14 results
- 1 Jan 2023
Wema Bank Unveils Moruf Oseni as New CEO as Adebise Retires
Wema Bank Plc has announced the retirement of its Managing Director/CEO, Ademola Adebise. He will be proceeding on terminal leave from January 2nd, 2023 after over 13 years of meritorious service on…
- 12 Dec 2023
Wema Bank MD Harps on Innovative Finances to Address MSMEs Challenges
Moruf Oseni, the Managing and Chief Executive Officer, Wema Bank, has stressed the need to provide a platform to address fundamental issues impacting Micro, Small and Medium Enterprises (MSMEs) and…
- 11 Sept 2025
Wema Surpasses Minimum Capital Requirement as N150Bn Rights Issue gets CBN, SEC Approvals
Wema Bank Plc has announced the successful completion of its N150 billion Rights Issue, which opened on April 14, 2025, and closed on May 21, 2025. The exercise has received formal approval from the…
- 22 Nov 2023
Wema Bank Signs $50m Facility with ECOWAS Bank for Investment, Devt
Wema Bank has signed a credit facility of $50 million with the Economic Community of West African State (ECOWAS) Bank for Investment and Development (EBID). The funds are reserved specifically to…
- 30 Oct 2024
Wema Bank Launches Export Trade Academy to Empower Nigerian SMEs
Wema Bank has announced the launch of the Wema Export Trade Academy, a comprehensive training programme designed to equip Nigerian Small and Medium Enterprises (SMEs) with the essential skills and…
- 2 Jul 2024
Wema Bank Seeks Digital Empowerment for MSMEs
Wema Bank has charged stakeholders to prioritise digital empowerment for Micro, Small, and Medium Enterprises (MSMEs) as a measure for championing a sustainable MSME ecosystem. This was disclosed at…
- 24 Jan 2025
Wema Bank Targets N200bn in Final Tranche of Capital Raise
Wema Bank has announced plans to conclude its capital-raising efforts with a robust strategy combining a Rights Issue and a Special Placement exercise, both scheduled to commence on April 1, 2025.…
- 3 Mar 2025
Wema Partners SMEDAN to Empower 800,000 Businesses
Wema Bank has partnered Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) to empower 800,000 businesses. The partnership is focused on training Micro, Small Medium Enterprises…
- 14 Feb 2020
Court Summons Wema Bank Chairman, Others for Disobeying Order
Chukwujekwu Aneke, presiding Judge of a Federal High Court, sitting in Lagos south west Nigeria has ordered that Wema bank Plc and its six officials cited for contempt or disobeying the order of the…
- 21 Sept 2025
Wema Bank Introduces Static Wallets, Instant Settlement Features on ALATPay
Wema Bank has rolled out two new features on its digital payment gateway, ALATPay, Static Wallets and Instant Settlement designed to simplify payments, enhance efficiency, and accelerate business…
- 28 Sept 2020
ALAT By Wema Bank Upgrades Mobile Banking App
ALAT by Wema Bank, as an innovative financial institution, has introduced its upgraded mobile app – ALAT 4.0- to enable customers to remain connected to do much more. A unique app that provides…
- 12 Jan 2026
Wema Bank Upgrades ALAT Banking App
Wema Bank Plc has launched the upgraded version of its flagship digital banking platform, ALAT by Wema. Designed as the next phase in digital banking, the upgraded version of ALAT delivers a smarter,…
- 9 Oct 2023
Wema Bank Rewards Hackaholics 4.0 Winners with Over N50m
Winners have emerged in Wema bank’s Hackaholics 4.0 as the lender rewarded them with over N50 million at the grand finale held last week in Lagos. According to a statement from the bank, one of the…
- 10 May 2024
Wema Bank Launches CoopHub, Digital Solution for Cooperative Societies
Wema Bank has launched CoopHub, a new digital solution for Cooperative Societies at a ceremony held on Friday, to commemorate the 79th anniversary of the bank. CoopHub, the first of its kind in the…