Wema Bank has unveiled a series of new initiatives aimed at rewarding, educating, and empowering children through its Royal Kiddies account and ALAT Xplore platform as part of activities marking Children’s Day 2026.
The initiatives were announced by the Bank’s One-Day MD/CEO, Chinmamanda Diamond Ozoakpata, during the lender’s Children’s Day Special Event held on Monday, May 25, 2026.
According to the bank, the new programmes are designed to build confidence, promote financial literacy, encourage leadership, and create long-term opportunities for children across different age groups.
One of the key initiatives introduced is a year-long birthday cash reward scheme for active Royal Kiddies account holders. Under the programme, children turning five years old will receive ₦5,000, while those turning 10 will receive ₦10,000 automatically as birthday gifts between May 2026 and May 2027.
The bank also disclosed that children who had already turned five or 10 before May 2026 would receive their rewards within the month.
In another initiative aimed at promoting academic excellence, Wema Bank announced a ₦100,000 reward for each of the top 100 students in the National Common Entrance Examination.
The programme, scheduled to commence in June 2026, is open to students who rank among the top performers in the examination and maintain active Royal Kiddies accounts.
As part of efforts to deepen financial literacy among children, the bank also launched a children’s financial education book titled Money Adventures.
The book, targeted at children aged six and above, introduces young readers to savings culture, money management, and responsible financial habits in an engaging and simplified format.
The lender further unveiled the Evolve School Tour STEM Challenge for secondary school students aged 13 to 17 under the ALAT Xplore platform.
According to the bank, the initiative will run across six schools nationwide with established STEM programmes and will feature hands-on science, technology, engineering, and mathematics competitions alongside financial literacy engagements.
Winners of the challenge are expected to receive monetary prizes.
Speaking on the broader vision behind the initiatives, the bank stated that it has consistently transformed Children’s Day celebrations into platforms for leadership development, financial education, and empowerment over the past four years.
The bank noted that this year’s package marks its most extensive children-focused initiative yet, combining year-long rewards, academic incentives, financial literacy resources, and nationwide educational engagements.
Wema Bank added that the initiatives reflect its growing commitment to creating lasting value and meaningful opportunities for children beyond the annual Children’s Day celebration.
