Non-payment of salaries a sin — Ex-deputy Gov
Former Deputy Governor and former Group Managing Director, Wema Bank, Mr. Adebisi Omoyeni, yesterday, described non-payment of salaries as a sin against humanity.
Wema Bank to commence payment of dividend soon
Wema Bank has expressed optimism that the bank would commence the payment of dividend in the near future, even as the benefits of the restructuring exercise continue to impacts on its bottom-line.
ALAT Wema launches quick loans and virtual dollar card
ALAT, a WEMA bank fully digital bank, has released two new features: quick short-term loans and a virtual dollar card.While the ALAT loans are accessible to all ALAT customers through the bank’s Android and iOS apps, the Virtual Dollar Card is a non-physical dollar-denominated debit card designed for online payments internationally.
Wema Bank seals deal with Petrolex on $300m Ibefun tank farm
Wema Bank Plc has acted as a financial partner to Petrolex, an indigenous, a oil and gas company, to seal deal on the $300million Ibefun Tank Farm , the largest in sub-Saharan Africa.
Wema gets shareholders’ nod for capital reorganisation
The approval however, is expected to be received within the next few weeks, leading to the passage of all accounting entries before the 2017 financial year end.
Are the youth responding to WEMA Bank?
Wema Bank is succeeding in capturing the hearts of the youth as the report shows a strong attraction by this age group as their ranking with them is much higher than the bank’s overall perception ranking of 14th.
Wema Bank, AfDB, others to finance projects in ABUAD
Wema Bank has concluded arrangements to provide finance facilities to Afe Babalola University, Ado Ekiti (ABUAD), for the execution of various projects under the institution’s infrastructure development programme Phase II.
Wema Bank posts N54.25b gross earnings, N2.59b profit
For the financial year ended December 31, 2016, Wema Bank Plc has posted gross earnings of N54.25 billion and Profit After Tax (PAT) of N2.59 billion.