Wema Bank

May 22, (THEWILL) — Wema Bank Plc has received an upgrade in its long-term rating from ‘A-’ to ‘A’ by Agusto & Co, reflecting the bank’s improved profitability, stronger liquidity position, and sustained shareholder support. The rating agency also affirmed...

April 21, (THEWILL) — Wema Bank Plc has met and surpassed the Central Bank of Nigeria (CBN) requirements for national licence operations. The financial services institution in a statement, said this reinforces its position as a national bank...

January 12, (THEWILL) — Wema Bank Plc has rolled out an upgraded version of its ALAT digital banking application as part of efforts to improve customer experience, strengthen service efficiency, and deepen its presence in Nigeria’s competitive digital banking...

December 23, (THEWILL) — Wema Bank and Access Bank emerged among Nigerian lenders with the fastest asset growth in 2025, underscoring how scale, digital banking adoption, and balance-sheet resilience shaped performance across the banking sector during a volatile economic...

October 19, (THEWILL) — Wema Bank Plc has successfully concluded its ₦50 billion special placement offer, strengthening its capital base and surpassing the Central Bank of Nigeria’s (CBN) minimum capital requirement for national commercial banks.   In a statement issued by...

October 05, (THEWILL) — The share capital of Wema Bank Plc  rose by a significant 66% with the listing of 14,143,244,747 additional ordinary shares on the Nigerian Exchange Limited (NGX) on Tuesday, September 30, 2025. The move follows the successful conclusion...

May 01, (THEWILL) – President Bola Tinubu has congratulated WEMA Bank, Nigeria’s oldest surviving indigenous bank, on its 80th anniversary on May 2, 2025. WEMA Bank commenced operations on May 2, 1945, as Agbonmagbe Bank in Iperu-Remo, Ogun state. It...

November 17, (THEWILL) - Wema Bank Plc, a lower-rung Tier-2 financial services institution, may face additional challenge of achieving effective national spread under the recapitalization policy initiated by the Central Bank of Nigeria (CBN). The apex bank had on March...

September 22, (THEWILL) – GFA Technologies, a software company, and leading provider of innovative solutions in various fields has partnered with Wema Bank Plc and Sterling Bank, to provide over 30,000 Small and Medium Scale Enterprises (SMEs) in...

August 04, (THEWILL) – Wema Bank Plc posted impressive results for its 2024 half year operations ended June 30. This will trigger a quantum leap towards an enhanced milestone in the current recapitalisation exercise to the delight of the...