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Entertainment Meets Finance: Wema Bank’s CEO Parleys Davido on Collaboration

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In what will be recorded as a historic occasion in the worlds of entertainment and finance, globally acclaimed Nigerian music artist, Davido met with Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, to explore opportunities for collaboration and transformation between the finance and entertainment industries.
The momentous meeting of minds took place at the bank’s headquarters in Marina, Lagos and according to Oseni, signifies the convergence of visionary leadership, creative brilliance, and a shared commitment to innovation. Wema Bank Plc, a leading financial institution in Nigeria, recently welcomed a new Managing Director, injecting fresh perspectives and a dynamic vision into the organization.
“Wema Bank and Davido are both innovative brands that recognize the immense potential that arises from the fusion of finance and entertainment, setting the stage for groundbreaking initiatives that will captivate audiences and revolutionize customer experiences”, Oseni said in his welcome address to the global music sensation and trendsetter who has captured the hearts of millions worldwide. Oseni further acknowledged Davido’s entrepreneurial prowess and influential persona which have propelled him beyond the music industry, making him a force to be reckoned with in various business sectors. “Davido is well known for his unwavering dedication to excellence and having a finger on the pulse of the ever-evolving entertainment landscape.”
The meeting with Davido serves as a catalyst for transformative change and positions Wema Bank as a pacesetter in the intersection of finance and entertainment. The bank’s commitment to customer-centric innovation and providing accessible banking solutions aligns seamlessly with Davido’s mission to empower and uplift his fan base.
Oseni insisted “We are fusing finance and entertainment with the aim of delivering innovative solutions that resonate with our customers. Together, we will drive positive change and create extraordinary experiences.”
In celebration of the sixth anniversary of ALAT, Wema Bank’s digital banking platform, Davido also Wema Bank’s brand ambassador, has been brought on board to curate a series of exciting giveaways. It is an opportunity to showcase the strength and growth of the ALAT brand, offering customers and fans a chance to win exclusive prizes and experiences. The giveaways are tokens of appreciation for the continuous support and loyalty shown by customers over the years.
By leveraging their combined strengths, Davido and Wema Bank aim to further set new benchmarks in their respective industries while driving social impact and financial inclusion.
It promises to be a remarkable collaboration that will reshape the landscape of finance and entertainment, creating lasting experiences and opportunities that transcend traditional boundaries.
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Entertainment

Popular Live Band Leader, Akin Shuga Dies at 50

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Renowned Nigerian musician and live-band leader, Akinloye Tofowomo, popularly known as Akin Shuga, is dead.

The celebrated performer and founder of Shuga Band died on October 30, 2025, in New Brunswick, Canada, at the age of 50.

His family, in a statement on Monday, described him as a “revered music icon, grandmaster, and custodian of rhythm, culture, and the spirit of performance.”

The statement added, “Akinloye Tofowomo was more than a musician; he was a custodian of rhythm, culture, and the spirit of performance.

“Across more than three decades of excellence — on stage and in mentorship — he redefined what it meant to lead a band with grace, mastery, and purpose. To countless admirers at home and abroad, he was both an inspiration and an institution: a true king in his art.

“As the family comes to terms with this immeasurable loss, we humbly request privacy and quiet reflection at this deeply difficult time. We wish for the space to find closure and to honour his life in the intimacy of loved ones and cherished memories.

“Further details, including dates and arrangements for memorial observances, will be communicated in due course.

“We extend heartfelt appreciation to all who have reached out with prayers, tributes, and kind words. Akinloye Tofowomo’s legacy, through the Shuga Band and Shuga Entertainment, will continue to live on.”

Born on January 6, 1975, in Ile-Oluji, Ondo State, Akiin Shuga’s life was defined by resilience, passion, and purpose.

Stricken by polio at the age of five, he defied physical challenges to become one of Nigeria’s most accomplished live-band performers and music entrepreneurs. His story mirrored Nigeria’s own revival of live music as an essential part of its cultural identity.

