Tag: Wema Bank

Wema Bank Completes N150b Rights Issue, Secures SEC, CBN Approval
September 12, 2025 No Responses

Wema Bank Completes N150b Rights Issue, Secures SEC, CBN Approval

WEMA Bank Plc has completed its N150 billion Rights Issue, securing approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).In a statement on Thursday, the bank explained that the Rights Issue, which opened on...
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Honey Well Flour, Wema Bank Top Gainers’ Table As Market Capitalisation Recovers N21b
August 13, 2021 No Responses

Honey Well Flour, Wema Bank Top Gainers’ Table As Market Capitalisation Recovers N21b

Transactions on the Nigerian Exchange (NGX) gained momentum on Thursday as the volume of shares traded increased by 214.29 percent with the index appreciating by 0.11 percent.   At the end of the day’s transactions,  investors traded...
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Wema Bank Floats N40b Rights Issue
August 7, 2021 No Responses

Wema Bank Floats N40b Rights Issue

Barring unforeseen circumstances, Wema Bank Plc capital raising exercise of N40 billion will hit the market in September 2021. The bank’s Deputy Managing Director, Mr Moruf Oseni, said this at the company’s Half Year 2021 investors/analysts presentation on...
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14 Years After, Wema Bank Shareholders To Get Dividend
March 30, 2019 No Responses

14 Years After, Wema Bank Shareholders To Get Dividend

The Board and Management of Wema Bank Plc has concluded plans to reward ts shareholders with dividend, 14 years after the exercise was suspended due to various challenges.  For the year ended December 31, 2018, the Bank’s  gross earnings increased....
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Wema Bank Appoints New Managing Director
June 30, 2018 No Responses

Wema Bank Appoints New Managing Director

Wema Bank Plc has announced the retirement of its Managing Director/Chief Executive Officer, Segun Oloketuyi, following almost a decade at the helm of the Bank.  “On behalf of the Board and Management of the Bank, I want to thank Mr...
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Wema Bank Unveils Agent Banking In Kano
June 21, 2018 No Responses

Wema Bank Unveils Agent Banking In Kano

Wema Bank Plc has introduced agent banking in Kano as it seeks to deepen its retail footprint across informal economic sectors of the North-Western states and to drive financial inclusion within the entire northern region of the country.  Agent Bank...
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Wema Bank Assures Shareholders On Dividend Payment, Declares N65.27B Gross Earnings
May 10, 2018 No Responses

Wema Bank Assures Shareholders On Dividend Payment, Declares N65.27B Gross Earnings

Moses Ebosele, ebosele@hotmail.com –  “The day we begin to give you what you want (dividend),there will be no going back. Very soon we will be in a position to give you what you want. No management or board want to come...
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Wema Bank Reiterates Support for Arts with Isale Eko Sponsorship
May 8, 2018 No Responses

Wema Bank Reiterates Support for Arts with Isale Eko Sponsorship

Wema Bank Plc has announced  its sponsorship of Isale Eko, the popular play coming up this June.  According to the Bank, Isale Eko is one of the notable plays in Nigeria, which is bringing back the theatre culture dating back...
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Power Of Social Media In Sustained Marketing
May 4, 2018 No Responses

Power Of Social Media In Sustained Marketing

By 2025, Millennials will make up 75% of the global workforce. As their population grows, so is their influence. Award-winning author Jeremy K. Balkin calls this the “Millennialization of Everything.” Millennials – the generation born between 1980 and 20...
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