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Corporate Citizenship

LG Electronics’ IFTAR Initiative Brings Joy to Many

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LG Electronics, a global leader in technology and innovation, has once again demonstrated its commitment to making a positive impact on communities by organizing a grand IFTAR feast during the holy month of Ramadan. With a steadfast commitment to community support and giving back, LG Electronics served delicious meals to hundreds of people in need.

LG Electronics recognizes the significance of solidarity and compassion during this special time of year. The IFTAR feast, which took place in 2 major Mosques in Magodo Shangisha and Naiwarudeen Society of Nigeria, Oshodi, Lagos State, saw delicious meals being served to hundreds of individuals, bringing joy and unity to all who attended.

Ramadan is a time of reflection, spirituality, and compassion. It is a month when Muslims around the world fast from dawn till dusk and break their fasts with IFTAR meals. However, many individuals and families struggle to afford a proper meal during this sacred month. LG Electronics aimed to make a difference by organizing an IFTAR feast that brought the community together and provided nourishment to those in need.

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Commenting on the initiative, the Managing Director, LG Electronics West Africa, Mr. Hyoung Sub Ji, stated, “We are delighted to be able to extend our support to the community during this auspicious month. Ramadan is a time for giving, and we feel privileged to have the opportunity to make a positive impact on the lives of others. We hope that the IFTAR feast brought joy and comfort to those who needed it most.”

“LG Electronics remains dedicated to our “Life’s Good” initiative that contributes to the well-being and happiness of society. By harnessing the power of technology and innovation, we strive to uplift communities and foster an environment of inclusivity and kindness”. Mr. Sub Ji added

Expressing gratitude to the management of LG Electronics, the President/Amir, of Islamic Education, and Faith Initiative (IEFI), Alhaji Olaide Osikoya of the Magodo Mosque said “We are immensely grateful for the generous gesture extended by the management of LG during this critical period. As the leader of the mosque, I am deeply moved by the support shown through this IFTAR initiative. The impact of this kindness is profound not just for me, but for all those benefiting from it. Such acts of compassion truly strengthen the bonds within our community and serve as a beacon of hope and unity. We thank the LG wholeheartedly for their benevolence, and may this spirit of giving continue to inspire others to make a difference in the lives of those in need.”

In the same vein, the Amir of Naiwarudeen Society of Nigeria, Oshodi, Alhaji Alaran Muhibdeen said, “LG’s thoughtful gesture during this sacred time has surely resonated with Allah by acknowledging those who fast to meet their needs. This act of kindness will not go unnoticed and will be rewarded abundantly. We express our heartfelt gratitude to you and your organization for this compassionate action.”

The IFTAR feast hosted by LG Electronics exemplified the company’s core values of empathy, inclusivity, and social responsibility. Through initiatives like this, LG aims to contribute to the well-being of communities worldwide, spreading joy and making a meaningful difference in the lives of those in need.

LG Electronics’ dedication to social responsibility serves as a prevailing reminder that businesses can play a pivotal role in driving societal change and fostering sustainable growth. By prioritizing community connections and making a difference, LG Electronics is exemplifying how corporate leadership transcends profits to create a better world for all.

Corporate Citizenship

Children’s Day: Moniepoint celebrates children, promotes financial literacy

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Children’s Day Celebration Event (Image: Supplied).

In recognition of the transformative power of education and children as the lynchpin of a nation’s future, Africa’s fastest growing financial institution according to the Financial Times, Moniepoint Inc has provided opportunity for kids in low-income and underserved communities in Lagos to receive life-changing financial literacy in a fun, and relaxed environment to commemorate this year’s Children’s Day celebration. 

At an august celebration which was held at the Let It Shine Academy, LISA in Lagos, students were provided with school bags, books, educational tablets and learning accessories to power academic aspirations, as volunteers from Moniepoint took them through interactive and engaging sessions around budgeting, savings and spending,earning money, investing, personal financial management so as to instill a positive culture of financial literacy. 

Children’s Day prioritizes children’s rights and participation in the wider world and financial literacy is a very important life skill considering that financial decisions cut across every aspect of their lives, and a solid foundation in this regard can transform them and the nation at large. 

Speaking to Moniepoint’s observance of Children’s Day, Aderayo Adesokan, Manager, Brand and Communications, Moniepoint Inc said, “We are here at LISA to celebrate Children’s Day with the kids. For us at Moniepoint, we are firm believers in powering the dreams of not just businesses or individuals but those associated with them, especially a vulnerable segment like the children. We believe that we can serve as a catalyst to their dreams while helping them understand that as a brand we exist to ensure a society where everyone experiences financial happiness and we’ll be there for them. 

