Wema Bank raises earnings by 20 pct

Wema Bank has reiterated its commitment to attaining growth through innovations, saying it is in the final stage of its restructuring process that started in 2009. At its Annual General Meeting (AGM) in Lagos, the bank witnessed a growth of its gross earnings by 20.07 per cent, from ₦54.36 billion in FY2016 to ₦65.27 billion […]

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Wema Bank seeks shareholders consent for capital reduction

Wema Bank Plc has issued a notice of an Extra-Ordinary General Meeting (EGM), to seek the consent of its shareholders for a comprehensive scheme of capital reduction. The exercise is in line with the procedures set out in Sections 105, 106, 107, 108, 109, 110, 111 and 120 of Companies and Allied Matters Act (CAMA) […]

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ALAT: Technology changing face of banking system

Technology is changing the way banking is done, with lenders becoming more technology savvy to meet customers’ needs, Wema Bank Executive Director of Retail & North Directorate, Moruf Oseni has said. Speaking during the Digital Pay Expo 2017, a Fintech industry-focused event held in Lagos, he said banks should take steps that will enable them […]

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