Wema Bank Plc

Despite Fintech companies’ inducement with zero charges on customers' deposits and transfers, five banks generated a total of N419.12 billion for maintaining customers' accounts, and electronic- banking fees, among other fees in the 2023…

Wema Bank Plc maintained the path of defiant growth for the second year in 2022, lifting after-tax profit by close to 42 per cent to N12.6 billion at full year. With that, the bank set another impressive growth record in the year after…

Wema Bank Plc has concluded financial literacy sessions for secondary school students across the country to instill an early understanding of a solid foundation and stability from a young age. The bank through this champions…

Wema Bank Plc raked in gross earnings of N60.3 billion at the close of its half-year operations, top record growth of 46 per cent year-on-year. Though slower than the first quarter revenue growth of 57 per cent, it still…

Wema Bank more than doubled after-tax profit to over N2.8 billion at the end of the first quarter following strong growth in revenue and an improvement in profit margin. An impressive first-quarter earnings result seems to set the pace…

Wema Bank unaudited financial report for the 2021 operations just released shows a top industry record growth of 94 per cent in after-tax profit from N4.6 billion in 2020 to roughly N9 billion for the year. This is a confirmation of our…

Wema Bank Plc is pulling back so far this year from the high growth records that it registered in 2019. The bank is losing both revenue and profit after closing last year’s operations with the strongest improvement in gross earnings since…

Wema Bank Plc closed the 2019 operations with a strong profit growth for the second year – marking a change of direction from the rise and fall pattern of the preceding years to reasonable stability. Revenue accelerated in the year to give…

By CHUKWUMA KELECHUKWU   Last December, Abiodun Keripe, Afrivest's Head of Investment Research bought the shares of Zenith Bank Plc for clients at about N18.50 per share and by last month, January precisely, the stock had risen to N22…

UMORU ABDULKADIR Following the public holiday declared by the Federal Government of Nigeria on Monday to mark the 2019 Eid-ul-Maulud celebration, stock trading began on the Nigerian Stock Exchange (NSE) Tuesday. At…