Wema Bank’s Q1 2026 profit rises to $46.4 million on stronger lending income

Wema Bank's profit after tax rose to $46.4 million in Q1 2026, driven by a surge in net interest income and continued retail and corporate loan growth across Nigeria.

Omokolade Ajayi June 15, 2026

Business Technology

Malagasy billionaire Hassanein Hiridjee’s AXIAN Telecom secures $197 million to drive expansion

AXIAN Telecom $197 million loan from EBRD boosts Africa expansion, digital infrastructure and telecom network growth plans.

Timilehin Adejumobi June 15, 2026

South Africa's richest man Johann Rupert

Hot News Billionaires Business

With nearly $20 billion fortune, Johann Rupert is back as Africa’s second-richest person

Johann Rupert is back as Africa’s second-richest person with a $19.9 billion fortune as luxury group Richemont edges ahead of BUA's Rabiu.

Omokolade Ajayi June 15, 2026

Business Tourism

South Africa vows to finish Garden Route bridge after decade-long delay

South Africa pushes to complete delayed Garden Route N2 bridge project after contractor failures and years of construction setbacks.

Oluwatosin Alao June 15, 2026

Harel Mallac & Co. Limited, a Mauritius-based diversified conglomerate.

Hot News Business

Mauritius-based Harel Mallac steers recovery as turnaround efforts lift revenue to $72.5 million

Port Louis-based diversified conglomerate Harel Mallac returns to operating profit as turnaround efforts lift revenue to $72.5 million.

Omokolade Ajayi June 15, 2026

Tag: Midroc Ethiopia

Midroc Ethiopia gets $80 million loan to revamp Sheraton Addis hotel

Wema Bank’s Q1 2026 profit rises to $46.4 million on stronger lending income

Malagasy billionaire Hassanein Hiridjee’s AXIAN Telecom secures $197 million to drive expansion

With nearly $20 billion fortune, Johann Rupert is back as Africa’s second-richest person

South Africa vows to finish Garden Route bridge after decade-long delay

Mauritius-based Harel Mallac steers recovery as turnaround efforts lift revenue to $72.5 million

Wema Bank’s Q1 2026 profit rises to $46.4 million on stronger lending income

Malagasy billionaire Hassanein Hiridjee’s AXIAN Telecom secures $197 million to drive expansion

With nearly $20 billion fortune, Johann Rupert is back as Africa’s second-richest person

Wema Bank’s Q1 2026 profit rises to $46.4 million on stronger lending income

Malagasy billionaire Hassanein Hiridjee’s AXIAN Telecom secures $197 million to drive expansion

With nearly $20 billion fortune, Johann Rupert is back as Africa’s second-richest person

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