Wema Bank Announces New Board Appointments
Wema Bank Plc has unveiled significant board changes, naming a new Deputy Managing Director and Executive Director to take effect upon the retirement of Mr. Oluwole Akinleye, the bank’s current Deputy Managing Director, on November 30, 2024. These appointments reflect the bank’s strategic commitment to ensuring continuity and leadership excellence. Following Mr. Akinleye’s retirement, Mr. […]
Read MoreGPTW Names Wema Bank As Nigeria’s Best Workplace In 2024
Wema Bank has clinched the top spot as Nigeria’s Best Workplace at the prestigious Great Place To Work (GPTW) 2024 Awards. Recognised for its strong commitment to employee well-being, innovative workplace culture, and comprehensive support initiatives, the bank received accolades during a recent ceremony held in Lagos. The award highlights Wema Bank’s exceptional focus on […]
Read MoreWema Bank Launches Export Trade Academy To Boost Nigerian SMEs
Wema Bank has unveiled the Wema Export Trade Academy, a specialised training initiative aimed at equipping small and medium enterprises (SMEs) in Nigeria with the knowledge and tools necessary for success in international trade. This comprehensive program is designed to help SMEs overcome the regulatory, financial, and logistical barriers that often impede their entry into […]
Read MoreWema Bank’s Profit Soars To N30bn In Q3, Nine-Month Pre -Tax Earnings Reach N60.6bn
In its third-quarter results for 2024, Wema Bank has reported a pre-tax profit of N30.05 billion, up sharply from N10.06 billion in the same quarter last year. This significant growth has lifted the bank’s pre-tax earnings for the first nine months to N60.62 billion, underlining its success in generating revenue across multiple income lines and […]
Read MoreNGX Lists Wema Bank’s Rights Issue Of 8.572bn Shares
The Nigerian Exchange Limited (NGX) has officially listed Wema Bank Plc’s Rights Issue of 8.572 billion ordinary shares on its platform. This listing was detailed in the recent NGX weekly report and marks a significant step in Wema Bank’s recapitalisation efforts. According to the NGX report, the additional shares arose from Wema Bank’s Rights Issue […]
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