Connect with us

Business

Wema Bank PLC Launches Season 3 of the Wema Bank 5 for 5 Promo, Rewarding Customers with N90,000,000 in Cash Prizes

Published

on

Wema Bank Clinches Multiple Awards at the Global Sustainable Finance Awards 2024

Wema Bank PLC Launches Season 3 of the Wema Bank 5 for 5 Promo, Rewarding Customers with N90,000,000 in Cash Prizes

Wema Bank PLC, the leading financial institution in Nigeria and the pioneer of Africa’s first fully digital bank, ALAT, yesterday announced the launch of the highly anticipated 3rd season of the Wema Bank 5 for 5 promo. This reward program, initiated by Wema Bank, aims to recognize and reward customers across Nigeria for their unwavering loyalty to the bank.
Wema Bank PLC Launches Season 3 of the Wema Bank 5 for 5 Promo, Rewarding Customers with N90,000,000 in Cash Prizes
Commencing July 1st, 2023, Season 3 of the 5 for 5 promo will distribute a total of N90,000,000 in cash prizes to Wema Bank customers throughout different regions of Nigeria over a span of 10 months. Each month, customers will be selected in weekly giveaways and monthly draws, with cash prizes ranging from N5,000 to an impressive N1,000,000. Furthermore, the promo draws will be hosted in various regions across Nigeria, increasing the chances of winning for customers residing in the selected cities.
Segun Adeniyi, Wema Bank’s Chief Digital Officer, emphasized the bank’s unwavering commitment to prioritize customer satisfaction, stating, “Our customers have always been our priority and serve as the inspiration behind every decision we make. The Wema Bank 5 for 5 promo is our way of going the extra mile to provide value to each and every one of our esteemed customers. We initiated this promo to reward and show appreciation to our active and transacting customers for their loyalty to the bank. As we embark on the 3rd season, we have fine-tuned the requirements to ensure that more customers have the opportunity to win.”
In line with Wema Bank’s dedication to promoting financial inclusion, Ololade Ogungbenro, Wema Bank’s Divisional Head of Brands, People, and Culture, expressed, “For Season 3 of the Wema Bank 5 for 5 promo, we have adopted a diverse communication strategy that includes various languages such as Yoruba, Igbo, Hausa, and Pidgin. We recognize the diverse range of customers who speak different languages, and it is of utmost importance to us that inclusivity remains a top priority, ensuring that no one is left out.”
To qualify and stand a chance to win in this season of Wema Bank 5 for 5 promo, Ayodele Olojede, Wema Bank’s Divisional Head for Retail Banking, explained the simple requirements: “There is something for everyone in the 5 for 5 promo. All you need to do is fund your Wema Bank account with a minimum of N5,000, maintain an average monthly account balance of N5,000, and conduct a minimum of 5 transactions each month on ALAT using *945# or your Wema or ALAT debit or credit card. The more you fund and transact, the higher your chances of winning and the more you can win.”
Mabel Adeteye, Head of Brands & Marketing Communication at Wema Bank highlighted the accessibility of opening a Wema Bank account, stating, “If you’re not a customer yet, opening an account is effortless. You can visit the nearest Wema Bank branch or search ‘ALAT Hub near me’ on Google to find a Wema Bank Agent near you. Alternatively, you can download the ALAT app from your Play Store or App Store and click ‘Get Started’ to set up your account. Season 3 of the Wema Bank 5 for 5 promo offers abundant opportunities for winning. Reactivate your account if you’ve been inactive and start funding and transacting today

Bank

Alpha Morgan to Host 19th Economic Review Webinar

Published

on

Alpha Morgan to Host 19th Economic Review Webinar

 

In an economy shaped by constant shifts, the edge often belongs to those with the right information.

 

 

On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.

 

 

The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.

 

 

With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.

 

 

Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19

It is a bi-monthly platform that is open to the public and is held virtually.

 

 

Visit www.alphamorganbank to know more.

Continue Reading

Business

GTBank Launches Quick Airtime Loan at 2.95%

Published

on

GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

GTBank Launches Quick Airtime Loan at 2.95%

 

Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.

 

In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.

For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.

Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”

Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.

With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank

Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.

