Fitch upgrades Wema Bank’s National Rating to A–(nga), outlook raised to positive
Global credit rating agency Fitch Ratings has upgraded Wema Bank’s National Long-Term Rating from BBB(nga) to A–(nga), reflecting improved financial ...
Tag: wema bank
Government earned N1.2 trillion from Nigerian banks in 2024, more than shareholders
In 2024, Nigeria's top banks reaped the benefits of a volatile but profitable macroeconomic environment, with nine listed banks- Access ...
Which Nigerian banks pay their staff the most and the least in 2024
As inflation persists and the war for top talent intensifies, Nigerian banks are responding in markedly different ways when it ...
Wema Bank announces final tranche of capital raise exercise
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced that it will ...
Wema Bank concludes Hackaholics 5.0, increases total prize pool from N75 million to N145 million
Wema Bank Plc wrapped up the fifth edition of its Hackaholics program, a flagship innovation challenge aimed at empowering tech-savvy ...
Wema Bank announces leadership transition as Oluwole Ajimisinmi and Olukayode Bakare take key positions
Wema Bank has unveiled significant leadership changes with the appointment of Oluwole Ajimisinmi as the new Deputy Managing Director and ...
Wema Bank posts N30 billion Q3 Profit, nine-month pre-tax profit hits N60.6 billion
Wema Bank released its third-quarter results, showing that pre-tax profits rose to N30.050 billion, compared to N10.059 billion recorded in ...
Wema Bank to raise N150 Billion new capital: Merger or acquisition talks premature
Wema Bank recently held its first half year 2024 investor where it was established that talks about a merger or ...
Nigerian Court refuses Police request to reverse billions allegedly withdrawn by POS agents in 2023 glitch
A Federal High Court in Abuja has denied a motion by the Inspector General of Police (IGP) seeking an order ...
#EndBadGovernance protests: Bankers work from home, as NGX operations unaffected
In response to the ongoing #EndBadGovernance protests, some banks in Nigeria have implemented remote work policies for their employees.
