Wema bank surpasses CBN recapitalisation threshold, retains national licence

 Key points Main story Wema Bank has announced that it has successfully met and surpassed the recapitalisation requirements set by the Central Bank of Nigeria (CBN), reaffirming its status as a national bank. The lender disclosed that its total qualifying capital now stands at ₦264.7 billion, exceeding the regulatory minimum of ₦200 billion. The milestone … Continue reading Wema bank surpasses CBN recapitalisation threshold, retains national licence