Federal finance and statistics / Central Bank of Nigeria

A Framework for the Resolution of the Crisis in WEMA Bank Plc

Following a long and exhaustive meeting on WEMA Bank today by the CBN, NDIC, SEC, O'DUA Group Ltd, Mr. J.O. Omoyeni, and members of the Board of Directors of Wema Bank on the crisis that engulfed the bank and the way forward, the following conclusions/agreements on the road map for repositioning the bank were unanimously reached by all the parties as follows: Click here for details