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WEMA BANK PLC
The share capital of Wema Bank Plc, one of Nigeria’s Tier 2 financial institutions, rose by a significant 66% with the listing of 14,143,244,747 additional ordinary shares on the Nigerian Exchange Limited (NGX) on Tuesday, September 30, 2025.
Falcon Aero, a Nigerian business aviation platform founded in 2022, has secured a US$10 million financing facility from TLG Capital and Wema Bank for its subsidiary, VivaJets.
Wema Bank has been a standout performer, leading the banking stocks in Nigeria.
Wema Bank has exceeded the Central Bank of Nigeria’s (CBN) capital requirement for commercial banks with national authorization,...
Wema Bank Plc has reported a pretax profit of N100.5 billion for the six months ended 30 June 2025, up 229.12% from N30.5 billion recorded in the same period of 2024.
The Nigerian Exchange Limited (NGX) has disclosed the exit of Conoil and Julius Berger from the NGX 30...
Wema Bank has announced plans to raise N50 billion through a private placement, as part of its strategy to meet the N200 billion minimum capital requirement set by the Central Bank of Nigeria (CBN) for banks with national authorization.
Reinforcing its position as one of Nigeria’s most profitable financial institutions, Wema Bank, Nigeria’s oldest indigenous bank, most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received a unanimous vote of confidence from its shareholders across Nigeria as it disclosed a record-breaking financial performance at its 2024 Annual General Meeting (AGM).
Wema Bank Plc has published its financial results for the first quarter of 2025, reporting a pre-tax profit of N41.1 billion, fueled by an increase in interest income.
Wema Bank Plc has delivered its strongest financial performance in at least five years, reporting a remarkable surge...
Wema Bank Plc has reported a profit before tax of N102.105 billion for the year ended December 31,...
Wema Bank Plc has reported its Q2 2024 results showing pre-tax profits grew by 270.71% year on year to N19.416 billion.