WEMA Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has fastened a magnificent bow on the women’s month by rewarding 113 women across Nigeria with millions of naira in the recently concluded eighth monthly draw of its renowned 5 for 5 Promo Season 3.
The event was held in Benin, Edo State, on March 24, at the Naija Brand Chick Trade Fair, powered by Wema Bank.
The Wema Bank 5 for 5 Promo is a reward programme designed to support Nigerians across the country with monetary rewards for their personal and business use.
The Third Season, which launched in July 2023, set out to disburse a total of N9,000,000 monthly to 120 active and transacting customers in monthly draws spanning a 10-month period.
In alignment with the ongoing women’s month, Wema Bank went steps further from hosting the biggest International Women’s Day Event in Nigeria to allocating N7,250,000—a whopping 95 percent of the N9,000,000 cash prize stipulated for the eighth draw, to Nigerian women across the world; all within the month.
This sum was distributed to over 100 women in cash prizes ranging from N25,000 to N1,000,000 each.
Wema Bank’s Divisional Head of Retail and SME, Ayodele Olojede, disclosed the bank’s motive for streamlining the wins in the eighth draw to skew more towards the women.
“We cannot overemphasise our deep-rooted commitment to being a support system for women so we naturally went above and beyond this women’s month. Through a plethora of solutions championed especially through our female-focused proposition, SARA by Wema, we have created an unforgettable experience for our women, crowning it with the 5 for 5 Promo Women’s Special.
“We’ve consistently empowered women with transformative experiences and resources all through this month and as Nigeria’s most innovative bank, it’s only fitting that we wrap up the Women’s month on a financial note,” she said.
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Reinforcing the transparency of the draw, Olojede added, “As usual, the promo selection process was supervised by relevant regulatory authorities, so you can be rest assured that we were deliberate in maintaining the random selection system while streamlining our focus to capture more women in the spirit of women empowerment and inspiring inclusion. I am proud to be a part of this thoughtful initiative and I implore you to seize your opportunity to secure a big win, we have two more draws to go the 5 for 5 Promo Season 3 and anyone can be a winner.
“All you have to do is follow the easy steps; fund your account with at least N5,000, make a minimum of five transactions with your card, ALAT or *945# and maintain a monthly average account balance of at least N5,000.“
