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WEMA BANK
It was a gathering of the creme of the Nigerian society comprising top leaders, renowned entrepreneurs and distinguished bankers, as the immediate past Managing Director/Chief Executive Officer of Wema Bank Plc, Mr. Ademola Adebise, launched his memoir in Lagos on Tuesday.
Wema Bank Plc has released its unaudited financial statement for the full year 2023, posting a pre-tax profit of N30.46 billion, marking a 104.7% growth from the N14.88 billion recorded in FY 2022.
Wema Bank started a substantial rights issue, offering 8,572,103,573 ordinary shares at N4.66 per share, based on a two-for-three ratio.
Wema Bank announced that it raised N40 billion earlier this month, ahead of a possible banking industry recapitalization exercise.
The deployment of funds into investments that generate a measurable and beneficial social or environmental impact alongside a financial return on investment (UNDP).
Nigerian leading commercial banks recorded significant FX revaluation gains estimated at a combined gain of about N1.7 trillion in the first half of 2023, a significant increase compared to a combined gain of N66.559 billion in H1 2022.
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the launch of the Hackaholics Digital Summit 2023, Africa’s largest gathering of innovators, disruptors, regulators, policymakers, investors & customers in the digital space.
Wema Bank, Nigeria's leading innovative bank, has partnered with the Federal Government of Nigeria to establish digital and skill innovation hubs across states in the country, with a target to empower one million youths with digital and other relevant skills.
Wema Bank reported its 2023 second-quarter results showing pre-tax profits grew by 109.57% year on year, reaching N5.87 billion.
GSK Nigeria Plc highlighted some of the ways Nigeria's forex crisis is affecting drug production/availability in the country.
Wema Bank raked in N6.1 billion from its electronic banking channels in 2022 as more customers were onboarded on ALAT.
Wema Bank has released its audited financial statements for the year 2022 which ended 31st December showing strong financial performance.