Promo: Wema Reiterates Commitment to Customers, Disburses N90m

Oluchi Chibuzor

Wema Bank has rounded off its 5 for 5 season 3 promo with over N90 million disbursed to Nigerians across the country, topping the cumulative N63.3 million from Season 1 and 2, and the total bandwidth of 1,200 winners surpassing the cumulative 1178 from previous seasons.

At the grand finale, yesterday, that was held at the Bank’s headquarters in Marina, Lagos and attended both virtual and physically, N10 million was disbursed. 

Regulatory bodies, including the Federal Competition & Consumer Protection Commission (FCCPC), the National Lottery Regulatory Commission (NLRC), and the Lagos State Lotteries Board, among others, were in attendance. 

The Season 3, which started in August 2023, toured Lagos, Abuja, Ibadan, Uyo, UNILAG, Akure, Enugu, Benin and Osogbo.

Speaking at the grand finale, Wema Bank’s Executive Director, Retail and Digital Business, Tunde Mabawonku stated that the season 3 kickstarted with a series of special weekly giveaways of N5,000 each to 200 customers starting from the first week of August and leading up to the first monthly draw. 

He said: “Our working template for the monthly draws was a N9,000,000 per draw model for each of the 10 monthly draws: 2 winners of N1,000,000 each, 8 Domiciliary Account winners of N250,000 each, 30 winners of N100,000 each and 80 winners of N25,000 each. We maintained this framework for all draws except for the 6th draw in Akure where we disbursed a total of N8,000,000. The outstanding N1,000,000 from the Akure draw is how we have arrived at N10,000,000 for the Grand Finale happening today.

On her part, Wema Bank’s Divisional Head of Retail and SME, Ayodele Olojede, described the event as an instrument of positive impact and transformation.

She said, “What stood out for us is how receptive our customers have been through the years, supporting us, welcoming our solutions and embracing each innovation with open arms. In Season 1, we rewarded 639 Nigerians with N31.5 million and for Season 2, we upped the rewards with a N31.85 million cash prize for 539 Nigerians, touring seven cities: Lagos, Abuja, Onitsha, Abeokuta, Calabar, Ilorin, and Enugu.”