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Wema Bank Generates ₦7.1 Billion From Digital Channels and Posts 54% Profit Jump in H1 2026
Wema Bank has reported ₦7.1 billion in revenue from digital channels alongside a pre-tax profit of N154.56 billion for the first half of 2026, a 53.65 percent year-on-year increase attributed in part to its ALAT digital banking platform. The figures add to evidence that Nigeria's digital-first banking model is beginning to generate meaningful standalone revenue streams.
2 sources
- Wema Bank generated ₦7.1bn from digital channels in H1 2026 · technext24.com · T2
- Wema Bank posts N154.56 billion H1 2026 pretax profit, up 53.65% YoY · nairametrics.com · T2