Wema Bank Plc has assured shareholders of its commitment to conducting the expected rights issue before end of this year adding that it just raised N21 billion Alternative Tier-1 Capital in line with the objective of increasing its capital base…
Nigeria’s most innovative financial institution, Wema Bank Plc, held its 2022 Annual General Meeting yesterday May 31st, 2023 amidst encomiums over the sterling performance of the bank and the huge dividend payout. Specifically, shareholders of the bank commended the board…
Wema Bank has said it donated chairs and tables to Isale Eko Grammar School, in Lagos State. A statement said the act was made possible through Wema Bank’s corporate social investment initiative, the “Salary for Love” campaign. It said Wema…
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…
