D’banj Advocates For Use Of Intellectual Property As Collateral For Loans

D’banj Advocates For Use Of Intellectual Property As Collateral For Loans

 

 

 

 

Popular Nigerian singer, Oladapo Oyebanjo, popularly known as D’banj, has advocated the use of intellectual property as collateral for obtaining bank loans, the News Agency of Nigeria reports.

A statement issued on Friday by the singer’s manager, Damian Okoroafor, quoted the artiste as saying this in Abuja, at the inauguration of the Nigerian Export-Import Bank’s Women and Youth Export Fund platform for easy access to funds.

D’banj said, “Our creative industry is a bigger and better export than the oil industry. So, there is the need for more access to stress-free funds for those in the creative industry, using their intellectual property as collateral.

“When you look around the world, one of our biggest exports is the creative sector, thanks to our music, movies and photos.

“So, WAYEF is another opportunity to fully throw some weight behind the creative industry, through capacity training or access to funds.”

Recall that D’banj recently rewarded five young talented Nigerians, in different fields, with one million naira each to develop themselves through his Cream Platform, which is supported by Heritage Bank’s YNSPYRE Initiative.

Angela Davies

Recent Posts

SDNON Unveils Ambitious Plans For 2025, Celebrates Outgoing Executives

The newly elected SDNON excos have unveiled their ambitious plans for 2025 and celebrated the outgoing executives.…

8 hours ago

Primate Ayodele Releases 2025 Prophecies For All Sectors

The leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has released his 2025…

18 hours ago

Timeless Tunes: How Throwback Songs Bond Africans In 2024

Music has always been central to African culture, reflecting societal changes while connecting generations. In…

2 days ago

Sinach To Feature In Global Christian Event, Gather25

Sinach is set to feature in the global Christian event, Gather25.   Glamtush reports that Gather25,…

2 days ago

Yahaya Bello Released After Meeting Bail Conditions

Yahaya Bello has been released after meeting his bail conditions.   Glamtush reports that former…

2 days ago

Makinde Cancels Birthday Celebration To Honour Ibadan Stampede Victims

Makinde has cancelled his birthday celebration to honour the Ibadan stampede victims.   Glamtush reports that Governor…

2 days ago