Browsing Tag

Wema Bank

Wema Bank’s Board Of Directors appoints New Executive Director

Itohan Abara-Laserian Jul 1, 2020 0

The Board of Directors, Wema Bank Plc on Wednesday announced the appointment of Mr Oluwole Ajimisinmi as an Executive Director of the bank. SEE ALSO: PDP suspends Ifeanyi Ubah, refers Kashamu to National Disciplinary Committee Mr Johnson…

Ticker

Nigerians blast feminist Kiki Mordi over her calls to boycott Wema Bank

John Ogunsemore Mar 9, 2020 0

Journalist and notable feminist, Kiki Mordi has incurred the wrath of many Nigerians after calling for the boycott of Wema Bank.She made the call while reacting to the bank's controversial comment on International Women's Day on Sunday.…

Ticker

Wema Bank stirs controversy with Women’s Day message

John Ogunsemore Mar 9, 2020 0

Wema Bank is in the eye of the storm after its message shared to support women on the International Women's Day was deemed inappropriate.Adopted by the United Nations on March 8, 1977, the day is celebrated all over the world and…

News

Court Insists Wema Bank, Officials Should Appear Over Alleged Contempt

News Agency of Nigeria Feb 17, 2020 0

A Federal High Court in Lagos on Monday insisted that Wema Bank Plc. and six of its top officials should appear before it on Tuesday (Feb. 18) to explain why they should not be committed to prison for contempt.The court order was a…

News

Wema Bank ATM Dispenses Rat nibbled Notes

Deola Dec 23, 2017 0

A Nigerian Music Producer took to his Instagram to share his frustration at being given what looked to be like rat nibbled notes.According to him, he made this cash transaction via a Wema bank ATM.He wrote "Why on earth would a bank…

Metro

Model Sues Wema Bank Over Illegal Use Of Photos

Tosin May 29, 2017

A Nigerian model based in the United States of America, Nneoma Anosike, has sued Wema Bank PLC before a Lagos Division of the Federal High Court for allegedly using her photos for commercial purposes without authorization or consent.Ms…

Government

Wema Bank staff gets 18 years prison for N8bn scam

Tosin Mar 23, 2017

The Economic and Financial Commission, EFCC, on Wednesday, 22nd March, 2017 secured another conviction in the ongoing N8bn Currency Mutilation Scam before Justice Joyce Abdul Malik of the Federal High Court, Ibadan, Oyo State.In her…

Business

Wema Bank bounces back to profitability

Business Editor Apr 24, 2014 0

Wema Bank said on Wednesday said it swung to a pretax profit of 591 million naira ($3.64 million) in the first-quarter from loss of 853 million naira in the same period last year, sending its shares higher.Gross earnings rose to…

Business

Wema Bank takes financial literacy campaign initiative to schools

Business Editor Mar 14, 2014 0

L-R: Wole Akinleye, Regional Executive, Lagos Business Group, Wema Bank; Akinlolu Ayileka, DH, Brand & Service Quality Division, Wema Bank; Segun Oloketuyi, Managing Director/CEO, Wema Bank and Rev. Sis. Gladys Osagie, Head Teacher,…

Business

Wema Bank returns to profitability, books N563 million net income

Oct 17, 2013 0

Wema Bank said it had swung to a pretax profit of 563 million naira in the first nine months of the year, compared with a loss of 1.785 billion naira a year ago, the bank said on Thursday.The regional lender said gross earning rose to…

Business

After Raising N40 billion, Wema Bank Seeks To Raise Another $200 million

Business Editor Aug 19, 2013 0

Wema bank, which raised 40 billion naira ($247.4 million) for expansion across the country, said it’s seeking an additional $200 million over the next two years to fund its loan book.“The sum of $100 million is planned to be raised in…

Business

N35 billion Private Placement: Wema Bank Gets SEC Nod

Derin Akinnuoye Apr 9, 2013 0

Wema Bank, Nigeria’s longest surviving and most resilient lender has received regulatory approval from the Nigerian Stock Exchange (NSE) and Securities & Exchanges Commission (SEC) and subsequently held its completion board meeting…