In 1998, he founded the Shuga Band, which began performing at Pintos in Ikeja, Lagos. Over the years, the band grew into a 14-member ensemble known for its electrifying performances at weddings, corporate events, and state functions.

His company, Shuga Entertainment, became a model for professionalism and excellence in live performance, combining artistry with discipline.

Akiin Shuga also served as the founder and president of the Association of Music Band Owners of Nigeria, where he worked to elevate standards within the live-music industry and promote fair treatment for musicians.

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Don Jazzy Names Top 5 All-time Afrobeats Songs, Albums

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Mavin Records boss, Don Jazzy, has unveiled his list of favorite Afrobeats songs and albums, spotlighting the classics that propelled the genre from local streets to international acclaim.

In a RollingStone Africa interview, the producer paid homage to the Mo’ Hits era he co-built with D’Banj, while crediting pioneers who shaped the sound.

His top songs include 2Baba’s African Queen, which he said opened global doors for Afrobeats and Wizkid’s Ojuelegba for its authentic storytelling.

D’Banj’s Fall in Love earned praise as a continental anthem from Mo’ Hits, while 9ice’s Gongo Aso was lauded for blending Yoruba tradition with pop.

Davido’s Aye rounded out the list for its Highlife-infused energy.

For albums, Don Jazzy singled out Wande Coal’s Mushin 2 Mo’Hits, which he produced as a timeless masterpiece.

He also named 2Baba’s Grass 2 Grace, Wizkid’s Superstar, D’Banj’s The Entertainer, and Aṣa’s self-titled debut as foundational works that influenced today’s stars.

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NBA Condemns Alleged Court Order Forcing TikTok Creators to Marry

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The Nigerian Bar Association (NBA) has condemned an alleged order by a Magistrate Court in Kano State reportedly directing two social media content creators, Idris Mai Wushirya and Basira Yar Guda, to marry each other within 60 days.

The court directive reportedly followed a case against the duo over the circulation of a video deemed “indecent” by state authorities.

The content, which went viral on TikTok and other platforms, featured affectionate scenes between the two influencers.

The Kano State Films and Video Censorship Board claimed the video violated public morality and religious codes governing conduct in the state.

Magistrate Halima Wali reportedly handed down the marriage directive on Monday after arraigning the pair on charges relating to the production and distribution of obscene content online.

Reacting to the development, NBA President Afam Osigwe described the court order as a “grave misunderstanding of the limits of judicial authority under the Nigerian Constitution and constitutes an affront to the fundamental rights of the individuals concerned.”

Osigwe noted that no court has the power to compel any person to marry another person or two persons to mandatorily marry, adding: “It is indeed unconstitutional and therefore unlawful for any court to purport to have power to make such an order.”

He added that such an order would constitute a violation of several fundamental rights guaranteed under the 1999 Constitution of the Federal Republic of Nigeria (as amended).

“Marriage, by its very nature, is a voluntary union between consenting adults. It cannot, under any circumstance, be imposed as a form of punishment, moral correction, or judicial remedy.

“No court in Nigeria possesses the constitutional authority to compel two persons to marry, and any attempt to do so violates the rights to personal liberty, dignity of the human person, and privacy as guaranteed under the 1999 Constitution (as amended).”

The alleged order, according to the NBA president, is an example of judicial overreach that not only infringes on personal freedoms but also could undermine public trust in the legal system.

“The courts must remain the bastion of justice and protectors of constitutional rights, not instruments for enforcing social conformity or moral compulsion,” Osigwe added.

The NBA then called for an immediate review of this decision by Magistrate Halima Wali and urged the relevant judicial authorities to take steps to prevent a recurrence of such unconstitutional orders.

It also directed the NBA Citizens’ Liberties Committee and Women’s Forum to monitor the situation to ensure that the rule of law prevails.

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