Wema Bank has reported a profit before tax of N43.64 billion for the year ended 31 December 2023.
According to the financial statements reviewed by Nairametrics, Wema Bank reported gross earnings of N226.915 billion, a 71.51% increase from the N132.301 billion reported the year prior.
A significant portion of this revenue was from interest income, which constitutes about 82% of the gross earnings. READ THE FULL ARTICLE
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