Wema Bank Announces Final Tranche Of Recapitalisation Exercise With N200bn

Leadership | 23-01-2025 05:33am |

Wema Bank has announced that it will be completing its capital raise through a combination of a Rights Issue and Special Placement exercise set to go live on April 1, 2025, with the goal of raising N200 billion in fresh capital. This would mark the second and final tranche of the Bank’s recapitalisation exercise, supplementing [...]

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