory environments, major industrial expansions and heightened global attention, particularly as Dangote deepens its footprint across Africa and advances sustainability and energy security initiatives.

” As group head of corporate communications, he oversees external and internal reputation across multiple sectors spanning cement, agriculture, energy and consumer goods, and has helped steer the brand’s continued recognition as the most admired indigenous company on the continent,” it said.

His continued presence places him among an elite group of in-house communicators whose judgement, influence and strategic insight shape corporate reputation at the highest level

According to the publication, under Chiejina’s leadership, the group’s communications function has navigated complex regulatory environments, major industrial expansions and heightened global attention, particularly as Dangote deepens its footprint across Africa and advances sustainability and energy security initiatives.

Meanwhile, the 2025 Influence 100 includes 28 new entrants, alongside several high profile re entries by senior communications leaders who have since taken on expanded global roles.

These include Michael Stewart, who moved from PwC to Unilever; Michael Gonda, from McDonald’s to Nike; and Sandy Rodriguez, also from McDonald’s to Eli Lilly.

This year’s list reflects a powerful cross section of communications leadership from some of the world’s most influential organisations, including Walmart, Apple, Shell, Microsoft, Nvidia, Nissan, Coca Cola, Google, Lufthansa, MTN, Emirates, Ford, Marriott, Tencent and Reliance Industries among others.

In total, 20 countries are represented, highlighting the global reach and strategic importance of senior in house communications leadership.

Gender representation remains strong, with 58 women and 42 men featured, sustaining a female majority for the second consecutive year.

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Beyond GDP, UNCTAD to launch new economic indicators for measuring countries prosperity

Accordingly , a High-Level Expert Group on Beyond GDP, mandated by the UN’s landmark Pact for the Future has been tasked with developing recommendations for a set of universally relevant indicators that countries can own and use to guide policy.

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Photo: UNCTAD Secretary-General Rebeca Grynspan. Credit: UNCTAD

UN Trade and Development (UNCTAD) says a new metrics for measuring countries progress beyond GDP, will be launched during the upcoming UN General Assembly in the spring of 2026.

Accordingly , a High-Level Expert Group on Beyond GDP, mandated by the UN’s landmark Pact for the Future has been tasked with developing recommendations for a set of universally relevant indicators that countries can own and use to guide policy.

UNCTAD serves as co-secretariat to the “Beyond GDP” expert group, alongside other entities including the Executive Office of the UN Secretary-General, the UN Department of Economic and Social Affairs and the UN Development Programme.

This initiative stems from the urgent need for measures of progress that enable more balanced and integrated pursuit of sustainable development.

GDP does not capture progress in well-being, equity, inclusiveness or sustainability – and it was designed as a measure of economic activity.

“Our approach will emphasize how better well-being and its drivers, such as health, social capital and the quality of the environment, are not only good for societal welfare but also contribute in an integral way to economic prosperity,” the interim report argues.

The “Beyond GDP” agenda, increasingly gaining traction among UN member countries, is about complementing traditional economic measures, rather than replacing them.

To do so, five principles are important.

First, countries need to look at more than GDP to gauge material well-being more accurately.Second, it takes more than income to capture all aspects of well-being.

Third, when addressing inequality and exclusion it’s necessary to look beyond average figures.

Fourth, the need to think in the long term, to ensure economic, environmental, social and institutional sustainability for future generations.

In addition, well-being is interconnected across countries in today’s world.

This makes cooperation all the more crucial, in setting global norms of measurement, unlimited to specific countries or regions.

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Business

Flutterwave buys Mono for $40 million

Under the deal, Mono will continue to operate as an independent product, with no changes to its leadership or operations.

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• Flutterwave Nigeria HQ, Lagos

Flutterwave, Africa’s largest fintech company, has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million.

The acquisition brings together two major fintech infrastructure players as Flutterwave looks to strengthen its payments stack with open banking, data, and identity capabilities.

Under the deal, Mono will continue to operate as an independent product, with no changes to its leadership or operations.

The transaction allows Mono’s investors to at least recoup their capital, with some early backers reportedly recording returns of up to 20x.

(Nairametrics)

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