Unprofessional Handling of Blogger Payments: A Call for Change
I am writing to express my disappointment and concern regarding the recent payment process for bloggers who worked with Wema Bank. While we appreciate the bank's efforts to engage with online influencers, the manner in which payments were handled falls short of expectations.
Submitting a list of bloggers who worked with the bank and then paying only a few without clear criteria is not only unprofessional but also raises questions about the bank's commitment to transparency. The claim that payments were made randomly is unacceptable, especially considering the bank's reputation for public relations.
This incident may damage the bank's reputation among online influencers and the wider public. Bloggers who worked with the bank expect fair treatment, and the lack of transparency in payment processing may deter them from collaborating with the bank in the future.
We urge Wema Bank to revisit its payment process and ensure that all bloggers who worked with the bank are paid fairly and transparently. This can be achieved by:
- Clearly communicating payment criteria to bloggers
- Ensuring timely payments to all bloggers who meet the agreed-upon criteria
- Providing a clear explanation for any discrepancies in payment processing
We hope that Wema Bank will take our concerns seriously and take necessary steps to improve its payment process. By doing so, the bank can maintain a positive relationship with online influencers and uphold its reputation for public relations.
Let's work together to build a better partnership between Wema Bank and online influencers.
We shall continue to sustain and maintain mutual understanding as we have exhibited to clear on the Bank' negative stories in the past:
Wema Bank has been involved in several negative incidents recently. Here are some of the notable stories:
- ₦8.5 Billion Cyber Fraud Scandal: Wema Bank was hit with a massive cyber fraud scandal in January 2025, where seven individuals, including three bank employees, were accused of conspiring to defraud the bank and erase sensitive customer data.
The scandal has shaken investor confidence, causing the bank's share price to drop by 3.76% on the Nigeria Stock Exchange. The Economic and Financial Crimes Commission (EFCC) has arraigned the suspects, and the bank's management is under pressure to take responsibility for the breach.
- ₦2.9 Billion Transfer Glitch: In another incident, Wema Bank experienced a system glitch that led to the unauthorized transfer of ₦2.9 billion from customers' accounts. The bank has approached the Federal High Court to recover the funds, with some financial institutions already freezing the affected accounts and returning part of the money.
-Fraudulent Account Opening*: In 2022, a Nigerian researcher living abroad accused Wema Bank of fraudulently opening an ALAT Bank account in his name without his authorization. The incident raised concerns about the bank's customer data protection and account opening processes.
We are still expecting our payments.
Thank you.
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