This spotlight is on the 10 best-performing stocks within the NGX 30 in 2025 so far, ranked by how much their share prices have appreciated this year.
Wema Bank, through its women’s network, the Wema Women Network, in partnership with Evolve with Edememe, hosted the...
Several Nigerian commercial banks have resumed international transactions on Naira-denominated debit cards, after nearly three years of suspension, allowing customers to make payments on global platforms once again.
Global credit rating agency Fitch Ratings has upgraded Wema Bank’s National Long-Term Rating from BBB(nga) to A–(nga), reflecting improved financial stability and a stronger growth outlook for the bank.
In 2024, Nigeria's top banks reaped the benefits of a volatile but profitable macroeconomic environment, with nine listed banks- Access Holdings, FCMB, Fidelity, First Holdco, GTCO, Stanbic IBTC, UBA, Wema Bank and Zenith, posting a combined profit after tax (PAT) of N4.786 trillion.
As inflation persists and the war for top talent intensifies, Nigerian banks are responding in markedly different ways when it comes to employee pay.
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced that it will be completing its capital raise through a combination of a Rights issue and Special placement exercise set to go live on April 1, 2025, with the goal of raising N200 billion in fresh capital.
Wema Bank Plc wrapped up the fifth edition of its Hackaholics program, a flagship innovation challenge aimed at empowering tech-savvy youth to develop groundbreaking solutions for societal impact.
Wema Bank has unveiled significant leadership changes with the appointment of Oluwole Ajimisinmi as the new Deputy Managing Director and Olukayode Bakare as Executive Director, both set to assume their roles on December 1, 2024.
Wema Bank released its third-quarter results, showing that pre-tax profits rose to N30.050 billion, compared to N10.059 billion recorded in the corresponding quarter of 2023.
Wema Bank recently held its first half year 2024 investor where it was established that talks about a merger or acquisition is still premature.
A Federal High Court in Abuja has denied a motion by the Inspector General of Police (IGP) seeking an order to compel approximately twelve banks and financial institutions to reverse billions of naira that were allegedly fraudulently withdrawn from a Flutterwave account at Wema Bank.
