Wema Bank – Page 2 of 3 – Prime Business Africa

Sell-Off in Wema Bank, Chams, Others Cost Stock Investors N35.66 billion

The market capitalisation of the Nigerian bourse settled at N30.35 trillion after trading hours on Tuesday, 14 March 2023. Investors lost N35.66 billion when today’s equity capitalisation is compared to the N30.39

Fakoyejo Olalekan

March 14, 2023

Wema Bank In Search Of N25 billion, Target Private Investors

Business

Wema Bank In Search Of N25 billion, Targets Private Investors

Wema Bank has announced plans to borrow N25 billion through bond issuance, a corporate document dated 2 March 2023 has revealed. The financial institution said part of the fund will be disbursed

Fakoyejo Olalekan

March 3, 2023

Business·Markets

Investors Earn N256.3 billion, As Stock Market Cap Rises To N28.15 trillion

Investors closed trading on Monday with an N256.3 billion gain, as the market capitalisation appreciated by 0.9 per cent. This raised the market capitalisation up from N27.89 trillion to N28.15 trillion. Similarly,

Fakoyejo Olalekan

January 9, 2023

Business·News

Wema Bank Boss Adebise Retires, New MD Appointed

Wema Bank PLC has announced retirement of its Managing Director/CEO, Ademola Adebise, with effect from 31 March 2023. The bank’s management board has also appointed Moruf Oseni, current Deputy Managing Director to

Victor Ezeja

December 30, 2022

Business·Markets

Investors At Wema Bank, UACN, Others Pocket N183.59 billion, As Bourse Rises

At the end of trading on Wednesday, investors pocket N183.59 billion as the market capitalisation appreciated by 0.71 per cent. The gain lifted the market capitalisation to N25.95 trillion from Tuesday’s N25.77 trillion.

Fakoyejo Olalekan

November 30, 2022

Business

Agusto Upgrades Wema Bank Funding SPV Series II Bond to ‘Bbb+’, with a Stable Outlook

Ratings agency Agusto & Co. has upgraded Wema Bank Funding SPV Plc’s (‘the Issuer or ‘the SVP) Series II Bond (the Issue or the Bond) to ‘Bbb+’, with a stable outlook, from

Fakoyejo Olalekan

October 27, 2022

Business·Insights

Best Performing Bank Stocks H1: Investors Sell Off GTCO, Zenith Bank Shares To Buy Wema, Others

Shareholders of United Bank for Africa (UBA), Guaranty Trust Holding Company (GTCO), Access Corporation and Zenith Bank suffered heavy losses in the Nigerian Stock Exchange during the First Half (H1) of 2022.

Fakoyejo Olalekan

October 9, 2022

Business

Wema Bank Emerges Best Performing Bank in Half year 2022

Nigeria’s most innovative bank, Wema Bank Plc, has emerged the best performing bank in the first half of year 2022 financial year with a weighted average score of of 2.83 points, beating

Fakoyejo Olalekan

October 6, 2022

Business·News

Wema Bank Records 50% Gross Earnings In First Half Of 2022

Wema Bank Plc, pioneer of Africa’s first fully digital bank in Nigeria has posted a growth performance across all financial indices in the First-Half of its 2022 operations. This is contained in

Victor Ezeja

August 3, 2022

Business·Insights

Wema Bank Grows Profit 108.3% On N1trn Assets

Wema Bank PLC has announced its unaudited financial results for 2021 full-year (FY) ended December 31, recording 108.3 per cent growth in profit before tax (PBT) and total assets in excess of

Fakoyejo Olalekan

June 16, 2022

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Wema Bank - Page 2

Sell-Off in Wema Bank, Chams, Others Cost Stock Investors N35.66 billion

Wema Bank In Search Of N25 billion, Targets Private Investors

Investors Earn N256.3 billion, As Stock Market Cap Rises To N28.15 trillion

Wema Bank Boss Adebise Retires, New MD Appointed

Investors At Wema Bank, UACN, Others Pocket N183.59 billion, As Bourse Rises

Agusto Upgrades Wema Bank Funding SPV Series II Bond to ‘Bbb+’, with a Stable Outlook

Best Performing Bank Stocks H1: Investors Sell Off GTCO, Zenith Bank Shares To Buy Wema, Others

Wema Bank Emerges Best Performing Bank in Half year 2022

Wema Bank Records 50% Gross Earnings In First Half Of 2022

Wema Bank Grows Profit 108.3% On N1trn Assets

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