Neemtree Limited, and SW8 Investment Limited increased their holdings in Wema bank, they now own close to 26 percent stake in Wema bank.
Neemtree Limited, linked to Kessington Adebutu, founder and chairman of Premier Lotto Limited, now holds a 29.59% equity stake, up from 28.26% in the 2024 financial year.
Similarly, SW8 Investment Limited, a special purpose vehicle, raised its stake to 26.87% from 17.08%, according to the audited financial statements.
As of April 2, 2026, Wema Bank PLC (WEMABANK) stock is trading on the Nigerian Exchange (NGX) at approximately
₦26.20 - ₦26.40 per share. The stock has experienced significant growth over the past year (up over 138%), despite a slight decline in the last month.
Bloomberg.com +4
Key Wema Bank Stock Data (NGX: WEMABANK)
Neemtree Limited, linked to Kessington Adebutu, founder and chairman of Premier Lotto Limited, now holds a 29.59% equity stake, up from 28.26% in the 2024 financial year.
Similarly, SW8 Investment Limited, a special purpose vehicle, raised its stake to 26.87% from 17.08%, according to the audited financial statements.
As of April 2, 2026, Wema Bank PLC (WEMABANK) stock is trading on the Nigerian Exchange (NGX) at approximately
₦26.20 - ₦26.40 per share. The stock has experienced significant growth over the past year (up over 138%), despite a slight decline in the last month.
Bloomberg.com +4
Key Wema Bank Stock Data (NGX: WEMABANK)
- Share Price: ₦26.20 (As of April 2, 2026)
- 24h Change: +0.38%
- 52-Week Range: ₦10.45 – ₦28.00
- Market Capitalization: Approximately ₦1.05 - ₦1.06 Trillion
- Year-to-Date Performance: +28.4%