Wema Bank has unveiled a wide range of new incentives and empowerment initiatives for children as part of its 2026 Children’s Day celebration, reinforcing its commitment to nurturing leadership, financial literacy, academic excellence and innovation among young Nigerians.
The initiatives were announced on Monday, May 25, 2026, during the Bank’s Children’s Day Special Event by Wema Bank’s One-Day MD/CEO, Chinmamanda Diamond Ozoakpata, who used her first official act in office to launch programmes targeted at children through the Royal Kiddies Account and ALAT Xplore platform.
According to the Bank, what began as a Children’s Day celebration has evolved into a deliberate platform aimed at building confidence, encouraging leadership and creating meaningful opportunities for children across various age groups.
One of the major highlights of the announcement is the introduction of a year-long birthday cash reward initiative for Royal Kiddies account holders. Under the scheme, children turning five years old will receive ₦5,000, while those turning 10 will get ₦10,000 automatically as birthday gifts. The initiative will run from May 2026 to May 2027.
The Bank also disclosed that children who had already turned five or 10 before May 2026 would still benefit from the reward this month, provided they maintain active Royal Kiddies accounts.
In another major incentive, Wema Bank announced a ₦100,000 reward for each of the top 100 students in the National Common Entrance Examination (NCEE). The initiative, which begins in June 2026, is designed to encourage academic excellence among young learners. Beneficiaries, however, must own active Royal Kiddies accounts.
As part of efforts to deepen financial literacy among children, the Bank officially launched “Money Adventures,” a financial literacy book tailored for children aged six and above. The book introduces young readers to saving culture, money management and responsible financial habits in an engaging and age-appropriate manner.
To receive copies of the book, children are required to hold active Royal Kiddies accounts or activate new ones.
The Bank further introduced the Evolve School Tour STEM Challenge through its ALAT Xplore platform. The initiative, targeted at secondary school students aged 13 to 17, will be hosted in six schools across the country with established STEM programmes.
The STEM challenge will feature hands-on competitions and school engagements aimed at promoting innovation, technology awareness, financial literacy and responsible savings culture, with winners expected to receive monetary prizes.
To participate, students must be ALAT Xplore customers within the eligible age bracket and attend participating schools with active STEM programmes.
Over the past four years, Wema Bank has consistently expanded its Children’s Day engagements through initiatives such as the One-Day MD/CEO programme, leadership experiences, school tours and financial literacy campaigns.
However, this year marks the first time the Bank is introducing a Children’s Day initiative that will span an entire year, alongside six-figure academic rewards, nationwide STEM engagements and dedicated financial literacy resources for children.
The development underscores Wema Bank’s growing commitment to creating impactful experiences for children beyond celebrations, while equipping them with skills and opportunities that can shape their future positively.