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…
Wema Bank, Nigeria’s leading financial institution known for its dedication to social responsibility, marked a momentous occasion as it made a substantial donation of chairs and tables to Isale Eko Grammar School. The heartfelt gesture, a testament to Wema Bank’s…
Wema Bank, the leading innovative bank in Nigeria, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) in Nigeria – the Wema SME Business School 5.0. The programme aims to equip SME business owners…
Wema Bank, Nigeria’s leading innovative bank, has unveiled the latest brand jingle for its digital banking application, ALAT by Wema which is set to become an instant hit with customers and music lovers alike. The new jingle is part of…
Nigeria’s fuel subsidy removal has been a contentious issue that has attracted significant attention in recent years. The economic impacts of this policy shift have been discussed and analyzed by policymakers, economists, and businesses across the country. Against this backdrop,…
Wema Bank’s interest income grew 43 per cent to N108.04 billion in 2022 driven by the most contribution from loans and advances to banks and customers. The tier-2 bank’s total interest income comprises loans and advances to banks and customers…
Wema Bank recorded a boom in its electronic banking channels in 2022 as it generated N6.1 billion from digital platforms. The bank disclosed this in its 2022 audited financial statement recently released. The 2022 e-banking revenue represents a 79 per…
Wema Bank Plc has released its audited financial statements for the year ended 31st December 2022, revealing strong financial performance despite macroeconomic headwinds. The bank’s Profit Before Tax grew by 20.25 per cent to N14.8 billion as against N12.37 billion…
Wema Bank Plc in a statement been released has announced Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective from April 1, 2023. While briefing, it was noted that, after serving in acting capacity since January 1,…
By Olumide David Wema bank Plc championed financial literacy for the next generation by participating in the Global Money Week to commemorate the Financial Literacy Day. According to a press release, in line with the theme, “Plan your Money, plant…
