• CBN approves Wema Bank to operate National

    CBN approves Wema Bank to operate National

    Six years after it restructured into a regional bank, Wema Bank Plc has upgraded its banking licence to a national banking status.

    Having increased its capital base to N43.8 billion, according to the banking sector requirement, the bank was granted a final approval for the national banking licence by the Central Bank of Nigeria (CBN).

    In 2010, Wema Bank downscaled to operate only within its core areas of business – South South, South West, and the Federal Capital Territory (FCT), Abuja.

    This has […]

  • Police Arrests Wema Banker For Forging WASSCE, University Results

    Police Arrests Wema Banker For Forging WASSCE, University Results

    The Lagos State Police Command has arrested a 26-year-old banker, Daniel Makanjuola, for using a cloned West African Senior School Certificate and Lagos State University’s statement of result to secure employment at the Wema Bank Plc, Marina branch, on the Lagos Island.

    The police said Makanjuola had paraded himself as a degree holder in marketing with Second Class, Upper Division, before his arrest.

    He was also said to have tendered a forged National Youth Service Corps discharge certificate and a
    reference letter to […]