Wema Bank introduces new rewards for children, teens

Wema bank has introduced three new rewards for children and teens in an effort to instill financial stewardship in those with this age bracket. The initiative was signed off by 10-year-old Chinmamanda Diamond Ozoakpata, who emerged as the 2026 winner of the Wema Bank One-Day MD/CEO Children’s Day initiative. The Head Girl at Redeemers Foundation […]

Wema bank has introduced three new rewards for children and teens in an effort to instill financial stewardship in those with this age bracket.

The initiative was signed off by 10-year-old Chinmamanda Diamond Ozoakpata, who emerged as the 2026 winner of the Wema Bank One-Day MD/CEO Children’s Day initiative.

The Head Girl at Redeemers Foundation Nursery and Primary School became the first-ever female One-Day of the bank’s MD/CEO since the initiative was launched in 2025.

As her first act in office, she signed off on three new rewards for children and teens which include Birthday Cash Gifts of N5,000 and N10,000 each for children turning 5 and 10 years respectively between May 25, 2026 and May 2027; N100,000 reward for the top 100 students in the National Common Entrance Exam starting next month; and the launch of the Evolve school tour-STEM challenge for children and teens.

Wema Bank said all these are available to active Wema Bank customers who have Royal Kiddies Accounts for their children.

Moruf Oseni, the bank’s MD/CEO, shed light on the Bank’s inspiration behind the launch of the One-Day MD/CEO initiative.

According to him, “At our core is a deep-seated drive for inspiring children and showing them that they have what it takes to fulfil their ambition. For this reason, we launched the One-Day MD/CEO initiative in 2025, giving children the opportunity to step into the demanding yet inspiring role of MD/CEO at one of Nigeria’s longest standing institutions, Wema Bank. The impact has been phenomenal and this year, we decided to open up that opportunity to another child.

He added that the newly launched reward is open to active customers who have Royal Kiddies Accounts for their children.

In expressing gratitude to the bank, Chinmamanda appreciated the bank for believing in her and giving her this unique opportunity.

“Thank you for trusting me with this great opportunity, for always looking out for the children, and for making our success a priority at Wema Bank. I am proud to be a part of the Wema Bank family, not just because of the honour bestowed on me today but also because Wema Bank has shown how committed it is to supporting our parents and empowering children like me with the tools and guidance that we need to become financially smart.

“Today, I have the honour of being the one-day MD/CEO of Nigeria’s oldest indigenous and most innovative bank, Wema Bank plc. This is just one of the many ways that Wema Bank celebrates Children’s Day, and I am truly grateful,” she said.

Other highlights of Wema Bank’s 2026 Children’s Day celebration were the grand event which took place in the Bank’s Head Office on May 25, 2026, the allocation of N500,000 in cash rewards to three children at the event, and the official launch of the Wema Bank Money Adventures financial literacy book for children ages 6 years and upwards.