Wema Bank Plc has noted with concern recent media publications containing false, misleading, and wholly unsubstantiated allegations regarding the sale of certain Banana Island properties purportedly linked to the defunct …
Banking
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BankingNews
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BankingBrandsCollaborationNewsTech
Moniepoint partners with GDG Lagos and Women Techmakers to empower the next generation of women architects in Tech
by Reporterby ReporterIn a critical move to bolster talent density and accelerate Nigeria’s digital economy, Africa’s all in one financial ecosystem, Moniepoint hosted an International Women’s Day event bringing together women in …
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Picture this: it is payday, and you need to transfer money to a loved one or pay a utility bill. In the past, that meant rushing to the bank, standing …
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Banking
ALAT at 9: Wema Bank celebrates nine years of redefining digital banking in Nigeria
by Reporterby ReporterWema Bank Plc is celebrating the 9th anniversary of ALAT by Wema, Africa’s first fully digital bank, marking nine years of transforming how Nigerians experience banking. Launched in …
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BankingCelebrationNews
Wema Bank celebrates 81st anniversary and 9th anniversary of Alat
by Reporterby Reporter…Set to Reward Hundreds of Customers, Launch 5 for 5 Season 5 Wema Bank, Nigeria’s oldest indigenous national bank, most innovative and pioneer of Africa’s first fully digital bank, …
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AppointmentBankingMarketingNews
FirstBank Appoints Olayinka Ijabiyi as Group Head for Marketing and Corporate Communications
by Reporterby ReporterFirstBank, West Africa’s premier financial institution and financial inclusion service provider, has confirmed the appointment of Olayinka Ijabiyi as the substantive Group Head, Marketing and Corporate Communications. The appointment takes …
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BankingFinanceLawNews
FCT High Court dismisses FHT Mega Express suit against Parallex Bank & awards cost of N500,000 against the company in favour of the Bank
by Reporterby ReporterThe Federal Capital Territory High Court has dismissed in its entirety the suit filed by the logistics firm, FHT Mega Express Limited against Parallex Bank Limited, wherein the company claimed …
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BankingNews
EXPLOSIVE: How Titan Trust Bank allegedly used Union Bank’s assets to secure $300m takeover deal
by Reporterby ReporterWhat was sold to Nigerians in May 2022 as a clean and powerful takeover is now looking like something far more troubling. When Titan Trust Bank announced it had acquired …
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BankingNews
Months after Providus Bank forfeits $7m to FG, EFCC grills bank over ‘illegal withdrawal of N270m from customer’s account’
by Reporterby ReporterSeven months after the Economic and Financial Crimes Commission (EFCC) secured a final court order to take possession of $7 million discovered in the vault of Providus Bank Limited, another …
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Banking
Wema Bank meets Central Bank of Nigeria’s recapitalisation; retains national banking license
by Reporterby ReporterWema Bank, Nigeria’s oldest indigenous national bank and pioneer of Africa’s first fully digital bank, ALAT, has successfully met and surpassed the Central Bank of Nigeria’s (CBN) recapitalisation requirements, reaffirming …

