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Wema Bank Plc

Armed robbers hit Ekiti bank, kill policeman, empty vault, ATM

Some armed robbers on Thursday attacked a branch of Wema Bank Plc in Ise Ekiti, Ise/Orun Local Government Area of Ekiti State.
Ogun State Governor, Prince Dapo Abiodun has given reasons why he needs financial support from banks to move the state to the next level.

Governor Abiodun: Why I need financial support to move Ogun to next level

Ogun State Governor, Prince Dapo Abiodun has given reasons why he needs financial support from banks to move the state to the next level.

Court acquits NAF officer of corruptly receiving contractor’s N166 million gift

The High Court of the Federal Capital Territory in Apo, Abuja, has discharged and acquitted a former Chief of Training and Operations of the Nigerian Air Force, Air Vice Marshal Olutayo Oguntoyinbo, of the offence of corruptly accepting N166m gift from a contractor with NAF.
Nigerian Stock Exchange NSE

Stock market records highest gain in three months

The nation’s stock market recorded its highest gain since February 12 last week as the market capitalisation of equities rose by N1.874tn following the listing of MTN Nigeria Communications Plc on the Nigerian Stock Exchange.

Wema Bank resumes dividend payment, declares N1.16 million payout

Wema Bank Plc has declared N1.16 million dividend, translating to N0.03 per share for its shareholders, for the year ended December 31, 2018, after 15 years of non-dividend payment.

Banks partner Mojec on prepaid meters

Mojec Meter Assets Management Company, a subsidiary of Mojec International Limited, has announced a partnership with some banks to provide retail financing for the rollout of prepaid meters to its customers within the coverage area of its partner distribution companies (DISCOs) across the country.

Hackaholics: Wema Bank earmarks $10,000 prize

Wema Bank Plc says it has earmarked 10,000 dollars for the winning solutions that will boost the use of innovative technologies in the finance and other sectors.
Nigerian Stock Exchange NSE

Stock investors suffer N196 billion losses amid sell-off

Investors in the nation’s stock market lost N196bn on Monday as equities listed on the Nigerian Stock Exchange declined following the sudden postponement of the general elections.

Ex-Oyo deputy speaker denies ever receiving cars from Rashidi Ladoja

Former Deputy Speaker of the Oyo State House of Assembly, Hon. Titilola Ademola Dauda, yesterday at a Federal High Court sitting in Lagos South West Nigeria that former Governor of Oyo State Rashidi Ladoja did not buy any vehicle for him and 13 other loyal lawmakers in 2005 to escape impeachment.

NSE sanctions eight banks with N102 million fines

The Nigerian Stock Exchange has sanctioned eight banks with fines totalling N102.7m for failing to file their financial statements at the regulatory date.

Wema Bank: 13,000 people saved N7 billion through ALAT Goals

Wema Bank Plc has stated that its first fully digital bank ALAT Goals launched a year ago has helped 13,267 people save over N7 billion with an average monthly savings of N1 billion.

Pastor jailed two years for N.98 million fraud

A magistrate court in Lagos has convicted and sentenced a 58-year-old man, Abel Olukayode, to four years and six months for defrauding WEMA Bank of N984,000.

Stock market year-to-date decline worsens to 7.4 percent on weak investor appetite

The year-to-date decline of the Nigerian Stock Exchange (NSE) All-Share Index worsened to 7.4 per cent yesterday as the stock market maintained a downward trend.

Equities market opens week bullish on bargain hunting

The Nigerian equities market opened the week on a positive note as the Nigerian Stock Exchange (NSE) All Share Index rose by 0.30 per cent to 36,711.96. This was just as bargain hunting entered its second day.
Nigeria Stock Exchange

Equities market declines further on sustained bearish trading

The equities market remained bearish as the new week commenced yesterday with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) declined 0.34 per cent to 37,266.86.
There was large early turnout of voters in Ado-Ekiti capital city, as electorate already trooped out enmasse as early as 6.00am trekking long distances to get to their polling units.

Ekiti goes to poll as electorate decide fate of 35 candidates

The people of Ekiti State will on Saturday queue behind their candidates for the governorship election scheduled to replace the incumbent Ayodele Fayose, whose tenure will end in November.
Ademola Adebise

Wema Bank appoints new chief executive as Segun Oloketuyi retires

Wema Bank Plc. has appointed Ademola Adebise as its chief executive officer after the retirement of Segun Oloketuyi.

Ekiti guber: INEC declares ex-deputy governor as PANDEL candidate

A former Group Managing Director of Wema Bank Plc and former Deputy Governor of Ekiti State, Adebisi Omoyeni, has been declared as the candidate of the People Alliance for National Development and Liberty Party for the July 14, 2018 governorship election in Ekiti State.

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Director-General, National Information Technology Development Agency (NITDA), Dr. Isah Pantami

FEC approves name change for Ministry of Communications

The Federal Executive Council on Wednesday approved the renaming of the Federal Ministry of Communications as Federal Ministry of Communications and Digital Economy.
The Minister of Youth and Sports Development, Sunday Dare, Wednesday approved funds to repay IAAF, for the excess fund the World Athletics body mistakenly transferred to Nigeria.

Sports minister approves fund to refund IAAF overpayments

The Minister of Youth and Sports Development, Sunday Dare, Wednesday approved funds to repay IAAF, for the excess fund the World Athletics body mistakenly transferred to Nigeria.
The China Civil Engineering and Construction Company, contractors handling the ongoing Lagos-Ibadan standard gauge rail line, says it has made appreciable progress in Lagos section in spite of impediments.

Lagos-Ibadan rail: We’re overcoming impediments in Lagos section – CCECC

The China Civil Engineering and Construction Company, contractors handling the ongoing Lagos-Ibadan standard gauge rail line, says it has made appreciable progress in Lagos section in spite of impediments.

Police declare four cultists wanted in Lagos

This followed confessional statement of seven Eiye confraternity members who were recently charged to court after men of the Special Anti Robbery Squad, Iju base rounded them up.
Canadian prime minister Justin Trudeau has admitted to wearing brownface makeup during a 2001 event at a school where he was teaching, saying it is something he “regret[s] deeply”.

Prime Minister Justin Trudeau rules out coalition as he forms new Canadian government

Canadian Prime Minister Justin Trudeau on Wednesday ruled out forming a coalition government despite an election victory that left his Liberals short of a majority.