Wema Bank Plc, known as Nigeria's fifth oldest bank, reported in a recent notice that it plans to seek approvals from its shareholders for measures like mergers and acquisitions, takeovers, and busine...
Wema Bank Plc has announced its Profit Before Tax as it shows that it rose 130% to N21.76bn at the end of Q3 2023 which settled at the corresponding year which stood as N9.46bn in 2022.The breakdown o...
Wema Bank Plc said it would target a share placement or a public offer ahead of its forthcoming industry recapitalization order, which will target a share placement after the bank raised N40 billion i...
Wema Bank Plc recently commenced its right issue to get about N39.95 billion from its existing shareholders.According to the findings by THISDAY, the subscriptions for the rights issue would commence ...
As Nigerian banks continue to endorse digitalization, there has been a shift in revenue. In the first half of 2023, the total revenue generated from electronic transactions was N192.010 billion. These...
Africa's leading payment technology, Flutterwave made a special announcement on the launching of Swap. The announcement was made by the CEO and founder of Flutterwave on September 11, 2023, in Lagos, ...
Wema Bank has appointed a new Board Chairman in the person of Dr. (Mrs.) Oluwayemisi Olorunshola. This came in after the Board of Directors of Wema Bank Plc made the announcement.This directive was ma...
Wema Bank has announced the appointment of Mr. Moruf Oseni as the new Managing Director/CEO, effective from April 1, 2023. Oseni, who has been serving in an acting capacity since January 1, 2023, take...
Investors in the Nigerian Exchange Limited had reason to cheer on Tuesday as the market recovered from a bearish run and posted a N10bn gain. The equities market capitalisation rose by 0.03 per cent t...
Banking is a big business in Nigeria, and the top banks are paying huge sum of salary to help the Nigerian economy. We collected data on all Nigerian banks; well, the top banks, and here is the ...