Tag Archives: WEMA

Known for its trailblazing solutions in fintech and providing financial services that support the lifestyle of its customers, ALAT, Africa’s first fully digital bank is supporting salary earners with instant loans.

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The Nigerian Stock Exchange (NSE), has sanctioned some banks along other listed companies on the exchange for failing to meet the deadline for the submission of their audited report and accounts for last year. The list of the affected listed companies indicated that FBN Holdings Plc – the holding company for First Bank of Nigeria and its former subsidiaries – …

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Wema Bank Plc has announced its signing of a credit line agreement with the African Development Bank (AfDB) to grow financial support to small and medium scale businesses in Nigeria. According to a statement from the bank, the AfDB had already disbursed the $15 million agreed with the multilateral development finance institution. In addition, the bank said it also secured …

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  Wema Bank Plc says it has launched a solar-powered mobile branch to make banking services available to everyone in all parts of the country. The bank’s Head of eBusiness, Mr Damola Bolodeoku, in a statement on Wednesday in Lagos, said the mobile branch was fitted with two automated teller machines. According to Bolodeoku, the mobile branch tagged: “Wema Bank …

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Wema Bank opens new branch in Abuja Wema Bank Plc has announced the opening of a new branch in Abuja as part of its strategic expansion following a national licence granted the bank by the Central Bank of Nigeria in 2015. The lender, in a statement on Wednesday, said the new branch would strengthen its business in the Federal Capital …

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Wema Bank Donates N20m to Lagos govt As part of its social responsibility policy, Wema Bank has provided N221 million financial assistance to Lagos State Government to deliver world class archival service to transform record management in the state high courts. According to the bank’s Managing Director, Mr. Segun Oloketuyi, in a statement on Friday, said that N20m of the …

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