Business

Wema Bank Celebrates 80 Years of Impact

…Sets the stage for a future of more possibilities Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially marked the incredible milestone of its 80th anniversary on Friday, May 2nd, 2025. Celebrated as Nigeria’s oldest indigenous bank, Wema Bank was founded on …

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Man defrauds bank of N16.7m, gets jail sentence

An Ikeja Special Offences Court on Wednesday sentenced a man, Abubakar Sani, to one year imprisonment for defrauding Lotus bank of N16.7 million. Justice Olubusola Okunuga convicted Sani following his guilty plea to an amended one-count charge of being in possession of an item reasonably suspected to have been stolen. …

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