Thursday, June 25, 2026

Moruf Oseni

May 21, 2026

Wema targets tier-1 status as profit jumps to N222 billion

Audited results for the year ended December 31, 2025 showed profit before tax of N221.8 billion, a 116.44 per cent increase from N102.5 billion in 2024.

Wema Bank Plc
April 9, 2026

Wema Bank records N222 billion profit, increase of 116%

Wema Bank Plc says its profit before tax rose to N221.85 billion in the 2025 financial year, representing a 116 per cent increase compared with N102.51 billion recorded in 2024.

Moruf Oseni
January 12, 2026

Wema Bank upgrades ALAT app with voice banking, contactless payments

The bank said the introduction of uptime prediction was designed to boost transparency and customer confidence by providing insights into service availability and reliability.

WEMA ALAT
September 11, 2025

Wema Bank completes N150 billion rights issue, gets CBN, SEC approval

Wema Bank now exceeds the ₦200 billion minimum capital requirement for commercial banks with national authorisation.

Wema Bank
May 23, 2025

Shareholders laud Wema’s 2024 financial performance, gross earnings hit ₦432.34 billion

 Shareholders of Wema Bank have praised its financial performance for the 2024 financial year.

Wema's AGM
May 4, 2025

Wema Bank celebrates historic feats at 80, projects return to top-tier ranking    

Ms Olorunshola reflected on the institution’s long and storied history.

Wema Bank
March 31, 2025

Wema Bank records 135% profit growth

Wema Bank has recorded a profit before tax of N102.51 billion. This marks an increase of 135 per cent compared to the N43.59 billion recorded in 2023.

Wema Bank
June 14, 2024

Recapitalisation: Wema Bank gets regulatory approvals for N40 billion rights issue

Recapitalisation aims to simultaneously boost the Nigerian economy and strengthen its financial services industry.

Wema Bank
June 7, 2024

Agusto & Co upgrades Wema Bank’s rating to Bbb+

Moruf Oseni, Wema Bank’s managing director, said the bank “is on a journey to the top.”

WEMA Bank and Agusto & Co