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Africa’s largest retail bank, Access Bank Plc., yesterday collaborated with the Lagos State Employment Trust Fund (LSETF) to launch the LSETF W Initiative aimed at economically empowering women in Lagos State.

The initiative, which has a total loan portfolio of N10billion, is targeted at women-owned businesses (with at least 50% ownership share) in operation for 1-5 years.
While delivering his address, Access Bank Group Managing Director, Herbert Wigwe said: “Access Bank is fully committed to bridging the existing gap and provide women with the support they need to successfully implement their business ideas”.

“Looking at the number of women present here today, I don’t think the initial N4billion we set aside to help women will be sufficient and based on that, the initiative fund will be increased to N10billion. Through partnerships with organisations such as LSETF, Access Bank will continue to help women break boundaries, reinvent the status-quo and take advantage of opportunities provided by technology and quality financial systems to make significant impact on the economy of Lagos State and Nigeria as a whole,” Wigwe added.


Delivering his keynote address, the Lagos State Governor, Babajide Sanwo-Olu expressed his delight at the timeliness of the initiative, including its immense opportunities for residents in the state.


“The LSETF W Initiative has come at a very critical time for our economy, as we believe that women have a great role to play towards achieving the developmental results that we seek in our state,” said Sanwo-Olu.


“It is important to leverage on the accumulation of resources built through relationships, trust, goodwill, and influence between the State and other private sector stakeholders to make things happen quickly. We are very proud of Access Bank as they continue to make available their financial and business expertise as well as their funds towards ensuring that our women are given adequate access to resources that will aid their successes,” he added.


Access Bank has a long history of supporting female empowerment, offering over 8,000 personal loans valued at over N10.6billion since 2018, with over 330 loans given to women in business valued at over N16.6billion.

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Business

CHECKMATE OPEN LOUNGE BERTHS IN ISOLO

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For sometime now,fun seekers around the Ilasamaja, Isolo axis of Lagos have been treated to a different kind of hospitality in the Bar and Entertainment business. The new lease of life is offered by CHECKMATE Open Bar situated on 1 Salamotu street off Iyana Itire, Isolo.

The bar which boasts the latest canapes,spirits and assorted drinks is now the go-to place for young and old who want to catch undiluted fun after a hectic day

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Having been in existence for like 4years now,the talking point of many is the first class service it offers its clients since it came under a new management led by seasoned Lagos businessman,John Okpara.

 

The club offers Karaoke,Comedy and Ladies Nites to the delight of its clientele week in week out.

For many who attended the special St Valentine’s show a few days back,it was a day to remember as several guests went home with mouth watering gifts from the management.

 

A grand opening of the fun place is scheduled for March 2023.

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Entertainment

Primate Ayodele Gives Out Five Cars, Buses, Tricycles, Others To Celebrate Birthday

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The Leader Of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has given out five cars, five tricycles, five buses and more than N25 Million naira empowerment package to journalists, widows, needy, students to celebrate his birthday.

The massive event which was held yesterday Tuesday, 14th Of February 2023 at his Lagos church was also to mark the end of the prophet’s 17-day appreciation and philanthropic activities which started on Sunday, 29th Of January 2023.

 

The event had in attendance the president of the Nigeria football federation (NFF), Alhaji Ibrahim Gusau who declared the event opened, the chairman of the National drug and law enforcement agency (NDLEA), General Marwa, popular gospel musician, Yinka Alaseyori who serenade the crowd with her angelic melody, comedian Ayo Ajewole AKA Woli Agba who had the audience filled with laughter, popular nollywood actors and actresses, to mention a few.

Alhaji Ibrahim Gusau, while declaring the event open described Primate Ayodele as a true friend who has shown support for the football federation. He explained the circumstances that led to his meeting with the man of God, stating that Primate Ayodele played a huge role in his emergence as the NFF president.

 

‘’One journalist sent me a video of Primate Ayodele during a press conference speaking about the election in NFF. He mentioned some of the contestants and said finally to him, the person that will become the president is Ibrahim Gusau. The journalist was surprised because I am not a Christian and didn’t know the prophet as I don’t even stay in Lagos. Consistently, he stood on his word whenever he gives prophecies concerning football and to God be the glory, the election came and I won. I felt I should find time to appreciate the man of God for his support. He visited me in Abuja, we spoke and ate together so there is no way he will have an occasion like this and I will not be there, it means I don’t appreciate God. We will continually ask for your prayers and will not disappoint you.’’

 

Also, the NDLEA chairman, General Buba Marwa who sent a representative expressed his surprise at the many gifts shared by Primate Ayodele while noting that the man of God will be the first to show practical love on Valentine’s Day despite the scarcity crisis in the country. He therefore asked the man of God to organize programmes that will allow the NDLEA support.

 

‘’General Buba Marwa is very interested in working with you and he has asked me to say it publicly that you should set a motion, programmes that will make the NDLEA join you. This programme on a day like this when everyone is showing love especially at a time like this when there is scarcity, we need to appreciate Primate Ayodele for showing practical love, I have been hearing happy valentine’s day since morning but this is the first practical one I am seeing.’’

 

The height of the event was when three church members and two journalists including an editor with The Sun Newspaper and the prophet’s media aide, Osho Oluwatosin were called out for a car gift.

 

One of the recipients who is the youth president of the church, Monday Sunday couldn’t hold back tears from his eyes when Primate Ayodele called his name. The man of God mentioned that he has been dedicated to the church’s service and has given his best whenever it is necessary.

 

Also, the two accountants of the church who were recipients couldn’t hide his joy when Primate Ayodele announced their names. The prophet who rewards good deeds appreciated them for being transparent and trustworthy over the years.

 

The media aide, Osho Oluwatosin obviously didn’t expect to receive a car gift from the prophet. He was visibly shaking when he was called upon to receive his car gift from Primate Ayodele.

 

Also, other dedicated church members were given tricycles and mini-buses for their support to the church.

 

Apart from these, a cheque of N200,000 was presented each to 11 journalists to empower them for supporting the man of God over the years. Primate Ayodele in his philanthropic attitude promised to pay the sum of N350,000 for one of the empowered journalists who has issues with his sight.

 

Furthermore, the widows and less privileged were not forgotten in the largesse. Several of them were given food items, accommodation fee, grinding machines, home appliances, to mention but a few.

 

The youths were also not left out as about 23 students were given scholarships to study in tertiary institutions. To show his generosity further, the man of God presented cheques to some churches to purchase landed properties.

 

In recognition and appreciation of his impact in the society, the Theatre arts and motion pictures practitioners (TAMPAN) led by famous Nollywood actor, Owolabi Ajasa made Primate Ayodele their grand patron and spiritual father.

 

It is worthy of note that Primate Ayodele has always done massive empowerment to celebrate his birthdays on every 14th of February. In previous years, journalists and church members have been given cars, tricycles, scholarships, to mention a few.

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