Brand
Wema Bank Unveils New Digital Solution For Cooperative Societies, CoopHub
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially launched CoopHub, a new digital solution for Cooperative Societies. The groundbreaking platform was unveiled at the launch ceremony held on May 10th, 2024, to commemorate the 79th anniversary of the Bank.
CoopHub, the first of its kind in the Nigerian banking industry, is a digital platform designed strategically to transform the way Cooperative Societies operate by providing tailored solutions that bridge the gaps in the traditional framework of Cooperative Societies. The unique platform insulates Cooperative Societies against prevalent struggles like manual recordkeeping, limited access to loans, poor communication, insecurity, and other restrictions, supporting them with the solutions needed to not only mitigate these problems but also operate with the utmost efficiency.
L-R: Group Head, Partnerships and Ecosystem, Ajibade Laolu-Adewale; Divisional Head, Brands, People and Culture, Wema Bank, Ololade Ogungbenro; President Ogun State Cooperative Federation Limited; Alhaji Wasiu Olaleye; MD/CEO Wema Bank, Moruf Oseni and Executive Director, Retail and Digital Bank, Wema Bank, Tunde Mabawonku, at the launch of Coop Hub, Wema Bank’s digital solution for Cooperative Societies, held in Lagos today, Friday, 10th May, 2024
With CoopHub, leaders of Cooperative Societies can manage every aspect of their community’s operations from a simplified dashboard accessible on their phones, seamlessly managing their Cooperative Society’s finances, communication, member records, analytics and every other detail in real time and on the go. Members of the Cooperative Societies also enjoy increased access to loans, seamless contribution tracking, secure transactions, and easy communication with the leaders. Essentially, CoopHub helps Cooperative Societies maintain 100% transparency, reliability, and security, with the option of white labelling for a customised experience.
Disclosing the Bank’s motive for creating CoopHub, Wema Bank’s MD/CEO, Moruf Oseni, highlighted the Bank’s commitment to innovation and customer-centricity. “Cooperative Societies have many pain points. As a bank that is committed to empowering lives through innovation, we examined the end-to-end value chain of Cooperative Societies and launched CoopHub to provide solutions that address the pains and headaches in the Cooperative Society experience for both the leaders of these communities and the members. CoopHub is the future of Cooperative Societies and we have designed every detail to address the needs of every player in the Cooperative Society ecosystem and empower these communities for optimal productivity”, he said.
Delving into the unique features of CoopHub, Solomon Ayodele, Wema Bank’s Head of Innovation, added, “CoopHub is taking Cooperatives to an era where conflicts, stressful physical meetings, mistrust, inadequate capital, poor recordkeeping and inefficient governance are all a thing of the past. With a digitised database for all records, a dedicated User Management section for leaders to manage members efficiently, a transparent overview of contributions for both leaders and members, seamless communication framework that allows for easy planning of meetings and events, and a host of other unique features, CoopHub truly is the solution that every Cooperative Society needs. To promote community and financial security, CoopHub also offers a three-factor authentication system that ensures that every withdrawal from the Cooperative Society’s account is subject to an approval of three members of the Cooperative Society, including the Admin. We have been very intentional with CoopHub and I encourage every Cooperative Society to come on board and experience the future of Cooperative Societies through CoopHub”, Ayodele concluded.
CoopHub is now live and open to every Cooperative Society across the world. This futuristic solution is set to not only empower Nigerian lives with increased access to their needs through Cooperative Societies, but also revolutionise Cooperative Society operations for the best.
To onboard a Cooperative on CoopHub, simply register at https://coophub.alat.ng/
Brand
Mediacraft Associates Continues to Blaze the Trail in Awards
- – Group CEO Voted ‘Legend of Marketing Comms’
- Lagos, Nigeria. December 18, 2024. John Ehiguese, CEO of Mediacraft Associates, has been presented with the ‘Award of Recognition as a Legend of Marketing Communications’ during a gala by Q-Media and Communications Limited. The gala serves as a platform to celebrate outstanding achievements and recognise individuals and organisations that have significantly impacted the marketing communications industry in Nigeria.Mediacraft Associates, under the leadership of John Ehiguese, has played a key role in advancing public relations practise in the region. The agency’s dedication to fostering strategic communication, brand development, and crisis management has earned it a distinguished place in the industry. John Ehiguese’s recognition as a legend in marketing communications underscores his visionary leadership and unwavering commitment to professional development in public relations.This recognition highlights the agency’s recent successes and emphasises the importance of effective public relations in shaping perceptions and driving success in today’s competitive market. This award further proves Mediacraft Associates’ continuous efforts to uphold high standards and deliver exceptional client results.Expressing his gratitude for the recognitions awarded to Mediacraft Associates, John Ehiguese emphasised that these accolades prove the agency’s dedication to implementing global best practises. He stated that the agency prides itself on providing bespoke public relations services and solutions, tailored to its diverse clientele, catering to various industries and needs.“Since our inception as Mediacraft Associates in September 2003, we have steadily evolved into arguably the largest PR firm in Nigeria, by size, employing over 40 full-time staff members”, Ehiguese remarked. He noted that this growth results from the collective efforts of a dedicated team, passionate about creating impactful communication strategies that resonate with clients and their audiences.Ehiguese reaffirmed the agency’s commitment to delivering valuable solutions to clients. He highlighted that this commitment goes beyond meeting client expectations; it involves actively contributing to advancing the public relations field in Nigeria. By sharing knowledge, advocating for ethical practises, and engaging in community initiatives, Mediacraft Associates aims to elevate the industry’s standards and inspire the next generation of public relations professionals.A relentless focus on innovation, customer service, and professional growth has characterised the agency’s journey. With a vision to remain at the forefront of the evolving PR landscape, Mediacraft Associates continues to seek opportunities that enhance its service offerings and empower clients to achieve their communication goals effectively.
