Closing prices from 19 Oct 2026
Last refreshed Oct 19, 2026 17:00 WAT
Wema BankWEMABANK
FINANCIAL SERVICES NGXclosing price · trade date October 19, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About Wema Bank
Wema Bank Plc is a pioneering commercial bank in Nigeria, providing a wide range of retail, corporate, and digital banking services to individuals and businesses across the country.
Established in 1945, Wema Bank Plc is Nigeria's longest-surviving indigenous financial institution. It operates under a national banking license granted by the Central Bank of Nigeria (CBN), offering comprehensive retail, commercial, and corporate banking solutions.
The bank is widely recognized for pioneering digital banking in Nigeria through the launch of ALAT, a fully digital banking platform designed to provide seamless financial services. The bank presents ALAT as a key part of its retail growth strategy.
Headquartered in Lagos, Wema Bank continues to expand its service channels, including physical branches, agent banking locations, and digital touchpoints, aiming to enhance financial inclusion and support economic growth in Nigeria.
Fundamentals & Ratios
Company metrics where available.
Dividend History
Digital Banking Innovation
Wema Bank is known for ALAT, which it describes as Nigeria's first fully digital bank. The platform has transformed the company's retail banking strategy, and this digital ecosystem is intended to support transaction growth and operational efficiency.
Market Positioning and Growth
As one of Nigeria's established financial institutions, the bank focuses on mid-market corporate banking and retail expansion. By leveraging strategic partnerships and expanding its agency banking network, it seeks to capture a larger share of the unbanked and underbanked population. This balanced approach supports its long-term stability and regional market penetration.