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Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessNigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days (6581 Views)

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Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by AnonPoet(op): 8:30am On Apr 24, 2025
All roads lead to Lagos on May 2nd 2025, when Wema Bank, Nigeria's oldest indigenous bank, leading innovative bank and pioneer of Africa's first fully digital bank, ALAT, will be marking its 80th anniversary in grand style, in Lagos, the city where it all started.

Founded on May 2nd 1945 as Agbonmagbe Bank Limited, Wema Bank was established by the Late Chief Matthew Adekoya Okupe and two others—his wife, Regina Adekoya Okupe and a family friend, Reverend Alade

In an era where the banking industry was designed to cater only to the colonial government and expatriates, Wema Bank came to life as a vanguard of indigenous banking, bridging the gap in access to financial services by providing quality financial services tailored to the needs of indigenous Nigerians and businesses.

The story of Wema Bank is one that symbolises remarkable resilience, capturing the journey of an indigenous Nigerian bank that dared to rise at the heights of the colonial era, weathering the storms of the difficult terrain, navigating challenges and constantly reinventing to continue serving Nigerians against all odds, for 8 solid decades and counting. This great bank, which began as the mere vision of an illustrious philanthropist in a hollow room at Agbonmagbe Lodge, Yaba, Lagos, has now grown to not only become Nigeria's longest standing indigenous and most resilient bank but also, Nigeria's most innovative bank.

In truth, Wema Bank's formidable legacy is proof that Nigerian businesses have the capacity to last, transcend time, adapt and innovate to remain valuable to customers, stakeholders, shareholders, industries, and the nation at large. From empowering Nigerians with the finest quality of financial services to providing tailored opportunities for underserved categories of the population, spearheading the future of banking and being a backbone for Nigeria's FinTech industry by not only pioneering the continent's first fully digital bank, ALAT, but also allowing FinTechs to operate using the Bank's secure and advanced network; Wema Bank has built a legacy of impact since 1945.

As Wema Bank counts down to its 80th anniversary on May 2nd, 2025, the world eagerly anticipates the future of possibilities that lies ahead for this phenomenal bank. While details of the grand Wema at 80 event are yet to be disclosed, the event is reported to be the most star-studded and exclusive corporate celebration of the year, convening generations of Nigerians in Lagos in a night of momentous reflection, merriment and grandeur, with the dress code, timeless elegance.

For more information, visit www.wemabank.com/Wemaat80 and follow Wema Bank's social media @wemabank
https://www.thegallantnews.com.ng/2025/04/anticipation-builds-as-wema-bank-clocks.html

Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by mannobi(m):
Wema bank is supposed to be bigger than this but for the fact that they are still surviving till date, I will say "kundus" to them.
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by JackDaAlienz(m): 8:35am On Apr 24, 2025
And they will
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by naijapower: 8:36am On Apr 24, 2025
Congratulations.
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by brunobaba(m): 8:36am On Apr 24, 2025
Congratulobia
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by huptin(m): 8:37am On Apr 24, 2025
Congratulations 🎊

For Wema to have survived for 80 years, it shows that Nigeria can work.

Cheers to the next 100 years! Wema keep going up.
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by TimeManager(m): 8:37am On Apr 24, 2025
Still standing tall, the history behind it is very instructive.


-Kiss the truth!
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by Doctordogood(m): 8:39am On Apr 24, 2025
Let's go there!!! This is huge achievement.
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by MANNABBQGRILLS: 8:40am On Apr 24, 2025
Happy 80th Anniversary Wema Bank.

We were among the first customers bank then.
cool

Agbalagbis like dem MANNA 😉
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by Onyi90(m): 8:43am On Apr 24, 2025
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by SEGLIZ: 8:44am On Apr 24, 2025
agbón má gbe
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by ariesbull: 8:45am On Apr 24, 2025
Oldest bank that isn't national but regional

What have they been doing all these 80 whole years ? Maybe they were eating amala ati gbegiri
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by PRINCESSFCFANSs(f):
OK ,



Good ,


that is if they still exist .




we thought they have short down completely ?



with the way their branches where closing up from services.



so people still have their money there?



Princess Faith Chukwu
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by Newborn27(f): 8:52am On Apr 24, 2025
Congratulations my bank!
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by cosse(m): 8:57am On Apr 24, 2025
ariesbull:
Oldest bank that isn't national but regional

What have they been doing all these 80 whole years ? Maybe they were eating amala ati gbegiri
Wema bank isn't regional..it's national..update your info and read a lot
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by ALLNIGERIANSMAD(m): 9:01am On Apr 24, 2025
ariesbull:
Oldest bank that isn't national but regional

What have they been doing all these 80 whole years ? Maybe they were eating amala ati gbegiri
when last did you feel good about anything in your life? Must you criticize everything?
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by bobbiiee: 9:04am On Apr 24, 2025
They survived the storm that swept some banks. There is room for improvement.
Kundus!
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by pneumatikos: 9:04am On Apr 24, 2025
I am glad Wema Bank is my salary account. They have come through for me several times with salary loans and at a reasonable interest rate. Kudos Wema Bank. More greater years ahead.
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by Okjay: 9:06am On Apr 24, 2025
Bank that I bought their shares 15years ago, till today no one naira has been paid as dividend.
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by Akpaamunsi: 9:08am On Apr 24, 2025

The bank is just a living carcass. Nothing from that region bears good fruits
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by Akpaamunsi: 9:09am On Apr 24, 2025
[quote author= post=135104521]Happy 80th Anniversary Wema Bank.

We were among the first customers bank then.
cool

Agbalagbis like dem MANNA 😉[/quote]U still dey?
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by essyiyk: 9:12am On Apr 24, 2025
Congratulations my BANK
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by Honchoslim16(m): 9:15am On Apr 24, 2025
pneumatikos:
I am glad Wema Bank is my salary account. They have come through for me several times with salary loans and at a reasonable interest rate. Kudos Wema Bank. More greater years ahead.
Hi, can i ask a question?
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by Amaggedon: 9:15am On Apr 24, 2025
ariesbull:
Oldest bank that isn't national but regional

What have they been doing all these 80 whole years ? Maybe they were eating amala ati gbegiri
Very useless scams. The reason they are not so much in use is because they are not truthful
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by GeneralPula: 9:21am On Apr 24, 2025
mannobi:
Wema bank is supposed to be bigger than this but for the fact that they are still surviving till date, I will say "kundus" to them.
I think Wema bank is still okay like that. They’re one of the most respected banks in Nigeria. They hardly give their customers wahala
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by culf: 9:21am On Apr 24, 2025
They should spread more, have branches in major towns and cities. Congratulations to them
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by free2ryhme: 9:27am On Apr 24, 2025
AnonPoet:
https://www.thegallantnews.com.ng/2025/04/anticipation-builds-as-wema-bank-clocks.html
80 years of incompetence. Even gtbank that started yesterday performing better than them. Staff pay and service level is abysmal
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by AMI3(m): 9:29am On Apr 24, 2025
This bank sabi charge their customers for every withdrawal.
I fear who no fear this bank
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by baralatie(m): 9:50am On Apr 24, 2025
Congratulations and more grease to your elbow
Re: Nigeria's Oldest Indigebous Bank, Wema Bank Clocks 80 In 8 Days by dododawa1: 10:03am On Apr 24, 2025
My first SIWES COINS bank.
1 2 Reply

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