Wema Bank, a Nigerian tier-2 bank that holds ₦1.8 trillion in customers’ deposits has suffered a loss of ₦685 million to fraud and forgery cases in...
The quartet of United Bank for Africa (UBA), Wema Bank, Zenith Bank and Stanbic IBTC are risking sanctions from the Nigerian Xchange for failing to file...
Wema Bank has announced the launch of the Hackaholics Digital Summit 2023, a gathering of innovators, disruptors, regulators, policymakers, investors & customers in the digital space....
MTN Nigeria, Unity Bank and Wema Bank are the stocks to watch this week as the Nigerian bourse resumes trading. Ripples Nigeria stocks watchlist is a...
WemaBank recently announced its unaudited results for Half Year ended 30th June 2023. The commercial bank achieved improved performance including Gross Earnings of ₦89.09bn, a y/y...
Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for...
Investors in the Nigerian capital market lost N672 billion at the close of trading on Tuesday. This followed the dip in equity capitalization from N33.05 trillion...
Wema Bank generated N132.30 billion in revenue between January to December 2022, surpassing the N93.63 billion recorded during the same period in 2021. This is a...
These top 10 stories across the nation’s newspapers might interest you. 1. Uzodinma wins APC governorship ticket in Imo The Imo State Governor, Hope Uzodimma, on...
Wema Bank Plc has announced the appointment of Moruf Oseni as the substantive Managing Director and Chief Executive Officer of the lender, effective April 1, 2023....
The stock market resumes trading this week, with a focus on Wema Bank, Seplat and Zenith Bank on the exchange floor of the Nigerian Exchange Limited...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
Wema Bank has informed shareholders and the investing public that it plans to raise N25 billion from investors in a private bond issuance. The company disclosed...
Wema Bank is set to celebrate International Women’s Day 2023 to honor women and provide them with opportunities to achieve success in their personal and professional...
Data show that seven Nigerian banks in 12 months committed over N173.99 billion on the salaries and wages of their staff. This amount is 19.21 percent...
Wema Bank Plc is hosting its maiden Business Growth and Innovation Conference in Enugu, the Enugu State capital. The conference, being organized in partnership with the...
Wema Bank has reported a N12.6 billion profit in 2022, its highest profit in seven years. The full-year 2022 profit is also 41.7 percent increase when...
Wema Bank has announced that its Managing Director and Chief Executive Officer, Ademola Adebise, will go on terminal leave, with Moruf Oseni taking over. Adebise’s terminal...
These top 10 stories across the nation’s newspapers might interest you. 1. Buhari backs Emefiele on redesign of Naira President Muhammadu Buhari has backed the Governor...
Wema Bank Plc, has recorded gross earnings of N95.345 billion in the third quarter ended September 30, 2022, representing a growth of 51.17% year-on-year, from N63.077...
Ratings agency Agusto & Co. has upgraded Wema Bank Funding SPV Plc’s Series II Bond to ‘Bbb+’, with a stable outlook, from the previous ‘Bbb’ score....
Nigerian tier-two banks dominated the top five best performing lenders in First Half (H1) 2022, with Wema Bank leading the onslaught against the tier-one creditors. Ripples...
There were two major changes in the best performing banks in Nigeria’s financial industry in the second quarter (Q2) of 2022, with tier-two lenders pushing all...
Wema Bank Plc has posted a growth performance across all financial indices in the First-Half of its 2022 operations. This information is contained in the Financial...
Stocks to watch this week consist of First Bank of Nigeria Holdings (FBN Holdings), Ardova, Guaranty Trust Holding Company (GTCO) and Wema Bank. Their inclusion is...
For investors with Bank stocks in their portfolio, as the capital market enters into the second half (H2) of 2022, it’s important to know what went...
Wema Bank Plc, has launched the Leadership Development School as an addition to its Purple Academy to help in the overall development and transformation of its...
Wema Bank’s Chief Digital Officer, Olusegun Adeniyi, has advocated for female inclusion in tech, citing how their participation in the field can further bridge digital gender...
Ripples Nigeria quarterly ranking for best performing commercial banks operating in Nigeria is determined by the growth of the financial institutions’ Net Interest Income within three...
Investors in the capital market are selling off their shares in Wema Bank to exit their investment in the financial institution amid allegation of illegal practice...
Wema Bank has stated that it will investigate the opening of unauthorised accounts in the financial institution, after Ripples Nigeria broke the story that the firm...
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...
