By John Silas
Wema Bank, Nigeria’s oldest indigenous bank and the pioneer of Africa’s first fully digital bank, ALAT, has been named Nigeria’s Best Digital Bank for Consumers 2026 by Euromoney, one of the world’s most respected authorities on financial services and banking excellence.
The prestigious recognition affirms the bank’s sustained leadership in digital innovation, customer experience, and financial inclusion, further reinforcing its position as one of Nigeria’s leading technology-driven financial institutions.
Presented annually, the Euromoney Awards for Excellence honour banks that are redefining financial services through innovation, measurable impact, and outstanding customer value. In selecting Wema Bank for the award, Euromoney recognised the bank’s successful digital transformation journey, its continuous innovation through ALAT, Africa’s first fully digital bank, and its unwavering commitment to delivering simpler, smarter, and more accessible banking experiences for customers.
Commenting on the recognition, the Managing Director and Chief Executive Officer of Wema Bank, Moruf Oseni, said:
“This award is a strong validation of the deliberate investments we have made over the years to build a truly digital bank that puts customers at the centre of everything we do.
“Innovation for us has never been about technology for its own sake. It has always been about creating solutions that make banking easier, faster, safer, and more rewarding for every customer.
“From pioneering Africa’s first fully digital bank with ALAT to continuously evolving our digital capabilities, we have remained focused on anticipating customer needs and building experiences that create real value.
“We are honoured by this recognition from Euromoney and inspired to continue pushing the boundaries of innovation as we shape the future of banking in Nigeria.”
