Wema Bank has expanded children’s day initiative as one-day MD/CEO Chinmamanda Ozoakpata unveils year-long rewards and STEM challenge.
NewsOnline Nigeria reports that Wema Bank has announced a major expansion of its Children’s Day initiative, introducing a range of year-long rewards, academic incentives, financial literacy programmes and STEM-focused opportunities targeted at children and teenagers across Nigeria.
The new initiatives were unveiled during the bank’s Children’s Day Special Event held on Monday, May 25, 2026, by the bank’s One-Day MD/CEO, Chinmamanda Diamond Ozoakpata.
ALSO: FairMoney Launches Asset Financing Solution to Boost Mobility Entrepreneurs in Nigeria
According to the bank, the programme reflects its growing commitment to promoting leadership, financial literacy, innovation and youth empowerment through its Royal Kiddies account and ALAT Xplore platform.
Speaking at the event, the bank noted that what began as a Children’s Day celebration has evolved into a broader platform designed to build confidence, encourage leadership and create long-term opportunities for Nigerian children.
One of the major announcements was the introduction of birthday cash rewards for active Royal Kiddies account holders. Under the initiative, children turning five years old will receive ₦5,000, while those turning 10 years old will receive ₦10,000 as birthday gifts.
The bank stated that the initiative will run from May 2026 to May 2027, adding that children who had already turned five or 10 before May 2026 would also benefit from the reward.
To qualify, children must hold active Royal Kiddies accounts within the qualifying period.
In another major incentive, Wema Bank announced a ₦100,000 reward for the top 100 students in the National Common Entrance Examination (NCEE).
The initiative, scheduled to commence in June 2026, is designed to promote academic excellence among young Nigerians. Beneficiaries must be among the top 100 performers in the examination and also operate Royal Kiddies accounts with the bank.
The financial institution also launched “Money Adventures,” a financial literacy book targeted at children aged six and above.
According to the bank, the book simplifies conversations around money management, saving culture and responsible financial habits using engaging and age-appropriate storytelling.
Children with active or newly activated Royal Kiddies accounts will qualify to receive copies of the book.
As part of efforts to encourage innovation and technology education, the bank also unveiled the Evolve School Tour STEM Challenge for secondary school students between ages 13 and 17.
The challenge will be conducted across six schools nationwide with existing STEM programmes and will feature hands-on competitions, technology engagements and financial literacy sessions.
Participants will also compete for monetary prizes at the end of the programme.
To qualify, students must hold active ALAT Xplore accounts and attend participating schools with STEM programmes.
Wema Bank said the latest package represents its most comprehensive Children’s Day initiative since the programme began four years ago.
The bank explained that beyond annual celebrations, the initiative now focuses on creating long-term educational, financial and leadership opportunities capable of leaving lasting impact on children and teenagers.
According to the bank, the combination of year-long rewards, academic support, financial literacy tools and nationwide STEM engagements demonstrates its commitment to supporting the next generation beyond symbolic celebrations.