Brand
Nestlé Professional Champions Affordable Nutrition with Maggi Soya Chunks in Lagos
Nestlé Professional, the Out of Home business arm of Nestlé Nigeria and a leading provider of food solutions, recently introduced the Affordable Nutrition option, Maggi Soya Chunks, to food vendors, chefs and event planners during the Lagos edition of the Business of Food workshop.Canteens, grillers, Maishais, and bukas play an integral role in providing daily nutrition to bustling urban areas. However, they face challenges in managing their businesses amidst rising costs, often leading to a reduced focus on providing adequate nutrition in favor of profit.The Business of Food series, now in its nineth edition, has empowered over 2,000 food business vendors across nine states with vital skills and knowledge to enhance their business and increase their income. This year, it focused on offering attendees a cost-effective, nutritious, and flavorful protein alternative with Maggi Soya Chunks while equipping them to keep growing despite economic hardships.With one pack providing adequate protein and nutrition for eight people, Maggi Soya Chunks, a soya-based texturized protein, is an affordable alternative protein ensuring that food vendors not only remain profitable but continue to provide adequate nutrition to their customers.Mrs. Funmi Osineye, Business Manager for Nestlé Professional in Nigeria, stated: “At Nestlé Professional, we are committed to empowering local food vendors with the tools and knowledge they need to thrive. By introducing Maggi Soya Chunks, we aim to provide an affordable and nutritious alternative that supports their businesses and promotes healthier eating habits in our communities.”To further empower the participants to navigate the evolving economic terrain, the food vendors were trained by Mrs. Osaretin Okao, Managing Director of Food Bizz Support Services on managing food business profitability in challenging period. She charged the food vendors to be innovative and open to trying new things, including the use of new affordable ingredients like Soya Chunks.Mrs. Osaretin Okao said: “Managing a successful food business requires adaptability and a willingness to embrace new opportunities. By incorporating affordable and nutritious ingredients like Maggi Soya Chunks, food vendors can not only enhance their offerings but also ensure they remain profitable and sustainable.”One of the highlights from the half-day training session was a masterclass by Chef Ehis Oseniga on the preparation of the classic Ofada rice sauce, using Maggi Soya Chunks. The event also featured an exciting cooking competition where teams of caterers, catering school students and restaurant owners created delicious meals such as Chunky Jollof Rice, Soya Spaghetti Jollof, and Soyarito Fried Rice, all using Maggi Soya Chunks.Mrs. Osineye assured participants that Nestlé Professional remains committed to supporting the growth and success of food vendors in Nigeria. “We aim to make more possible by uplifting the local food industry, promoting entrepreneurship, and creating a positive impact in communities.”-end-About Nestlé ProfessionalNestlé Professional is the Out-of-Home arm of Nestle and it focuses on providing innovative, high-quality food and beverage solutions to the out-of-home, or foodservice, industry in Nigeria. This division caters to a wide range of customers, including restaurants, hotels, cafes, offices, catering companies, coffee shops and other foodservice providers.Our Vision is “To be the trusted partner of choice in Out-of-Home, by providing Affordable & Nutritious Food and Beverage Solutions that help our customers win”
Brand
ALX Startup Accelerator Hosts Transformative Pitch Session, Showcasing Groundbreaking Innovations
Lagos, November 28, 2024 – Africa’s leading startup and career accelerator, ALX, reaffirmed its commitment to addressing some of the world’s most pressing challenges through entrepreneurship by hosting an impactful online pitch session featuring 10 promising startups from its ecosystem. The event provided a platform for the startups to present their innovative business solutions and models, receiving valuable feedback from a panel of three expert judges.The highlight of the event was when Grow Kinesis, a groundbreaking health and fitness digital solution, clinched first place position among other impressive solutions such as second-placed Helgg, a micro-mobility company of e-vehicles, and third-placed Uri Creative, a creative marketplace and digital analytical tool.Joshua Ebinabo, Entrepreneurship Development Manager for ALX in Nigeria, expressed his pleasure at the event and the strides made by participating startups. “ALX is committed to empowering entrepreneurs with the tools, mentorship, and opportunities they need to transform their ideas into solutions that tackle global challenges. With this pitch session, we showcase incredible potential within our ecosystem. Watching these startups grow, innovate, and inspire is a privilege,” he stated.The session also featured candid feedback from the panel of expert judges, who applauded the ingenuity, creativity, and determination of the participants. The constructive critique will enable the startups to refine their strategies and amplify their impact.The other participating startups were Afren, a digital platform bridging the gap between clients and freelancers, Browpay, an innovative hybrid of payment and supply solution, Delivit, a last-mile delivery solution, Chao, a fast and reliable food and essentials delivery service, Haidy Food, a wholesale e-commerce platform, Medrack Health, a health-tech and pharmaceutical solutions provider, and Viscio Express, an Agro-Logistics provider and transport solution.ALX remains steadfast in its dedication to identifying and supporting visionary entrepreneurs. By creating opportunities for startups to thrive, the accelerator is paving the way for sustainable solutions to global challenges, positioning Africa as a hub of transformative innovation.To learn more about ALX programmes and initiatives, visit www.alxafrica.ng.