Some customers of Wema Bank have accused the financial institution of conducting illegal banking practice in Nigeria. They said they discovered that the bank and its...
The Central Bank of Nigeria (CBN) has fined First City Monument Bank (FCMB), Wema Bank and Fidelity Bank over N514.28 million for enabling cryptocurrency transactions among...
Stanbic IBTC, International Breweries and Wema Bank made it into the stock to watch list of Ripples Nigeria following poor turnover and share reconstruction reported last...
The Suspension on Wema Bank Shares has been lifted after the tier-two bank successfully completed its capital restructuring. On Tuesday, 8 March 2022 the bank’s shares...
The Central Bank of Nigeria (CBN) has restricted more customer funds from Wema Bank, as deposits to the lender increased by 15.1 percent in twelve months...
The Nigerian stock market traded 2.027 billion shares worth N59.014 billion in 15,750 deals in four days this week. Despite trading one day less than the...
Wema Bank is to raise N40 billion from its sharesholders as the company seeks funds from the capital market, the board of directors revealed in a...
Ten Nigerian banks reported an increase in customers deposits to N28.7 trillion in the first nine months of 2021. The amount was a 12.6 percent increase...
Following reports that Wema Bank is planning to enter into a merger process, the lender has denied taking such step to boost its competitiveness in the...
The Nigerian stock reported investors traded 2.179 billion shares worth N21.963 billion in 22,438 deals this week. This week’s investment was above the N16.183 billion pumped...
Wema Bank has appointed former Ogun State deputy governor, Olusegun Adesegun as a non-executive director amidst declining customer deposits and earnings. In a letter dated July...
During the week, investors in the Nigerian stock market traded 1.021 billion shares worth N14.145 billion in 17,565 deals. This surpassed last week’s 1.006 billion shares...
Wema Bank was unable to escape the impact of COVID-19 on its earnings as the bank suffered revenue loss last year, a financial statements released for...
The trial of a former Director of Police Pension Office, Atiku Abubakar Kigo, Veronica Oyegbula and four others continued before Justice Hussien Baba Yusuf of the...
A commercial motorcyclist whose identity is yet to be known, and one other person, were on Thursday shot dead when armed robbers attacked a branch of...
During trading last week, there were five companies that got caught the eye of Ripples Nigeria with their trading activities and corporate decisions, which investors need...
The Nigerian stock market, in the week gone by was mostly in a bearish territory, but it managed to pull a total turnover of 1.930 billion...
The week that featured Nigeria’s Independence Day anniversary, beyond the national celebration, accounted for a significant rise in equity, as two startups secured funds from international...
The Wema Bank board has announced its proposal of N0.04 dividend per share translating to a total dividend of about N1.543 billion for Full Year 2019. In its notice to...
Wema Bank Plc has reported a 32.5% increase in its after-tax profit for Full Year 2019 compared to the corresponding period of 2018. The full account...
The Nigerian Stock Exchange (NSE) seems to be finding its footing as the bourse have had 2 weeks closing bullish and depleting the losses. Last week...
Tier-2 lender, Wema Bank Plc and ICT firm, Courtville Business Solution Plc, fell into the losers’ chart in today’s trading session on the floor of Nigerian...
A prosecution witness, Aibangbe Maifuwa, has told a Federal Capital Territory High Court, Apo that a former Inspector General of Police, Mr. Sunday Ehindero, collected 10...
The first month of 2019 was a hard one for Investors on the Nigerian Stock Exchange (NSE) as a total of N326 billion was lost at...
The Federal High Court in Ibadan has sentenced a former employee of Wema Bank, Ademola Oni, to 12-year imprisonment for conspiracy and money laundering. The court,...
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...
Wema Bank Plc grew its top-line but its profit declined marginally in 2015. Earnings per share was almost flat at 6.0 kobo. The board of the...
The Nigerian Stock Exchange (NSE) has started the final review of its group and sectoral indices. The newly reviewed indices will take effect on January 1,...
