Wema Bank Unveils Year-Long Children’s Rewards, Financial Literacy, STEM Initiatives

Wema Bank Unveils Year-Long Children’s Rewards, Financial Literacy, STEM Initiatives

Wema Bank has announced a new lineup of children-focused initiatives aimed at promoting financial literacy, academic excellence, innovation, and savings culture among young Nigerians.

The announcements were made during the bank’s 2026 Children’s Day Special Event held on Monday, May 25, where the bank’s One-Day MD/CEO, Chinmamanda Diamond Ozoakpata, unveiled several benefits targeted at users of the Royal Kiddies Account and ALAT Xplore platform.

According to the bank, the initiatives represent its most extensive Children’s Day package yet, extending beyond celebration to include year-long rewards, educational support, and youth development programmes.

One of the newly introduced benefits is a birthday cash reward programme for active Royal Kiddies account holders. Under the initiative, children turning five years old will receive ₦5,000, while those turning 10 will receive ₦10,000 automatically as birthday gifts. The programme will run from May 2026 to May 2027.

The bank added that children who already turned five or 10 before May 2026 within the qualifying period will also receive the reward this month, provided their Royal Kiddies accounts remain active.

In another major announcement, Wema Bank disclosed plans to reward the top 100 candidates in the National Common Entrance Examination (NCEE) with ₦100,000 each beginning from June 2026. To qualify, beneficiaries must rank among the top-performing students in the examination and maintain an active Royal Kiddies account.

As part of efforts to strengthen financial literacy among children, the bank also launched Money Adventures, a financial literacy book designed for children aged six and above. The publication introduces young readers to basic money management, saving culture, and responsible financial habits using simplified and engaging storytelling formats.

The bank said copies of the book will be made available to children with active Royal Kiddies accounts or newly activated accounts.

For teenagers, the lender unveiled the Evolve School Tour STEM Challenge under its ALAT Xplore platform. The initiative targets secondary school students between ages 13 and 17 and will be implemented across six schools nationwide with established STEM programmes.

According to the bank, the challenge will feature hands-on STEM competitions, innovation-driven engagements, technology awareness campaigns, and financial literacy sessions, with cash prizes available for outstanding participants. Eligible participants must be ALAT Xplore customers enrolled in participating schools.

Wema Bank noted that over the past four years, it has consistently expanded its Children’s Day activities through leadership experiences, school tours, financial literacy campaigns, and its One-Day MD/CEO initiative.

The bank stated that the newly unveiled programmes signal a stronger commitment to creating long-term opportunities and impactful experiences for children beyond the annual Children’s Day celebration.