Wema Bank has collaborated with the National Youth Service Corps to launch the NYSC-ALAT Accelerator Programme.
According to the bank’s statement, the partnership was unveiled at the signing ceremony of the Memorandum of Understanding in Abuja. The partnership’s stated goal was to help young Nigerians gain a foothold in the lucrative job market through the programme.
The goal of the NYSC-ALAT Accelerator Programme is to help the youth who participate in the NYSC programme acquire the skills, find jobs, and advance in their careers so that the unemployment and underemployment rates can be reduced and the economy can grow.
Wema Bank reports that in partnership with Microsoft, the programme will offer digital training in areas like design thinking, AI, programming languages, and content creation and that it will also equip NYSC members with grants and funding to help them establish sustainable income streams.
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In addition to offering loans to all participants, the programme also included mentorship opportunities and a business plan competition to help participants craft the ideal business plan while also financially rewarding the top ideas that encourage entrepreneurship and the creation of new jobs.
In his address, Wema Bank’s Executive Director of Retail and Digital, Tunde Mabawonku, highlighted the essence of partnership, saying that Wema Bank, with 79 years of financial inclusion, is committed to empowering lives through innovation. This partnership with NYSC is a platform for the growth and development of Nigerian youths, intertwining digital technology with daily life and driving economic growth. The vision is to provide the youth with tools that will accompany them beyond their service year, shaping their career and adult life.
Representing the Director-General of NYSC, Mr Ayodele Omotade, stated the corps’ commitment to driving the programme. According to him, this MOU signifies their combined efforts towards wealth creation and the economic advancement of Nigerian youth. With Wema Bank’s support, they look forward to opening up career opportunities for our members and contributing to the development of a digitally skilled workforce.
Wema Bank customer empowerment on Valentine’s Day
In the seventh monthly draw of the third season of Wema Bank’s 5 for 5 Promo, customers were awarded a cash prize of N9,000,000. As a token of appreciation for their patronage, the bank sent the substantial sum as a Valentine’s Day gift. Mr Okoye Ebube Solomon of Enugu and Ms Omowunmi Deborah Abimbola of Abeokuta were each given N1,000,000 in the Valentine’s Day draw.
As an extra token of our appreciation for all things romantic, we are rewarding four joint account holders with N250,000 each, as well as eighty customers with N25,000 and thirty with N100,000.
Tunde Mabawonku, the Executive Director of Retail and Digital Business at Wema Bank, reaffirmed the strategic alignment of the 5 for 5 Promo Valentine draw with the Bank’s ongoing Season of Love Campaign, highlighting the bank’s dedication to offering a rewarding and fulfilling banking experience to every customer.
So far, 840 lucky Nigerians have shared N63,000,000 from the Wema Bank 5 for 5 Promo Season 3 since the first draw in August 2023. With just three more draws remaining, 360 more Nigerians stand to win this season, and there’s a chance for anyone, anywhere in the country, to do so.
The requirements are as follows: they must deposit a minimum of N5,000 into their Wema Bank/ALAT account every month, conduct no less than five transactions, and keep an average balance of N5,000.