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    MarketForces Africa » MarketForces News » Wema Bank Lists Rights Issue on Nigerian Exchange at N4.66

    Wema Bank Lists Rights Issue on Nigerian Exchange at N4.66

    Olu AnisereBy Olu AnisereJuly 12, 2024 News No Comments1 Min Read
    Wema Bank Lists Rights Issue on Nigerian Exchange at N4.66
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    Wema Bank Lists Rights Issue on Nigerian Exchange at N4.66

    Wema Bank Plc’s listed its Right Issue of 8,572,103,573 Ordinary Shares at ₦4.66 per share on the Exchange today, Atlass Portfolio Limited said.  The Tier-2 lender share price on the NGX ended the week at N6.65, from N6.70.  #Wema Bank Lists Rights Issue on Nigerian Exchange at N4.66

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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