Wema Financial institution, the official gold sponsor of Lagos Leather-based Honest (LLF) 2025 has pledged to disburse N2.5 million in grants to the highest three excellent Small and Medium Enterprises (SMEs) collaborating within the eighth version of LLF 2025.
The honest, scheduled for June 28-29, 2025, on the Balmoral Federal Palace Lodge in Lagos, will showcase Africa’s various leather-based trade, attracting leather-based fanatics, producers, suppliers, designers, and different key gamers.
This marks the second consecutive yr Wema Financial institution has sponsored the Lagos Leather-based Honest, reinforcing its dedication to empowering companies.
The Lagos Leather-based Honest is an annual showcase of Africa’s Leather-based Trade, convening leather-based fanatics, producers, suppliers, designers and different key gamers within the leather-based ecosystem from throughout the globe, to rejoice African tradition, creativity and craftsmanship in type.
The financial institution’s unique banking proposition, Status by Wema, will promote entry to marketplace for collaborating entrepreneurs, connecting them with high-net-worth people who can present visibility, patronage, and potential cross-border enterprise growth alternatives.
Wema Financial institution’s Managing Director/CEO, Moruf Oseni, emphasised the significance of entry to market in stimulating SME progress, stating, “Funding is essential to enterprise progress, however entry to market is equally very important.”
He reiterated the financial institution’s dedication to supporting companies and offering tailor-made options at each stage of their journey.
For us at Wema Financial institution, we don’t merely cease at offering funding for companies. Our motto is ‘With You, All The Approach’ and in that trend, we make it a degree to journey with these companies, perceive their wants and meet them at each level with the answer to those wants, be it funding, market entry, advisory providers, trainings and capability constructing or every other sources they might want. Sponsoring the Lagos Leather-based Honest is without doubt one of the methods through which we’re supporting the expansion of Africa’s SME sector.”
Wema Financial institution’s Government Director of Retail and Digital Enterprise, Tunde Mabawonku, famous the financial institution’s long-standing dedication to SME empowerment, saying, “We are going to proceed to go above and past in supporting SMEs past celebratory days.”
He inspired everybody to affix in selling Nigerian-owned companies on the Lagos Leather-based Honest 2025.
“As Nigeria’s oldest indigenous financial institution, Wema Financial institution has disbursed over N300 billion in loans and grants to MSMEs, empowered 800,000 SMEs by way of capacity-building packages, and facilitated market entry in 14 states throughout Nigeria and worldwide markets.
“Additionally, for people who might be attending the honest in addition to the distributors exhibiting, Wema Financial institution has additionally curated a bouquet of thrilling perks and rewards starting from all-expense paid spa therapies to money prizes, irresistible funding choices, enterprise advisory providers and extra, additional reinforcing the Financial institution’s function because the organisation that’s dedicated to supporting companies and creating an enabling setting for them to thrive,” Mabawonku acknowledged.
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