Wema Bank

Wema Bank In Search Of N25 billion, Target Private Investors

Wema Bank records N433bn revenue, net income increases by 139.7%

Wema Bank closed 2024 with N433.43 billion gross earnings, surpassing the N226.91 billion revenue generated in 2023, indicating a year-on-year growth of 91 percent. According to the company’s annual report for the

Prime Business Africa

April 23, 2025

Business·Finance & Economy·News

WEMA Bank, FG Partner To Empower 2 Million Youths, 1 Million MSMEs Nationwide

WEMA Bank and the Office of the Vice President have unveiled plans to launch the FGN/ALAT Digital Skill-Novation Programme, set to impact 2 million youths and empower 1 million Micro, Small, and

Emmanuel Ochayi

September 18, 2023

Business·Markets

Wema Bank, BUA Cement, Others Cost Stock Market Investors N672bn

Wema Bank and BUA Cement are part of the stocks that dragged the Nigerian stock market capitalisation down by N672.02 billion on Tuesday. Following selloffs in these equities, including Lasaco, and PZ,

Fakoyejo Olalekan

July 4, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Nigerian Stock Exchange Slumps, Sheds N21.17 billion To Selloffs In Wema Bank, Others

The valuation of the Nigerian stock exchange depreciated slightly to N30.32 trillion on Wednesday, shedding N21.17 billion. According to the market data obtained from the Nigerian Exchange Limited (NGX), this is a

Fakoyejo Olalekan

May 31, 2023

Business·Insights

Top Five Best Performing Nigerian Banks

Between January to December 2022, the Nigerian banking industry post double-digit growth of 26.92 per cent year-on-year, with the sector generating a combined N5.43 trillion in total revenue from 11 commercial banks.

Fakoyejo Olalekan

May 10, 2023

Seplat Energy, Total Lead List Of Highest Paying Companies In Nigeria

Business·Markets

Investors In Cadbury, Wema Bank, Others Lose N27.58 billion In Stock Trading

About N27.58 billion was lost in the Nigerian bourse on Friday, 14 April 2023, as the stock market capitalisation depreciated from N28.29 trillion to close at N28.26 trillion on Friday. Also, the

Fakoyejo Olalekan

April 14, 2023

Business·Markets

Sell-Off in Wema Bank, Chams, Others Cost Stock Investors N35.66 billion

The market capitalisation of the Nigerian bourse settled at N30.35 trillion after trading hours on Tuesday, 14 March 2023. Investors lost N35.66 billion when today’s equity capitalisation is compared to the N30.39

Fakoyejo Olalekan

March 14, 2023

Business

Wema Bank In Search Of N25 billion, Targets Private Investors

Wema Bank has announced plans to borrow N25 billion through bond issuance, a corporate document dated 2 March 2023 has revealed. The financial institution said part of the fund will be disbursed

Fakoyejo Olalekan

March 3, 2023

Business·Markets

Investors Earn N256.3 billion, As Stock Market Cap Rises To N28.15 trillion

Investors closed trading on Monday with an N256.3 billion gain, as the market capitalisation appreciated by 0.9 per cent. This raised the market capitalisation up from N27.89 trillion to N28.15 trillion. Similarly,

Fakoyejo Olalekan

January 9, 2023

Business·News

Wema Bank Boss Adebise Retires, New MD Appointed

Wema Bank PLC has announced retirement of its Managing Director/CEO, Ademola Adebise, with effect from 31 March 2023. The bank’s management board has also appointed Moruf Oseni, current Deputy Managing Director to

Victor Ezeja

December 30, 2022

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Wema Bank records N433bn revenue, net income increases by 139.7%

WEMA Bank, FG Partner To Empower 2 Million Youths, 1 Million MSMEs Nationwide

Wema Bank, BUA Cement, Others Cost Stock Market Investors N672bn

Nigerian Stock Exchange Slumps, Sheds N21.17 billion To Selloffs In Wema Bank, Others

Top Five Best Performing Nigerian Banks

Investors In Cadbury, Wema Bank, Others Lose N27.58 billion In Stock Trading

Sell-Off in Wema Bank, Chams, Others Cost Stock Investors N35.66 billion

Wema Bank In Search Of N25 billion, Targets Private Investors

Investors Earn N256.3 billion, As Stock Market Cap Rises To N28.15 trillion

Wema Bank Boss Adebise Retires, New MD Appointed

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