Ekiti State Government Did Not Sell Its Shares in Wema Bank

Ekiti State Government Did Not Sell Its Shares in Wema Bank

- in World News

The attention of the bank has been drawn to some misleading reports in the media which state that Ekiti State Government has sold some of its shares in Wema bank Plc thereby reducing its holdings in the bank.

In a statement by Funmilayo Falola
Head, Marketing, Corporate Communications & Investor Relations
Wema Bank Plc stares: “We wish to state that this report is not correct and should be disregarded by the public. Ekiti State Government only transferred its shares to the State investment company and are still the ultimate owners of the mentioned units of Wema Bank Plc shares”.

Ekiti State Government is also a part owner of Odua group which is a core shareholder in Wema Bank Plc.

Share your story or I Witness Reports with us 24/7 via: SMS: +234 (0)9076248001, Whatsapp: +234(0)8072022024, Email: gatmashblog@gmail.com, follow us on our social media platform: Twitter, Instagram, Facebook:@Gatmash and Subscribe to our YouTube Channel: Gatmash TV.

Gatmash News is one of the most sought- after news portals, with increasing audience, exclusive breaking news and reports across the globe. Plus more. Website: www.gatmash.com

For advert placement, contact us today via email: gatmashblog@gmail.com or call our hotlines on Tel: +234(0)9076248001

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

LAGOS: Police Arrest Suspected Cultists, Armed Robbers in Transit

*Recover Arms, Charms* The Police Operatives attached to