Wema bank – InfoStride News

Wema Bank Chair, CEO Recommit to Women’s Empowerment

Temitope Nlewemchi — Tue, 20 Jan 2026 22:16:46 +0000

The Chairperson and Chief Executive Officer of Wema Bank have reaffirmed the bank’s dedication to empowering women through financial inclusion, business support, and leadership opportunities. Their renewed commitment aligns with the bank’s ongoing initiatives to create a more inclusive financial system that caters to the needs of female entrepreneurs and professionals. Speaking at a recent [...]

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Wema Bank Empowers Tech Innovators at Hackaholics Grand Finale

Temitope Nlewemchi — Sun, 21 Dec 2025 15:35:10 +0000

Wema Bank has reaffirmed its commitment to youth empowerment, innovation and digital transformation with the successful conclusion of the grand finale of its flagship innovation programme, Hackaholics. The event, which brought together some of Nigeria’s brightest technology talents, marked the climax of months of intense competition, mentorship and solution development aimed at addressing real-life economic [...]

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Wema Bank Introduces Exclusive Black Card Ahead of 13th GAH Awards Ceremony

Temitope Nlewemchi — Wed, 03 Dec 2025 15:54:10 +0000

Wema Bank has expanded its premium banking portfolio with the introduction of a new Black Card, launched as part of the build-up to the 13th Global Achievers Honors (GAH) Awards. The new offering marks a significant step in the bank’s continuing push to provide more personalised and luxury-focused financial services tailored to high-value clients. The [...]

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Wema Bank completed its recapitalization, surpassing the minimum capital requirement by 32%

Temitope Nlewemchi — Fri, 17 Oct 2025 18:43:52 +0000

Wema Bank Plc has successfully completed its recapitalisation exercise, achieving a capital position that exceeds the Central Bank of Nigeria’s (CBN) minimum capital requirement by 32 percent. The milestone positions the bank among the first financial institutions in Nigeria to fully comply with the apex bank’s revised capital directive ahead of schedule. The bank’s management, [...]

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Wema Bank Launches 2025 Edition of Teachers’ Challenge to Celebrate Educators

Temitope Nlewemchi — Fri, 03 Oct 2025 15:52:55 +0000

Wema Bank Plc has announced the commencement of entries for its annual Teachers’ Challenge, an initiative designed to celebrate and reward innovation, creativity, and excellence in Nigeria’s education sector. The program, which coincides with activities marking the 2025 World Teachers’ Day, provides teachers across the country with a platform to showcase their unique methods of [...]

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Wema Bank Celebrates Multiple Award Wins

Temitope Nlewemchi — Fri, 15 Nov 2024 15:33:55 +0000

Wema Bank, one of Nigeria’s leading financial institutions, has been recognized with multiple prestigious awards in the banking sector, highlighting its commitment to excellence, innovation, and customer-centric services. These accolades reinforce the bank’s position as a trailblazer in digital banking and a trusted partner for financial growth. Recognized for Excellence At the recent awards ceremonies [...]

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Wema Bank Partners with NYSC on Youth Empowerment

Temitope Nlewemchi — Tue, 20 Feb 2024 22:40:50 +0000

Wema Bank has announced a strategic partnership with the National Youth Service Corps (NYSC) in a joint effort to empower and support Nigerian youth. This collaboration underscores the bank’s commitment to youth development, financial inclusion, and fostering entrepreneurship among the country’s young population. The partnership with NYSC may involve initiatives such as financial literacy programs, [...]

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Former Wema Bank CEO Adebise Launches Memoir

Temitope Nlewemchi — Mon, 19 Feb 2024 01:06:34 +0000

In a noteworthy development, the former Chief Executive Officer (CEO) of Wema Bank, Ademola Adebise, has launched a memoir, offering insights into his professional journey and experiences in the banking industry. The memoir is expected to provide readers with a unique perspective on the challenges and triumphs of leading a prominent financial institution. Ademola Adebise, [...]

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Wema Bank’s Rights Issue and Share Price Rally – Rewarding Investor Confidence

Temitope Nlewemchi — Tue, 23 Jan 2024 20:43:49 +0000

In a strategic move to bolster its capital base and support expansion initiatives, Wema Bank recently conducted a Rights Issue, providing existing shareholders with the opportunity to purchase additional shares. The success of the Rights Issue, coupled with a subsequent rally in the bank’s share price, reflects a positive response from investors and underscores the [...]

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Wema Bank Bolsters Capital with N40 Billion Injection for Robust Recapitalization Drive

Temitope Nlewemchi — Wed, 20 Dec 2023 19:48:49 +0000

Infostride News reported that Wema Bank recently concluded a successful fund-raising venture, securing an impressive N40 billion earlier this month. This strategic move comes amidst anticipation within the banking sector of a potential recapitalization exercise. The bank, however, doesn’t plan to stop there, as it now eyes additional funds through either a share placement or [...]

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Naira Scarcity: Angry Customers burnt down Wema Bank, Others in Sagamu [VIDEO]

Adewale Ade — Mon, 20 Feb 2023 17:30:27 +0000

Angry customers today vandalised and burnt down Sagamu’s Wema Bank branch and others and carted away several items over the ongoing Naira scarcity in the country. The attitude is highly condemnable, and those responsible should face the wrath of the law. A concerned citizen comments, “This is simply stupid and crazy. How’s this solving the [...]

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Davido’s N1 million challenge infuses Wema bank boost

Temitope Nlewemchi — Thu, 18 Nov 2021 21:06:14 +0000

Wema Bank’s customer deposits is set for further boost following the recent N1 million challenge by popular Nigerian Afrobeats megastar, David Adedeji Adeleke (a.k.a Davido, a.k.a O.B.O). The bank’s recent financial statement for Q3 2021 shows that its customer deposits increased by 9.3% to N879.82 billion from N804.87 billion recorded as of the beginning of [...]

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