WEMA BANK KICKS OFF 2025 WITH N11 MILLION CASH PRIZE IN 5 FOR 5 PROMO SEASON 4

...Set to Reward 131 Nigerians in First Monthly Draw of 2025

Wema Bank, Nigeria's foremost innovative bank and pioneer of Africa's first fully digital bank, ALAT, is starting the new year on a high note by rewarding 131 customers with cash prizes totaling ₦11,000,000 in the first monthly draw of its 5 for 5 Promo Season 4. The much-anticipated event will take place in Warri, Delta State, on January 24, 2025.

Launched in 2021, the 5 for 5 Promo is Wema Bank’s flagship initiative aimed at rewarding customer loyalty. Through its transparent, regulated electronic draws, the promo has so far disbursed over ₦150 million to 2,378 Nigerians across the country in its previous seasons. With the launch of Season 4 on October 1, 2024, Wema Bank raised the stakes, allocating ₦135 million for disbursement this season.

BIG WINS AND BIGGER IMPACT

Since October, over 1,000 Nigerians have benefited from the promo through daily, weekly, and monthly draws. The first two months alone saw:

540 winners in 55 daily draws,

550 winners in 11 weekly draws, and

262 winners in two monthly draws.

The Warri draw, marking the first of 2025, promises more excitement with 131 winners expected to emerge:

80 winners of ₦25,000 each,

40 winners of ₦100,000 each,

8 domiciliary account holders winning ₦250,000 each,

3 customers becoming ₦1 million richer, with one millionaire guaranteed to hail from Warri.

A WORD FROM WEMA BANK'S CEO

Moruf Oseni, MD/CEO of Wema Bank, described the promo as a timely intervention for Nigerians during the "100 days of January" financial strain. He emphasized that the initiative is Wema Bank’s way of giving back to its customers.

"We've made millionaires in December, and it was heartwarming to hear how our rewards helped sort out bills and brought joy to families. Now, we’re even more excited to kickstart 2025 with smiles and opportunities," Oseni said.

He added, "Winners are selected from across the country, so while one millionaire will be from Warri, there’s room for two more millionaires and 120 additional winners of smaller cash prizes. The joy for us lies in the hope and positive impact these rewards bring—from students to small business owners and working professionals."

HOW TO QUALIFY

To participate, customers must:

1. Fund their Wema Bank account with at least ₦5,000 monthly.

2. Maintain a minimum balance of ₦5,000.

3. Make at least 5 transactions using ALAT, *945#, or their Wema/ALAT debit card.

New customers can join by downloading the ALAT app, opening an account, and following the steps above.

TESTIMONIALS FROM PAST WINNERS

One of December’s millionaires, Akure-based trader Olorunshola Damilola Esther, expressed gratitude to Wema Bank for the life-changing reward. "I encourage every Nigerian to keep transacting with their Wema Bank account. You never know when you might become a winner," she said.

With the 5 for 5 Promo, Wema Bank continues its commitment to empowering Nigerians and spreading financial hope across the nation.