Tag Archives: Wema babk

Wema Bank Plc, Nigeria's leading Innovative Financial Institution is championing financial literacy for the next generation by participating in the Global Money Week to commemorate the Financial Literacy Day on March 23, 2023.

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The custodian of Africa’s first fully digital bank – ALAT, and one of Nigeria’s leading commercial banks, Wema Bank, celebrates the season of love with its customers in an array of ways including providing Special Gift Cards for celebrants to gift their loved ones.

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Wema Bank, Nigeria’s leading innovative bank, is deepening pan-African trade services for its customers through its bilateral partnership agreement with Bank of Africa Group (BOA).

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The Western Delta University,  Oghara, Delta State has signed a far-reaching Memorandum of Understanding ( MoU) with Wema Bank Plc, to introduce the institution to the Electronic Bills Payment ( eBillsPay ) and WebPay platforms to enable students and other residents of the university community to receive payment and other transactions through the platform.

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Wema Bank PLC, the pioneer of Nigeria’s first fully digital bank ALAT, has taken another giant step towards creating a better and promising future for women in Nigeria and in other parts of the world, as it formally unveiled its proposition specifically for women. 

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In a bid foster a healthier and sustainable savings culture in kids, Wema Bank joined the world in celebrating the World Savings Day under the theme “decoding the financial educate challenge” by visiting several schools across the country to encourage students to build healthy savings habits and educate them on the ways to grow the little they manage to save. …

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Most times, the hardest thing about saving money is starting out; settling on a plan, or plans, that encourages discipline and is financially rewarding often proves difficult. It can be difficult to figure out simple ways to save money and how to use your savings to pursue your financial goals. A recent survey on saving carried out by ALAT, the …

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Wema Bank Plc has said that it will soon return to trajectory of dividend payment even as it appealed for understanding over the inability of the bank to propose a dividend in the last couples of years. The assurance and appeal was made by the Managing Director Mr Segun Oloketuyi, while responding to question at the bank Annual General Meeting …

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Wema Bank PLC has announced a 5.02% growth in earnings for Q1’2018 to N16.07 billion, from N15.28 billion in Q1’2017. According to the Bank, the increase was supported by a 21.07% growth in non-interest income to N3.43 billion (Q1’2017; N2.83 billion), led by a 424.77% growth in net trading income. Profit before Tax (PBT) grew to N0.88 billion (Q1’2017; N0.85 billion), notwithstanding the increase in impairment charges …

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Shareholders of Wema Bank Plc, were assured of sustained earnings growth, even as the country try to come out of the economic recession. Speaking at the bank Annual General Meeting in Lagos on Wednesday, the bank Managing Director Mr Segun Oloketuyi explained that “We expect the vestiges of the headwinds in the economy to remain in 2017. However, we remain …

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