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From Clicks to Progress: S.M.I.L.E Celebrates Youth Digital Pathways at International Youth Day 2024

It’s a call to recognize the immense power that young people hold in shaping our world, especially in this digital age. Our world has...

Business

AfreximBank, BoI, Wema, Others Join Sponsors List Of Africa’s Biggest Leather Fair In Lagos

The organisers said they have secured sponsorship deals with prestigious organisations, including AfreximBank, Bank of Industry (BoI), Wema Bank, Leadway Assurance, Remita, and Ananse.com,...

Business

Wema Bank Concludes 1st Recapitalisation Move With N40bn Rights Issue

In view of macroeconomic conditions, the Central Bank of Nigeria (CBN) in March 2024, launched a recapitalisation programme requiring commercial banks to raise fresh...

Business

CBN debunks rumors of revoking licences of Fidelity, Wema, Polaris, and Unity banks

The Central Bank of Nigeria (CBN) has dismissed rumors of plans to revoke the operating licenses of Fidelity, Wema, Polaris, and Unity Banks. According...

Business

Wema Bank loses ₦685m to fraud, forgery in 2023, records 196% increase in PBT

Wema Bank, a Nigerian tier-2 bank that holds ₦1.8 trillion in customers’ deposits has suffered a loss of ₦685 million to fraud and forgery...

Business

UBA, Wema Bank, others risk sanctions over delay in filing 2023 results

The quartet of United Bank for Africa (UBA), Wema Bank, Zenith Bank and Stanbic IBTC are risking sanctions from the Nigerian Xchange for failing...

Business

Wema Bank Empowers MSMEs With Cutting-edge Collection, Payment Solutions Suite

Boasting both physical and contactless payment options, the MSME collection and payment suite includes ALAT For Business, NQR, ALATPay, MyBusiness Card and the Wema...

Business

Wema Bank rewards customers in “5 for 5 Promo Season 3”

One of the winners of N1m in the 5th monthly draw of the promo held at the University of Lagos is a 23-year-old Yoruba...

Business

Nigerians stranded over cash scarcity, network issues in banks

As Nigerians approach the end of 2023, financial institutions in the country are currently facing a tough time as they have been experiencing service...

News

Wema Bank Plc to raise N39.95bn via Rights Issue

The Rights being offered are tradeable on the floor of the Nigerian Exchange Limited for the duration of the Rights Issue.Acceptance List for the...

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