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Wema Bank Declares Dividend, Approves N50 Billion Capital Raise at 2024 AGM
The BusinessNG
|The Business NG
Wema Bank Plc held its 2024 Annual General Meeting (AGM) virtually on May 22, 2025, where shareholders approved key resolutions aimed at strengthening the bank's financial position and corporate governance.
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The bank declared a dividend of N1.00 per share for the financial year ended December 31, 2024, payable to shareholders on record as of May 1, 2025, subject to withholding tax. This move reflects the bank's commitment to delivering value to its investors.
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