With a number of Nigerian banks having postponed moves to raise fresh funds, the CNB said it was monitoring the three lenders’ recapitalisation plans and that 10 others with international status met the 15 per cent minimum capital rate for that category of bank at the end of June
Browsing: wema bank
The News Agency of Nigeria recalls that Wema Bank downscaled to a regional bank in 2010 to operate only within core areas of business in South South, South West and the FCT, Abuja
However, profit before tax stood at N1.53 billion in the third quarter of 2015, down from the N2.51 billion recorded in the same period of 2014
Wema Bank Plc, Nigeria’s longest surviving indigenous bank, has increased its branch network with two new additions. This is in…
The suspects were picked up by operatives of the anti-graft agency for stealing and putting into circulation defaced and mutilated Nigerian currency notes to the tune of N8 billion meant for destruction
Its operating income rose by 68 per cent to N20.9 billion against N12.5 billion posted in the previous year
The panel declared that since the tellers with Goloba were stamped with the bank’s stamp and bore Olatunbosun’s signature, it would accept responsibility for the missing money
This was made known during a visit by MoneyGram International representatives to the Bank.
AgentWorks is the latest upgrade to the MoneyGram money transfer platform that provides for better security of funds and transactions, quicker authentication and a more efficient service delivery on the MoneyGram network