Aradel, Wema Bank join NGX 30 index after semi-annual rebalancing
The Nigerian Exchange Limited (NGX) has disclosed the exit of Conoil and Julius Berger from the NGX 30 Index, a ...
Tag: Wema Bank Plc
Wema Bank to raise N50 billion via private placement as it moves to meet CBN’s recapitalization target
Wema Bank has announced plans to raise N50 billion through a private placement, as part of its strategy to meet ...
Shareholders commend Wema Bank at 2024 Annual General Meeting
Reinforcing its position as one of Nigeria’s most profitable financial institutions, Wema Bank, Nigeria’s oldest indigenous bank, most innovative bank ...
Wema Bank’s reports pre-tax profit of N41.1 billion as higher interest income propels growth
Wema Bank Plc has published its financial results for the first quarter of 2025, reporting a pre-tax profit of N41.1 ...
Wema Bank hits N433 billion in gross earnings, profit surges to N102 billion in 2024, the highest in five years
Wema Bank Plc has delivered its strongest financial performance in at least five years, reporting a remarkable surge in both ...
Wema Bank’s pre-tax profit soars 134% to N102 billion in 2024
Wema Bank Plc has reported a profit before tax of N102.105 billion for the year ended December 31, 2024, marking ...
Wema Bank Plc reports 270.71% growth in Q2 2024 pre-tax profit
Wema Bank Plc has reported its Q2 2024 results showing pre-tax profits grew by 270.71% year on year to N19.416 ...
Agusto & Co. upgrades Wema Bank Plc to “Bbb+”
In its June 2024 report, Agusto & Co., a credit rating agency, upgraded Wema Bank Plc from a “Bbb” rating ...
Wema Bank shareholders approve N200 billion capital raise
Shareholders of Wema Bank Plc, one of the nation’s oldest commercial banks, have approved the bank’s quest to raise N200 ...
Wema Bank to remain national bank, to open branches in South East
The Managing Director/CEO of Wema Bank Plc, Moruf Oseni has declared that the bank will retain its national banking license ...
