Troubled marriage: Ladi Balogun, former FCMB MD separates from wife

After being kept under wraps for long, it’s eventually in the open that the celebrated marriage between Ladi Balogun, former MD of FCMB, and his wife Banke Alakija has crashed. The couple fell out of love, and simply stopped tolerating each other. Sources close to the estranged couple revealed that their marriage crashed due to irreconcilable differences. Banke allegedly refused to play second fiddle to Ladi. She was not submissive and couldn’t fulfill the role of dutiful wife, friend, lover and confidant to her husband, according to Ladi’s apologists. On…

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Wema Bank increases earnings by 51% to N95.354 billion on loan growth

Nigeria’s most innovative bank and digital banking pioneer, Wema Bank Plc, has recorded gross earnings of N95.345 billion in the third quarter ended September 30, 2022, representing a growth of 51.17% year-on-year, from N63.077 billion posted during the same time in 2021. According to the bank’s unaudited financial results for the third quarter of 2022, the grow in gross earnings reflects an increase in loans and advances and supported in a challenging macro economic environment. The result shows that Interest income grew by 55.14 percent y-o-y, benefitting from strong loan…

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