Wema Bank has rewarded 113 women across Nigeria with cash in the recently-concluded monthly draw for its 5 for 5 promo, which held in Benin.

The promo is a reward programme designed to support Nigerians across the country with monetary rewards. 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 allocated N7,250,000 from the N9,000,000 cash prize stipulated for the 8th draw, to Nigerian women across the world.

This sum was distributed in cash prizes ranging from N25,000 to N1,000,000. The draw provided an oppourtunity for women in Benin to shop for their favourite items at the best prices and still stand a chance to win big in the promo. 

Wema Bank’s Divisional Head of Retail and SME, Ayodele Olojede, disclosed the bank’s motive for streamlining the wins in the 8th draw to skew more towards women.

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She said: “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 resources all through this month and it’s only fitting that we wrap up the Women’s month on a financial note.

“The promo selection process was supervised by relevant regulatory authorities, so be assured that we were deliberate in maintaining the random selection system while streamlining our focus to capture more women. 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 promo and anyone can be a winner.”

“As we close out the Women’s Month, I take this opportunity to reiterate our commitment to you as stipulated in our mission which is empowering lives through innovation. We will continue to innovate and create new opportunities and tailored solutions to champion women empowerment, financial inclusion and the success of every Wema Bank customer.”