Wema

FBN Holdings Plc, Fidelity Bank Plc, and four other banks generated a total of N2.35 trillion in interest income from loans & advances to customers, Investment securities, and loans and advances to banks in the 2023 financial year,…

The Federal Government and ALAT have launched the Skillnovation Programme to support the information technology revolution that would, in turn,  extend the reach of economic and social interactions and enhance productivity growth in Nigeria…

The positive trend on the Nigerian Stock market was halted Tuesday following the dip in the value of the shares of big firms that led to a total dip of N52.35 billion. The All-Share Index (ASI) a key market indicator of the…

Some notable companies have delisted from their index groups as revealed by the Half-Year market index review of the Nigerian Stock Exchange (NSE) in eight indices and five sectoral groups. Some of the delisted companies from their index…

By ADEBISI ADEMOLA. Four of the 16 quoted banks on the Nigerian Stock Exchange (NSE) have recorded a profit increase of about 37 per cent for the first six months of 2018, InsideBusiness Online can report. This amount represents N70.3…

By ADEBISI ADEMOLA Amid the economic downturn that shrinks disposable income and affects the saving culture of Nigerians, 13 commercial banks showed resilience, growing their total assets by nearly 11 percent to reach N32.79 trillion in…

ADEBISI ADEMOLA. Skye Bank and Jaiz Bank Plc are likely to be the new additions to the Banking Index from July 1, 2018 according to the Nigerian Stock Exchange (NSE). The two are to replace the duo of Wema and Diamond Bank that are likely…

Rising from the crisis that shook its foundation, Oando Plc emerged best performing equity in April leading seven others including three insurers on the Nigerian Stock Exchange (NSE) in percentage terms. Oando recorded 52.75 per cent…

ADEMOLA ADEBISI The yields from credits to customers from 11 banks jumped 10 per cent in the first quarter of the year, rising to N791.9 billion by March 31, 2018. The banks recorded N718.96billion in the corresponding period in 2017.…

ADEBISI ADEMOLA ALAT, the digital bank powered by Wema Bank has upgraded to version 2.0 as it seeks to deliver more value to its customers who are increasing daily. Launched in May 2017, ALAT is Nigeria's first fully digital bank,…