Wema Bank News
Latest articles and news about Wema Bank on AXL Media.
Latest Articles
- Wema Bank Celebrates 81 Years with "Future of Possibilities" Customer Reward Scheme and Specialized Success Initiative
Published: May 2, 2026
Section: Africa
Wema Bank Plc is marking its 81st anniversary and the 9th year of its ALAT digital platform by launching a comprehensive customer reward program. Shifting focus from its 80th-anniv...
- Wema Bank Surpasses N200bn National License Benchmark Following Successful N150bn Rights Issue
Published: Apr 21, 2026
Section: Africa
Wema Bank has exceeded the Central Bank of Nigeria recapitalization requirements by raising its qualifying capital to N264.7bn. The lender achieved this milestone six months ahead...
- Nigerian Equities Market Records Massive Surge As Capitalisation Climbs By 1.36 Trillion Naira In Shortened Trading Week
Published: Apr 11, 2026
Section: Africa
The Nigerian Exchange Group experienced a bullish week with market value rising to 131.1 trillion Naira despite a public holiday. Financial services dominated trading activity, con...
- Wema Bank Reports Record 116% Profit Growth To N222 Billion In 2025 Financial Year
Published: Apr 9, 2026
Section: Africa
Wema Bank Plc has announced a historic financial performance for 2025, with profit before tax surging to N221.85 billion. The lender’s growth was driven by a 103% rise in net inter...
- Naira Rebounds At Official Market With One Percent Gain Following Three Sessions Of Consecutive Losses
Published: Apr 9, 2026
Section: Africa
The Nigerian naira appreciated against the U.S. dollar on Wednesday, closing at 1,371.82 per dollar at the official window. This recovery represents a one percent increase in value...
- Nigerian Equities Market Capitalization Recovers with 837 Billion Naira Gain Amid Shortened Trading Week
Published: Apr 4, 2026
Section: Africa
The Nigerian Exchange Group saw a significant recovery this week as market capitalization surged to 129.8 trillion naira following a period of volatility. Despite a public holiday...
- Nigerian Stock Exchange Gains N599 Billion as All-Share Index Surpasses 200,000 Point Milestone
Published: Apr 2, 2026
Section: Africa
The Nigerian Exchange continued its upward trajectory on Wednesday, with the All-Share Index rising 0.21% to close at an unprecedented 201,703.55 points. Market capitalization surg...
- Nigerian Equities Market Rebounds as All Share Index Gains 0.40 Percent and Investors Net N516 Billion
Published: Apr 1, 2026
Section: Africa
The Nigerian Exchange reversed a two session losing streak on Tuesday, with the market capitalization climbing to N129.210 trillion. Despite a negative market breadth that saw 50 d...
- Nigerian Equities Market Capitalisation Sheds N157 Billion Amid Volatile Five Day Trading Window
Published: Mar 28, 2026
Section: Africa
The Nigerian Exchange Group saw market capitalisation retreat to N128.9 trillion following a week characterized by erratic trading sessions and declining investor sentiment. Despit...
- Nigerian Equity Market Gains N21 Billion as All Share Index Inches Toward New Milestone
Published: Mar 27, 2026
Section: Africa
The Nigerian stock market recorded a marginal 0.02 percent advance on Thursday as the All Share Index climbed to 200,957.89 points. Investors saw the total market capitalization ri...