About HabariPay

HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:

GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com

Continue Reading

Business

BUA Group, AD Ports Group and MAIR Group Launch Strategic Plan for World-Class Sugar and Agro-Logistics Hub at Khalifa Port

Published

on

Photo Caption: BUA GROUP, AD PORTS GROUP AND MAIR GROUP SIGN MOU TO EXPLORE COLLABORATION IN SUGAR REFINING, AGRO-INDUSTRIAL DEVELOPMENT, AND INTEGRATED GLOBAL LOGISTICS SOLUTIONS L-R: Kabiru Rabiu, Group Executive Director, BUA Group; Cpt. Mohammed J. Al Shamisi, MD/Group CEO, AD Ports Group; Saif Al Mazrouei, CEO (Ports Cluster) AD Ports Group; Abdul Samad Rabiu, Founder/Executive Chairman, BUA Group; and Steve Green, Group CFO, MAIR Group

BUA Group, AD Ports Group and MAIR Group Sign MoU to Explore Collaboration in Sugar Refining, Agro-Industrial Development, and Integrated Global Logistics Solutions

Abu Dhabi, UAE – Monday, 16th February 2026

 

BUA Group, AD Ports Group, and MAIR Group of Abu Dhabi today signed a strategic Memorandum of Understanding (MoU) to explore collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions. The partnership aims to create a world-class platform that strengthens regional food security, supports industrial diversification, and reinforces Abu Dhabi’s position as a hub for trade and manufacturing.

 

The proposed collaboration will leverage BUA Group’s industrial and logistics expertise, Khalifa Port’s world-class infrastructure, and AD Ports Group’s operational experience. The initiative aligns with the objectives of the UAE Food Security Strategy 2051, which seeks to position the UAE as a global leader in sustainable food production and resilient supply chains. It also aligns with Nigeria’s food production- and export-oriented agricultural transformation agenda, focused on scaling domestic capacity, strengthening value addition, improving post-harvest logistics, and unlocking new markets for Nigerian produce across the Middle East, Asia, and beyond.

 

Photo Caption: BUA GROUP, AD PORTS GROUP AND MAIR GROUP SIGN MOU TO EXPLORE COLLABORATION IN SUGAR REFINING, AGRO-INDUSTRIAL DEVELOPMENT, AND INTEGRATED GLOBAL LOGISTICS SOLUTIONS

L-R:  Kabiru Rabiu, Group Executive Director, BUA Group;  Cpt. Mohammed J. Al Shamisi, MD/Group CEO, AD Ports Group; Saif Al Mazrouei, CEO (Ports Cluster) AD Ports Group; Abdul Samad Rabiu, Founder/Executive Chairman, BUA Group; and Steve Green, Group CFO, MAIR Group

Photo Caption: L-R: Kabiru Rabiu, Group Executive Director, BUA Group; Cpt. Mohammed J. Al Shamisi, MD/Group CEO, AD Ports Group; Saif Al Mazrouei, CEO (Ports Cluster) AD Ports Group; Abdul Samad Rabiu, Founder/Executive Chairman, BUA Group; and Steve Green, Group CFO, MAIR Group

 

Through structured aggregation, processing, storage, and maritime export channels, the partnership is designed to reduce supply chain inefficiencies, enhance traceability and quality standards, and also create a predictable trade corridor between West Africa and the Gulf.

 

BUA Group—recognised as one of Africa’s largest and most diversified conglomerates, with major investments across sugar refining, food production, flour milling, cement manufacturing, and infrastructure- brings extensive industrial expertise and large-scale operational capability to the venture. MAIR Group will provide strategic support in developing integrated logistics and agro-industrial solutions, creating a seamless platform for production, storage, and distribution.

 

Abdul Samad Rabiu, Founder and Chairman of BUA Group, said:

“This MoU marks an important milestone in BUA’s international expansion and reflects our long-term vision of building globally competitive industrial platforms. Together with AD Ports Group and MAIR Group, we aim to develop sustainable food production and logistics solutions that strengthen regional supply chains and support the UAE’s Food Security Strategy 2051.”

 

He further added that, “This partnership represents not just a commercial arrangement but a strategic food corridor anchored on shared economic ambition, resilient infrastructure, and disciplined execution, reinforcing long-term food security objectives for both nations.”

 

A representative of MAIR Group added:

“This collaboration underscores our commitment to advancing strategic industries in Abu Dhabi and building integrated solutions that reinforce the UAE’s position as a global hub for trade, food security, and industrial excellence.”

 

A spokesperson from AD Ports Group commented:

“Our partnership with BUA Group and MAIR Group highlights Khalifa Port’s role as a catalyst for high-impact industrial investments. This initiative will enhance regional food security, strengthen global trade connectivity, and support Abu Dhabi’s economic diversification goals.”

 

This MoU marks a historic collaboration that combines world-class infrastructure, industrial expertise, and strategic vision, setting the stage for a sustainable and resilient food and logistics ecosystem that will benefit the UAE, the region, and global markets alike.

Continue Reading

Cover Of The Week

Trending