Wema Bank Archives

Wema Bank hits record N12.6bn profit

Wema Bank has reported a 41.7 per cent growth in profit after tax of N12.64 billion in 2022, having made N8.92 billion in 2021. According to the bank, its gross earnings stood at N129.3 billion in the full year of 2022, up 38.1 percent from N93.63 billion in the full year of 2021. […]

aadelekepdnlimited-com
10th February 2023
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Business featured

BUA, Wema enters NGX-30 index

BUA Foods Plc and Wema Bank Plc are now included in the NGX-30 index as they have reached the list of the most liquid equities on the Nigerian Exchange Limited. The top 30 firms in terms of market capitalization and liquidity are tracked by the NGX-30 index. Union Bank of Nigeria and Oando Plc had […]

jonuorahpdnlimited-com
4th January 2023
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271 Views

Banking

10 banks raked in N1.57tn interest income in 2021 – Reports

Ten Deposit Money Banks in Nigeria earned a total of N1.57tn in net interest income last year, up from N1.49tn as of December 31, 2020. They are Union Bank Plc, Stanbic IBTC, Fidelity Bank Plc, Sterling Bank, Wema Bank, First City Monument Bank, Access Bank Plc, Guaranty Trust Bank, United Bank of Africa and Zenith […]

agencyreport
27th April 2022
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235 Views

Banking News

10 banks lend customers N2.9tn in 12 months

Between December 2020 and December 2021, the combined loan portfolio of 10 Deposit Money Banks in Nigeria rose by N2.9tn, data collated from their audited financial statements show. The banks are Stanbic IBTC, Fidelity Bank Plc, Sterling Bank, Wema Bank, First City Monument Bank, Access Bank Plc, Guaranty Trust Bank Plc, United Bank for Africa […]

agencyreport
20th April 2022
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167 Views

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Tag: Wema Bank

Wema Bank hits record N12.6bn profit

BUA, Wema enters NGX-30 index

10 banks raked in N1.57tn interest income in 2021 – Reports

10 banks lend customers N2.9tn in 12 months

12 tonnes of KitKat chocolates stolen in Italy

Mutual Benefits pays ₦4.2bn insurance claims in February.

Suzuki announces slash in vehicle prices nationwide

Nigeria’s oil, gas investment tripled in Nigeria 2025.

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