By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Monday its pretax profit for the period ended December 31, 2015 inched down 1.6 percent to N3.046 billion from N3.094 billion reported a year ago. Similarly profit after tax (PAT) dropped marginally by 1.9 percent to N2.327 billion from […]
Tag: Wema Bank Plc
Nigerian Equities Close Week Lower by 1.13% on Fair Profit-Taking
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market ended the week lower as the NSE all-share index (ASI) and market capitalisation dipped by 1.13 percent to close at 25,694.79 points and N8.839 trillion respectively. “Similarly, all other Indices finished lower during the week, with the exception of the NSE […]
NSE Delists 913.9 Million Ordinary Shares of Wema Bank
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said Friday it has delisted a total of 913,907,131 units of ordinary shares of 50 kobo each belonging to Wema Bank Plc The Exchange said the shares represented the unpaid portion allotted to SW8 Investment Limited in May 2009 now reversed in […]
