Education

Wema Bank supports school with furniture

Wema Bank has said it donated chairs and tables to Isale Eko Grammar School, in Lagos State. A statement said the act was made possible through Wema Bank’s corporate social investment initiative, the “Salary for Love” campaign. It said Wema Bank’s employees selflessly contributed a portion of their salaries, embodying the spirit of giving back and leaving a lasting impact on the lives of…
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Banking

Wema Bank records N39bn Q1 gross earnings

Wema Bank Plc has said it recorded N39.35bn gross earnings in the first quarter of the 2023 financial period. This was a year-on-year increase of 35.04 per cent from N29.14bn recorded in the corresponding period of 2022. It disclosed this in a statement on its unaudited…
Banking

Wema Bank grows gross earnings by 42.3% to N131.08bn

Wema Bank Plc has said its gross earnings rose by 42.3 per cent to N131.08bn as of the end of 2022 financial period from N92.14bn in the corresponding period of 2021. It revealed this in a statement on its audited financial results for the period ended December 31, 2022. The…
Banking

Wema Bank begins registration for technology competitions.

Wema Bank Plc has opened application entries for the fourth edition of its tech talent discovery and nurturing project among university students tagged Hackaholics 4.0. Announcing the commencement of entries for Hackaholics 4.0 at a press conference on Tuesday in Lagos, the bank’s Executive Director, Digital Services, Mr Tunde Mabawonku, said as bank was innovating, it was also helping…
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Banking

Wema Bank reaffirms its commitment to gender equality

The Managing Director/Chief Executive Officer of Wema Bank Plc, Mr Moruf Oseni, has restated the bank’s commitment to promoting gender equality and create opportunities for women to grow and achieve success in their careers. Oseni saidd this at the bank’s 2023…
Banking

Wema Bank issued bonds worth N25 billion.

To shore up its capital base, Wema Bank has issued a N25 billion bond to targeted investors. In a corporate notice signed by the Company Secretary, Johnson Lebile, on Thursday, the bond will not be listed on any security exchange. Part of the notice read, “Wema Bank Plc decided on the issuance of the bonds as a means of shoring up its capital base to facilitate the bank’s business of lending…
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Banking

Wema Bank is committed to supporting the growth of women.

Wema Bank says it is committed to providing women with the knowledge they need to succeed in their careers and businesses. The bank said it is preparing to celebrate International Women’s Day in 2023 by stimulating discussion about women’s economic growth. The…
Banking

Wema Bank and Bulb Africa unveils innovation challenge

Wema Bank Plc has unveiled a kids’ innovation challenge aimed at encouraging children to ideate and develop solutions in learning, health, games, and agriculture. The competition would reward the top three finalists who present the most creative and innovative ideas with…