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Wema Bank

Wema Bank Reports N240.65bn Profit In Six Months

In the first half (H1) of 2025, Wema Bank recorded N240.65 billion in interest income, exceeding the N146.06 billion notched up in H1 2024, representing an increase of 64.75 percent. According to the company’s consolidated and separate financial statements for the period

August 15, 2025

Business·Top Stories

UAC Nigeria, Wema Bank Raise Stock Market Cap By N369.75bn

An increase in the shares of Wema Bank, UAC Nigeria, Guinness and others on the gainers list added N369.75 billion to the market capitalisation of the Nigerian Exchange Limited (NGX) on Thursday, July 31. The gain led to the capitalisation of the

July 31, 2025

Business·Top Stories

Investing In Wema Bank Shares More Profitable Than Hoarding Dollars In 2025

Year-to-date, investing in Wema Bank has been more profitable than hoarding the United States dollar (USD), according to analysis by Prime Business Africa. Between January 2 and July 23, the dollar has traded flat against the naira at N1,534/$ in the official

July 23, 2025

Business·Top Stories

Wema Bank Performs Poorly In Q1 As Revenue Drops 41%, Profit Declines 72%

Wema Bank’s revenue fell by 41.79 per cent to N81.27 billion in the first quarter (Q1) of 2025, failing to surpass the N139.62 billion generated in the corresponding period in 2024. The lender’s topline was negatively impacted by a 37.07 per cent

May 20, 2025

Business·Top Stories

GTCO, Wema Bank… Five Best-Performing Bank Stocks

At the end of the first quarter (Q1) of 2025, the market valuation of Nigerian banks appreciated by 6.24 percent, according to analysis by Prime Business Africa. The publication gathered that the market valuation increased to N11.22 trillion from N10.56 trillion between

April 29, 2025

Business·Top Stories

Wema Bank records N433bn revenue, net income increases by 139.7%

Wema Bank closed 2024 with N433.43 billion gross earnings, surpassing the N226.91 billion revenue generated in 2023, indicating a year-on-year growth of 91 percent. According to the company’s annual report for the financial year ended December 31, 2024, Wema Bank also grew

April 23, 2025

Business·Finance & Economy·News

WEMA Bank, FG Partner To Empower 2 Million Youths, 1 Million MSMEs Nationwide

WEMA Bank and the Office of the Vice President have unveiled plans to launch the FGN/ALAT Digital Skill-Novation Programme, set to impact 2 million youths and empower 1 million Micro, Small, and Medium Enterprises (MSMEs) across Nigeria. During a courtesy visit to

September 18, 2023

Business·Markets

Wema Bank, BUA Cement, Others Cost Stock Market Investors N672bn

Wema Bank and BUA Cement are part of the stocks that dragged the Nigerian stock market capitalisation down by N672.02 billion on Tuesday. Following selloffs in these equities, including Lasaco, and PZ, the bourse’s capitalisation fell to N33.05 trillion, from N33.73 trillion.

July 4, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Nigerian Stock Exchange Slumps, Sheds N21.17 billion To Selloffs In Wema Bank, Others

The valuation of the Nigerian stock exchange depreciated slightly to N30.32 trillion on Wednesday, shedding N21.17 billion. According to the market data obtained from the Nigerian Exchange Limited (NGX), this is a 0.06 per cent decline when compared to Tuesday’s N30.34 trillion

May 31, 2023

Business·Insights

Top Five Best Performing Nigerian Banks

Between January to December 2022, the Nigerian banking industry post double-digit growth of 26.92 per cent year-on-year, with the sector generating a combined N5.43 trillion in total revenue from 11 commercial banks. In the banking industry, there are 13 publicly listed commercial

May 10, 2023

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Wema Bank

Wema Bank Reports N240.65bn Profit In Six Months

UAC Nigeria, Wema Bank Raise Stock Market Cap By N369.75bn

Investing In Wema Bank Shares More Profitable Than Hoarding Dollars In 2025

Wema Bank Performs Poorly In Q1 As Revenue Drops 41%, Profit Declines 72%

GTCO, Wema Bank… Five Best-Performing Bank Stocks

Wema Bank records N433bn revenue, net income increases by 139.7%

WEMA Bank, FG Partner To Empower 2 Million Youths, 1 Million MSMEs Nationwide

Wema Bank, BUA Cement, Others Cost Stock Market Investors N672bn

Nigerian Stock Exchange Slumps, Sheds N21.17 billion To Selloffs In Wema Bank, Others

Top Five Best Performing Nigerian Banks

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