Tag: Wema Bank

Wema Bank Posts N853.4 million Loss in Q1 2013

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Wema Bank Plc Thursday posted a loss of N853.4 million in its first quarter (Q1) report for the period ended March 31, 2013.  From the result announcement of the bank to the Nigerian Stock Exchange (NSE) in Lagos Nigeria and made available to InvestAdvocate, profit […]

Wema Bank Posts N5.040 billion Loss in 2012 End

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Wema Bank Plc Friday reported a loss of N5.040 billion for its audited report for the period ended December 31, 2012. From the result of the bank released to the Nigerian Stock Exchange (NSE), loss for the year from continuing operations increased from N4.228 billion […]

Wema Bank raises N40bn fresh capital

Wema Bank Plc on Thursday said its capital raising exercise had led to the injection of N40bn fresh capital into the company. As a result, the bank said it had initiated the process of implementing its strategic growth plan geared towards increasing market share and profitability over the next five […]