Wema Bank concludes Capital Raise and announces completion of its second tranche of N50billion capital raise.

 

• N50billion Special placement subscribed by 100%

• Total Qualifying Capital now N264billion; above N200bn threshold

• Bank further surpasses regulatory requirements for Commercial Bank with National Authorization

Wema Bank Plc is pleased to announce that it has received all requisite regulatory approvals for its ₦50 billion Private Placement capital raise. This is in addition to the earlier ₦150bn Rights Issue that was successfully completed in September 2025. The Bank now has a total of ₦264.87billion in qualifying capital, above the minimum requirement of N200bn for a Commercial Bank with National Authorization.

This development marks another significant milestone in the execution of the Bank’s capital management program aimed at fortifying its balance sheet, supporting future growth ambitions, and ensuring full compliance with the Central Bank of Nigeria’s (CBN) revised minimum capital requirements.

Oyo NUJ Visits Adron Homes, Commends Company’s Contribution to Affordable Housing

 

As part of activities marking the 2025 Press Week of the Nigerian Union of Journalists (NUJ), Oyo State Chapter, a delegation of journalists paid a courtesy visit to Adron Homes and Properties Limited, Nigeria’s leading real estate development firm. 

The Press Week, slated for October 12th to 17th, 2025, in Ibadan, focuses on strengthening media engagement and celebrating excellence in journalism. The visit aimed to foster collaboration between the NUJ and Adron Homes in promoting public awareness of housing and real estate investment.

Veteran labour activist, Comrade Abiodun Aremu, d!es after hit-and-run in Ota

 Veteran labour activist, Comrade Abiodun Aremu, 65, has been k!lled in a hit-and-run in Ota, Ogun State. 

The renowned activist and Secretary of the Joint Action Front, JAF — the umbrella body for pro-labour civil society organisations — was reportedly knocked down by a vehicle while crossing the road to his residence in Ota, Ogun State, around 6 p.m. on Sunday, October 12. 

Adron Chairman Congratulates Governor Dapo Abiodun on Maiden Flight from Gateway International Airport

 

The Chairman/CEO of Adron Group, Sir Aare Adetola Emmanuelking, KOF, has congratulated the Executive Governor of Ogun State, Prince Dapo Abiodun, CON, and the entire people of Ogun State, on the historic occasion of the maiden commercial flight from the Gateway International Airport, Iperu-Ilishan.

LAGOS STATE GOVERNMENT HONOURS ADRON HOMES FOR CONTRIBUTIONS TO SUSTAINABLE URBAN DEVELOPMENT

 

Adron Homes has once again reaffirmed its leadership position in the Nigerian real estate sector as it was honoured with an Appreciation Award by the Lagos State Government under the Ministry of Physical Planning and Urban Development.

Nigerians battle shortage of cooking gas as price of 12.5kg cylinder of gas rises to N25,000

 

Nigerians are currently facing the shortage of cooking gas across major cities in the country. 

 

Many of the gas stations selling the essential commodity appear to have run out of them while those with the product are currently selling at exorbitant prices.

Wema Bank Expands SME Empowerment to Ghana with NBC Trade Fair

 

As part of its commitment to supporting female entrepreneurs through inter-Africa trade, Wema Bank is extending the reach of women-led businesses with the NBC Trade Fair across Nigeria and beyond.

Adron Homes Hails Nigeria at 65, Reaffirms Commitment to Nation-Building

 

Adron Homes and Properties Limited, Africa’s leading Pan–African real estate company, joins millions of Nigerians at home and in the diaspora in celebrating the nation’s 65th Independence Anniversary.

Aare Adetola EmmanuelKing Celebrates the Coronation of the 44th Olubadan of Ibadanland

 

The Aare Apesinola of Ibadanland and Chairman/CEO of Adron Group, Sir Aare Adetola EmmanuelKing, KOF, has felicitated with His Imperial Majesty, the Olubadan of Ibadanland, Oba Rashidi Adewolu Ladoja, FNSE, on the historic occasion of his coronation as the 44th custodian of the revered throne of Ibadanland.

Three women r@ped, t0rtured and ex3cuted on horror TikTok livestream

 

Authorities in Argentina are investigating a gruesome crime that has shocked the nation after three young women were kidnapped, tortured, r@ped, and executed on a TikTok livestream by members of a narco gang. 

 

Police confirmed that the sadistic broadcast was watched by dozens of people before the gang carried out the killings.

 

Aare Adetola EmmanuelKing Celebrates Olubadan Ladoja at 81

 

The Aare Apesinola of Ibadanland, Sir Aare Adetola EmmanuelKing KOF, has joined the sons and daughters of Ibadanland, Yorubaland, and well-wishers across Nigeria in celebrating His Imperial Majesty, the Olubadan of Ibadanland, Oba Rashidi Adewolu Ladoja, FNSE, on the auspicious occasion of his 81st Birthday Anniversary.