LAGOS MARCH 1ST (NEWSRANGERS)-Wema Bank, Nigeria’s foremost innovative bank and Africa’s first fully digital bank, ALAT, has been recognised as the member of the month by the Fintech Association of Nigeria for its outstanding contributions to the fintech and innovation ecosystem. The Fintech Association of Nigeria [FinTech NGR] is a non-profit and non-political organisation established…
LAGOS JANUARY 15TH (NEWSRANGERS)-Depositors at Wema Bank are expressing concern following the bank’s announcement of a significant financial setback. The tier 2 lender, led by Moruf Oseni, revealed a loss of over ₦8 billion to litigation and fraud in 2023. The disclosure was made in the financial statement presented to the Nigeria Exchange Group, as…
LAGOS OCTOBER 21ST (NEWSRANGERS)-A shop assistant, Nojeem Ogundele, who lost N350,000 to a fraudster at Wema Bank, Aiyetoro branch, Ogun State, has accused the bank of nonchalance in helping him to retrieve the money. It was learnt that the incident happened around 1pm on October 12 when Ogundele’s boss, Obi Emmanuel, sent him to deposit…
LAGOS SEPTEMBER 27TH (NEWSRANGERS)-A police officer has been confirmed dead and many persons wounded in a bank robbery in Ise-Ekiti, the headquarters of Ise/Orun Local Government Area of the state. The deceased was said to be a security official with a branch of Wema Bank located at the heart of the ancient town. The robbers,…
LAGOS JULY 11TH (NEWSRANGERS)-A teenager, Nonso was on Wednesday brought before an Igbosere Magistrates’ Court in Lagos for allegedly hacking into a Wema Bank account and stealing N4 million. Nonso, 19, is standing trial with one Emeka, 36, on two counts of conspiracy and stealing. The defendants, whose residential addresses were not given, however, pleaded…