All roads result in Lagos on Could 2nd 2025, when Wema Bank, Nigeria’s oldest indigenous {bank}, main progressive {bank} and pioneer of Africa’s first absolutely digital {bank}, ALAT, will probably be marking its eightieth anniversary in grand model, in Lagos, the town the place it began.
Based on Could 2nd 1945 as Agbonmagbe {Bank} Restricted, Wema Bank was established by the Late Chief Matthew Adekoya Okupe and two others—his spouse, Regina Adekoya Okupe and a household pal, Reverend Alade. In an period the place the banking business was designed to cater solely to the colonial authorities and expatriates, Wema Bank got here to life as a vanguard of indigenous banking, bridging the hole in entry to {financial} providers by offering high quality {financial} providers tailor-made to the wants of indigenous Nigerians and companies.
The story of Wema Bank is one which symbolises exceptional resilience, capturing the journey of an indigenous Nigerian {bank} that dared to rise on the heights of the colonial period, weathering the storms of the troublesome terrain, navigating challenges and continuously reinventing to proceed serving Nigerians towards all odds, for 8 stable many years and counting. This nice {bank}, which started because the mere imaginative and prescient of an illustrious philanthropist in a hole room at Agbonmagbe Lodge, Yaba, Lagos, has now grown to not solely change into Nigeria’s longest standing indigenous and most resilient {bank} but additionally, Nigeria’s most progressive {bank}.
In reality, Wema Bank’s formidable legacy is proof that Nigerian companies have the capability to final, transcend time, adapt and innovate to stay useful to clients, stakeholders, shareholders, industries, and the nation at giant. From empowering Nigerians with the best high quality of economic providers to offering tailor-made alternatives for underserved classes of the inhabitants, spearheading the way forward for banking and being a spine for Nigeria’s FinTech business by not solely pioneering the continent’s first absolutely digital {bank}, ALAT, but additionally permitting FinTechs to function utilizing the {Bank}’s safe and superior community; Wema Bank has constructed a legacy of affect since 1945.
As Wema Bank counts right down to its eightieth anniversary on Could 2nd, 2025, the world eagerly anticipates the way forward for prospects that lies forward for this phenomenal {bank}. Whereas particulars of the grand Wema at 80 occasion are but to be disclosed, the occasion is reported to be essentially the most star-studded and unique company celebration of the yr, convening generations of Nigerians in Lagos in an evening of momentous reflection, merriment and grandeur, with the costume code, timeless class.
For extra info, go to www.wemabank.com/Wemaat80 and comply with Wema Bank’s social media @wemabank