We are excited that this platform has afforded us the opportunity to introduce these kids to critical life changing skills around financial inclusion and literacy, and help them better under the concept of money. It is our expectation that armed with the information and skills that they have received, they in turn are well positioned and better able to educate their friends and family such that Nigeria’s socio-economic development is safe guarded even as all stakeholders continue to work towards entrenching UN’s Sustainable Development Goals.”   

According to Damilola Feyide, Founder & Executive Director of LISA“At LISA, we’re not just teaching; we’re elevating communities through digital empowerment, creative learning, and skill development. We believe in equipping the youth for a rapidly evolving future where they can thrive and lead. I am grateful to Moniepoint for supporting our vision and bringing the dreams of a lot of the kids to pass. They have demonstrated in very clear tones by their actions that it is possible to end neglect and marginalization & provide equal opportunity for children to fully develop especially in underserved communities.” 

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Moniepoint provides over 3 million people and businesses across Nigeria with access to banking, payments processing, loans and business management tools that they need with a view to helping them thrive and contribute to economic growth while driving financial inclusion across the country. LISA is empowering Nigeria’s future by providing free & quality secondary education for children from low-income households and marginalized kids.

Watch a recap of the event  – https://bit.ly/LISAChildrensDay

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NGOs - SDGs

Climate Launchpad: Beyond competition, a catalyst for change

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Climate Launchpad Competition 2023 Image.

Despite the success of The Climate Launchpad Competition 2023, Climate Launchpad through the support of Climate-KIC and Irish Aid provided additional support to the participants of the competition through the Post-Climate Launchpad Accelerator. Given that the majority of the participants are early-stage businesses, capacity building is a necessity. The post-competition support is divided into 2, The masterclasses that are being handled by the Climate Launchpad Global team which has participants from over 7 African countries, and The national capacity-building session handled by the Climate LaunchPad Nigeria Team. 

The Masterclass session featured a business-changing session on important modules like funding options & Instruments, Gender and Climate, Communications and Storytelling, Climate Impact etc.  The national capacity-building session focuses on marketing strategies, practical and optimal use of social media and analytics. As an early-stage business in Nigeria, one of the major challenges you face is reaching and communicating with your potential customers at the market entry stage. The modules were selected after feedback from alumni of the competition. 

The modules have been proven to be useful as we have started seeing the tractions of the businesses on social media. Overall, the post-competition support program has been no short of helpful to the businesses. We had 5 active participants from Nigeria who have expressed their gratitude for the post-competition support. Each of them will be given a grant of EUR200 to facilitate their marketing and social media usage.

The National Lead for Climate Launchpad Nigeria, Oluwatosin Ajide affirms the importance of the accelerator program “If we have more competition dedicating their support beyond just the pitching like Climate Launchpad does, We would have more green businesses with solid foundations”. He also thanked the Climate Launchpad central team and the sponsors the Climate-KIC and Irish Aid for their constant support in building the green ecosystem in Nigeria.

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NGOs - SDGs

GEANCO Foundation and Archewell Foundation Announce Mental Health Initiative for Nigerian Youth

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The GEANCO Foundation and The Archewell Foundation has announced an expansion of their partnership, currently serving girls and young women across Nigeria with menstrual health products and education, to include mental health resources and training for young men and women. 

This expanded partnership kicked off with its inaugural Mental Health Summit, taking place over two days and serving nearly 200 students in Abuja, Nigeria’s capital. Prince Harry and Meghan, The Duke and Duchess of Sussex and co-Founders of The Archewell Foundation opened the Summit by delivering inspiring remarks to the young people in attendance.

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GEANCO intends to hold summits throughout the country over the next year, providing teenage girls and boys with the information, skills, and coping mechanisms necessary to flourish mentally.

“Youth in Nigeria are critically underserved in terms of mental and menstrual health”, said GEANCO’s CEO Afam Onyema.  “I am deeply grateful to The Duke and Duchess for partnering with us to address this crisis and provide this vulnerable but inspiring young generation with what they need to thrive in body, mind and spirit.”  

A strong stigma also surrounds mental health in Nigeria, which is critically neglected in the country. The World Health Organization estimates that only 3% of the federal government’s health budget goes to mental health, and while up to one-third of Nigerians have mental health challenges, fewer than 500 mental health professionals serve the country’s 200 million plus citizens.  Nigeria’s teens and youth in particular have little to no access to mental health support.

The expanded partnership will also continue the ongoing work to support young girls with menstrual health products and education. An estimated 37 million women and girls in Nigeria experience “period poverty”, meaning they are unable to access or afford menstrual products like pads, tampons, and underwear. Because of the material difficulties caused by period poverty and the deep stigma surrounding menstruation, millions of girls in the country miss school every month, crippling their educational advancement and deepening Nigeria’s already vast levels of gender inequality.

GEANCO Foundation provides critical health care and education services in Nigeria. Its David Oyelowo Leadership Scholarship provides full tuition, medical care, and social and emotional support to young female victims of terrorism and gender inequality in Nigeria.

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