Wema Bank has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to empower 800,000 Nigerian businesses.

Loan Charges from Nine Banks Hit N4.8tn Nine Nigerian banks collectively earned N4.85tn in interest income on loans and advances to customers in the first nine months of 2024, marking a growth of 114.95 per cent compared to N2.26tn recorded in the same period of...

Wema Bank, BoA Group Sign Multi-currency Agreement     Wema Bank has signed a multi-country partnership agreement with Bank of Africa Group (BoA) as it looks to facilitate bilateral trade services for its customers across Africa. The partnership agreement was executed by its Managing Director/CEO, Ademola Adebise, and...

Wema Bank Targets N1trn Capital Base In Next Few Years Buoyed by its 2018 financials and performance in which it prescribed the payment of 3kobo dividend per share for the first time in 15 years, the management of Wema Bank Plc has said it is...

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...

Wema Bank Plc has announced the official launch of its special Unstructured Supplementary Service Data (USSD) banking platform *945#. A statement explained that bank’s former USSD code was upgraded with more features to benefit both existing and potential Wema customers. The USSD is a GSM communication...