Nigerian Court refuses Police request to reverse billions allegedly withdrawn by POS agents in 2023 glitch
A Federal High Court in Abuja has denied a motion by the Inspector General of Police (IGP) seeking an order ...
Tag: wema bank
#EndBadGovernance protests: Bankers work from home, as NGX operations unaffected
In response to the ongoing #EndBadGovernance protests, some banks in Nigeria have implemented remote work policies for their employees.
NGX lists Wema Bank’s right issue of 8.572 billion shares on its platform
The Nigerian Exchange Limited has admitted Wema Bank Plc’s Rights Issue of 8.572 billion ordinary Shares of 50 Kobo each ...
Wema Bank concludes 1st tranche of capital raise programme
Wema Bank ALAT has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for ...
Terra Aqua secures $10m “climate finance” from TLG capital, Wema Bank for aluminum recycling plant in Ogun state
TLG Capital, a leading alternative investment firm, has announced a US$ 10 million structured private credit facility designated for climate ...
Wema bank launches CooPHub, digital solution for cooperative societies
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially launched CoopHub, a ...
Wema Bank to seek shareholders’ approval for N200 billion capital raise
The company also plans to increase its issued paid-up share capital from N6.429 billion to N25 billion by creating an ...
Celebrating 79 years of impact: Wema Bank’s contributions to financial inclusion in Nigeria
Financial inclusion is increasingly recognized as a cornerstone of economic development and social equality.
Oyo State Government to invest N691 million in Wema Bank’s rights issuance
In anticipation of a potential forthcoming rights issue by Wema Bank Plc, the Oyo State Government has allocated a sum ...
Wema Bank to award N70 million to innovators in Hackaholics competition
Wema Bank says it will award the best innovators in Africa the sum of N70 million through its startup-focused tech ...
