Debtors including companies and individuals owed 12 commercial banks in the country N23.9 trillion as at the end of March last year. The banks disclosed this...
Nigeria’s oldest surviving indigenous bank, Wema Bank Plc, has started arrangements to undertake a capital reduction exercise to clean its balance sheet of legacy losses and...
Wema Bank Plc conclusively closed the transaction for the sale of its 75 per cent majority equity stake in Great Nigeria Insurance (GNI) Plc to relatively...
Wema Bank Plc has sold its majority equity stake of 75 per cent in the 56 years old Great Nigeria Insurance (GNI) Plc to Insurance Resourcery and Consultancy...