Wema Bank

Wema Bank has declared its intention to expand aggressively as it eyes a place among Nigeria’s tier-one lenders in the near future. The Managing Director and Chief Executive Officer of Wema Bank, Moruf Oseni, revealed the…

Wema Bank Plc has reported a profit before tax of N221.8 billion in its audited 2025 financial results, slightly below its earlier unaudited figure of N222 billion. The performance marks a significant 116.4% increase from the…

Wema Bank has launched its 2026 Valentine’s Day campaign as part of activities marking the rollout of new features on its digital banking platform, ALAT. The campaign, themed “Evolution of Love,” is inspired by the recent…

First Bank and Wema Bank are joining forces with the National Senior Secondary Education Commission (NSSEC) to upgrade senior secondary schools across Nigeria. The partnership will provide better classrooms, digital learning tools,…

By Jeremiah Agada & Toyosi Olajide In recent years, Nigeria and Nigerians have come to prepares for the most celebrated month of the year, December. As if on cue, content creator and musician Nasboi officially ushered us…

Wema Bank has rolled out two new features on its digital payment gateway, ALATPay, Static Wallets and Instant Settlement to simplify payments, enhance efficiency, and accelerate business growth. The bank through a statement…

More mergers to create mega financial brands are expected in the near future, as only six commercial banks have so far met the stringent new capital thresholds set by the Central Bank of Nigeria (CBN) out of the 13 listed on the…

Wema Bank Plc (“the Bank”) announces the successful completion of its ₦150 billion Rights Issue, which opened on April 14th,2025, and closed on May 21st,2025. The exercise has received formal approval from the Central Bank of…

Wema Bank Plc has raked in N157bn from the successful conclusion of the first phase of its capital-raising exercise, surpassing its recapitalisation target. The bank which had set out to shore up its regulatory capital in line…

Wema Bank Plc has released its unaudited consolidated financial statements for the half-year (H1) period ended June 30, 2025, to the Nigerian Exchange Limited (NGX). The result was a financial upturn including a Profit Before…