Wema Bank has recorded a profit before tax of N102.51 billion. This marks an increase of 135 per cent compared to the N43.59 billion recorded in 2023. The bank has proposed a dividend of N1.00 per share following its strong…
Wema Bank has unveiled an extensive lineup of activities to commemorate International Women’s Day (IWD) 2025, underscoring its strong commitment to gender equality and inclusion. According to the bank, its IWD 2025 event will be held in Lagos under the…
Wema Bank says it aims to further stimulate entrepreneurship, attract investment, and accelerate Nigeria’s economic development by fostering a thriving technology ecosystem that complements the creative economy. Executive Director, Retail and Digital Business, Wema Bank, Mr Tunde Mabawonku, disclosed this…
Reinforcing its reputation as an institution committed to empowering Small Medium Enterprises (SMEs), Wema Bank has undertaken an initiative to empower 800,000 Nigerian businesses; following its Memorandum of Understanding (MoU) signing with the Small and Medium Enterprise Development Agency of…
…Returns as headline sponsor for 2025 NBC Trade Fair Wema Bank, Nigeria’s most innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has reaffirmed its dedication to empowering women-led businesses in the country. This reaffirmation was disclosed…
By Mabel Adeteye Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has undergone a remarkable transformation over the past eight decades. Since its inception in 1945, Wema Bank has established itself as Nigeria’s…
By Seun Ibiyemi Ahead of its 80th anniversary, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has unveiled the identity for the anniversary celebration. Set for Friday, May 2, 2025, the anniversary would…
By Seun Ibiyemi Wema Bank Plc has reported a profit before tax of N102.105 billion for the year ended December 31, 2024, marking a 134% year-over-year (YoY) growth from the previous year. The unaudited Group financial statements, reviewed reveal that…
By Seun Ibiyemi The Managing Director, Wema Bank, Mr Moruf Oseni, on Wednesday disclosed the bank’s plan to raise N200 billion in fresh capital to complete its capital raise exercise. Oseni, who made this known in a statement in Lagos,…
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to reward 131 customers across Nigeria with N11,000,000 in cash prizes, in its first 5 for 5 Promo Season 4 monthly draw of…
