Business
Wema Bank Kicks Off 2025 With N11 Million Cash Prize

- Wema Bank set to reward 131 Nigerians in first monthly draw of 2025
- The 5 for 5 Promo is as transparent as can be, so anyone can win – Wema Bank MD
Wema Bank, a leading innovative bank in Nigeria and the pioneer of Africa’s first fully digital bank, ALAT, is set to reward 131 customers with a total of N11,000,000 in cash prizes during its first 5 for 5 Promo Season 4 monthly draw in Warri, Delta State on January 24, 2025.
Eko Hot Blog gathered that the 5 for 5 Promo, launched in 2021, is a loyalty reward initiative by Wema Bank for its active customers, with winners selected through regulated electronic live draws.
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Over the past three seasons, the promo has distributed over N150,000,000 to 2,378 Nigerians across the country’s six geopolitical zones.
Season 4, launched on October 1, 2024, has already seen over N27,000,000 disbursed to more than 1,000 Nigerians through daily, weekly, and monthly draws.
This upcoming third monthly draw, and first of 2025, will reward 131 customers, with 80 winning N25,000 each, 40 winning N100,000 each, 8 domiciliary account holders winning N250,000 each, and 3 lucky customers winning N1,000,000 each.
Referring to the trailblazing monthly draw as a timely intervention for Nigerians in light of the new year, Moruf Oseni, MD/CEO Wema Bank, recounted the big picture for the Promo and the impact this draw will have on the lives of the customers who will be starting their year out with cash prizes to support their personal, professional or business endeavours.
According to him, “The goal for us with the Wema Bank 5 for 5 Promo is giving back, providing support and rewarding our loyal customers, it’s been one of the key means through which we say ‘thank you’ as a Bank, and four years strong so far, it’s only gotten better with each season.
We made millionaires in December ahead of Christmas and it was heartwarming to hear from our amazing customers how instrumental these rewards were in sorting out some bills. Now, we are even more ready to kickstart 2025 on a millionaire note”.
“As a tradition, the 5 for 5 Promo continues to tour different locations across the six geopolitical zones, however, our winners are always selected from across the country.
So even though one of the millionaires will be from Warri where this draw will hold, there’s still room for 2 more millionaires and over 120 more winners of cash ranging from N25,000 to N250,000.
The joy for us is in the smiles that are made, the stories that are positively impacted and the hope that these cash rewards bring to the winners; from students to small business owners, working professionals, and so on.
We are all too familiar with the running ‘100 days of January’ reality that plagues a lot of us after the heavy spending that comes with December, so this draw is the perfect opportunity to support our customers beyond the daily and weekly draws that we hold every other weekday.
I congratulate the winners in advance, and I encourage every new and existing Wema Bank customer to seize this opportunity and start transacting today.
The 5 for 5 Promo is as transparent as can be, so anyone can win, provided they meet the minimum requirements”, Oseni concluded.
Olorunshola Damilola Esther, an Akure-based trader who was one of the millionaires from the 2nd monthly draw of the Wema Bank 5 for 5 Promo Season 4 which held in Akure on December 15, 2024, expressed immense gratitude to Wema Bank for the surprise win.
She encouraged Nigerians to keep transacting with their Wema Bank accounts for a chance to also receive surprise financial rewards in the Wema Bank 5 for 5 Promo.
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To qualify, participate and stand a chance to win in the Wema Bank 5 for 5 Promo Season 4, customers of the Bank are required to fund their account with at least N5,000 monthly, maintain an average minimum balance of N5,000 and make up to 5 transactions using ALAT, *945# or their Wema/ALAT debit card.
New customers can participate by downloading the ALAT App from the Play Store or App Store, opening an account, and following the steps above to qualify.
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