Wema Bank half-year profit rises to N1.7 billion

Wema Bank said on Thursday that its half-year pretax profit was N1.7 billion ($10.5 million), an increase of  266 percent from the N464.7 million the lender recorded in the same period last year. Gross earnings rose to N12.5 billion during the six months to June 30, against N10 billion a year earl