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Wema to Launch First Digital Banking

Wema Bank, one of Nigeria’s oldest banks, says it will launch the first fully digitalised banking service in Africa in the first half of 2017. A statement by the bank in Lagos and made available to Economic Confidential quoted Mr Segun Oloketuyi, the bank’s Managing...

Banks Adopt ‘Survival’ Strategies on Frail Macro Environment

The tough macroeconomic environment is obviously taking its toll on commercial banks as well as other financial institutions with most of them adopting various strategies to remain afloat. The impact of the tough operating environment clearly manifested in the recently released half year results posted...