By Taiye Olayemi Wema Bank Plc says its profit before tax rose to N221.85 billion in the 2025 financial year, representing a 116 per cent increase compared with N102.51 billion recorded in 2024. The bank disclosed this in a statement on Wednesday in Lagos. It said its 2025 performance reflectedContinue Reading
By Funmilayo Adeyemi The National Senior Secondary Education Commission (NSSEC) has sought partnerships with Wema and First Banks to boost Senior Secondary education through improved infrastructure, digital learning tools and teacher capacity development. The Executive Secretary, NSSEC, Dr Iyela Ajayi, made the appeal during courtesy visits to the management ofContinue Reading
By Taiye Olayemi Credit rating agencies, Fitch and GCR, have upgraded the ratings of Wema Bank, further underscoring its capacity for long-term sustainability within the African banking ecosystem. According to a statement by the bank on Thursday, theseContinue Reading
By Taiye Olayemi Wema Bank has recorded a profit before tax of N102.51 billion in 2024 financial year, representing an increase of 135 per cent when compared to the N43.59 billion recorded in 2023. The bank has proposed a dividend of N1.00 per share following its strongContinue Reading
By Rukayat Adeyemi The total assets of Wema Bank Nigeria has grown by 38 per cent, to N3.084 trillion in third quater of 2024, from N2.24 trillion posted in the corresponding quarter of 2023. The Managing Director of the bank, Mr Moruf Oseni, said this on Wednesday in the bank’s unaudited ConsolidatedContinue Reading
