Wema Bank Rewards ₦17.96m to 273 Customers in Campaign

Wema Bank launched its '5 for 5' rewards campaign on May 2, 2026, as part of its 81st anniversary celebrations. The campaign has successfully rewarded 273 customers with a total of ₦17.96 million within the first month.

It aims to reinforce the bank's commitment to rewarding everyday banking and promoting positive financial habits among its customers. The campaign features a structured rewards framework targeting youth, women, and the mass market segment.

Special anniversary activities were held at Ikeja City Mall, where 81 customers received ₦81,000. Additionally, 192 winners emerged in the first month, including 37 students who received a total of ₦4.4 million, with 20 students awarded ₦50,000 each as pocket money and 17 university students receiving ₦200,000 for tuition support.

The women segment saw 12 customers rewarded with ₦150,000 in the self-care category, while the mass market segment recorded 120 daily cash rewards and 23 customers winning ₦200,000 in the monthly draw. Moruf Oseni, Wema Bank's Managing Director and Chief Executive Officer, stated that the campaign encourages hundreds of customers to benefit within just one month.