Moruf Oseni; the Managing Director and Chief Executive Officer of Wema Bank, has declared March 4, 2026, as the official date of its 2026 IWD Grand Event. The global IWD 2026 theme, “Give To Gain,” served as the inspiration for this year’s celebration and the event will be held under […]
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Nigeria’s digital finance sector reached a new milestone as PalmPay, in partnership with Wema Bank, executed the first live transaction on the Nigeria Inter-bank Settlement System (NIBSS) National Payment Stack (NPS). The historic transaction, recorded at 11:56 a.m. on Friday, November 7, 2025, underscores the country’s growing role in Africa’s […]
Moruf Oseni’s Wema Bank faced N8.067 billion in court cases as of September 2023, coupled with a loss of N239.920 million due to fraud and burglary during the nine-month period ending September 2023. The recently released financial statement to the Nigerian Exchange Group unveiled these challenges. However, the […]
On his part, Executive Director of Retail and Digital Business, Wema Bank, Tunde Mabawonku, said the innovation would empower the bank’s clientele to embrace a wider Enza’s innovative Payment Orchestration will enable Wema Bank to provide secure and reliable payment options at a reduced cost. Enza, a new disruptor in […]