September 12, 2025

Recapitalisation

General

Wema Bank Completes ₦150 Billion Rights Issue, Advances Recapitalisation Efforts 

Lagos, Nigeria – September 11, 2025 Wema Bank Plc has successfully concluded its ₦150 billion Rights Issue, which commenced on April 14, 2025, and closed on May 21, 2025. The offer comprised 14,286,785,417 ordinary shares at ₦10.45 per share, issued on the basis of two new shares for every three held as of March 5,

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