Wema Bank gives grant to top 3 MSME business pitches at Lagos Leather Fair 2025
By Jeph Ajobaju, Chief Copy Editor
Wema Bank has given N1 million grant each to the top three Micro, Small and Medium Enterprises (MSME) winners in a business pitch competition at the Lagos Leather Fair 2025 being sponsored by the bank.
The winners are EwaOluwa Morenikeji of House of Ewa Limited, Joy Fache James of Paciencia, and Fatima Yusuf of House of Zibima.
The gesture capped off Wema Bank’s celebration of World MSME Day, reinforcing its commitment to supporting Nigerian MSMEs and empowering them with the resources, tools, as well as the support they need to thrive, scale, and remain sustainably profitable.
The businesses expressed gratitude to Wema Bank for its unwavering support and intentional approach to accelerating local businesses towards success.
One of the winners, EwaOluwa Morenikeji, founder and CEO of House of Ewa Limited, shared insight into the specific aspects of her modern bag making business where she would channel the grant and expressed appreciation to Wema Bank for supporting the growth of the enterprise.
Her words: “I am deeply grateful for this opportunity to put my business out there and get the support I need to scale. This is definitely going to impact my business.
“I intend to use this money to expand my business, get better machinery and ensure that our output continues to get better and better.
“This will help my business growth and I thank Wema Bank for thinking of small businesses like mine and supporting us.”
Wema Bank MD/CEO Moruf Oseni reiterated its commitment to championing accelerated growth in the MSME sector towards improving national macroeconomic conditions.
He said: “MSMEs present a two-fold opportunity for us at Wema Bank. With MSMEs constituting the bulk of the economy, empowering MSMEs not only translates to stimulating Nigeria’s economy, but even more importantly, it means extending the reach of our impact to the grassroots and providing support for the people to thrive both personally and professionally.
“For 80 years, we have remained committed to this lifelong mission of empowering lives and businesses, and relenting will never be an option for us.
“We will continue to meet MSMEs at their points of need, create tailored opportunities for them to thrive and remain innovative in shaping the future of Africa’s MSME sector, journeying with businesses, all the way.”
The Lagos Leather Fair, the biggest in West Africa, is an annual showcase of the leather industry in Africa.
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