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Home » Stanbic IBTC Bank Splashes ₦7 million on 70 Customers

Stanbic IBTC Bank Splashes ₦7 million on 70 Customers

| By: Chris Emenike

Techeconomy by Techeconomy
December 2, 2025
in Finance
Reading Time: 2 mins read
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Stanbic ibtc Bank Customers

L-r: Bello Sheriff, manager, Consumer Market and Youth Segment, Stanbic IBTC Bank; Asegiemhe Friday, winner; Ezeugo Paul, winner; Araoluwanimi Oderinlo, winner, represented by her father; and Marian Odidika, Manager, Customer Value Proposition, Stanbic IBTC Bank, during the Reward4Saving Promo 4.0 October cheque presentation ceremony held recently in Lagos.

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Stanbic IBTC Bank continues to enhance the financial well-being of its customers through its Reward4Saving Promo.

At the seventh monthly draw held recently, 70 savers won a total of ₦7 million, reaffirming the bank’s commitment to transforming everyday savings into meaningful rewards while fostering a strong savings culture among Nigerians.

The monthly draw took place at Stanbic IBTC’s Head Office in Victoria Island, Lagos, where 70 winners, 10 from each of the bank’s seven business zones, received ₦100,000 each.

The event was supervised by regulatory bodies, including the Federal Competition and Consumer Protection Commission (FCCPC), Advertising Regulatory Council of Nigeria (ARCON), and the Lagos State Lotteries and Gaming Authority (LSLGA), ensuring complete transparency and fairness.

Since the launch of Reward4Saving Promo Season 4, a whopping 506 customers have won ₦67 million. With a total prize pool of ₦130 million, ₦63 million is still up for grabs before the promo concludes on 31 March 2026, keeping excitement high among the bank’s customers nationwide.

Speaking at the event, Chuma Nwokocha, chief executive of Stanbic IBTC Holdings, emphasised the bank’s commitment to its customers and Nigerian’s savings culture:

“Today, we are celebrating our loyal customers by rewarding 70 savers with ₦7 million. This promotion demonstrates our commitment to recognising customer efforts while emphasising the importance of saving. The promo is open to both existing and new customers who are simply required to save a minimum of ₦10,000 in their Stanbic IBTC Savings Account or @ease Wallet for 30 consecutive days to qualify for the monthly draws automatically. The more our customers save, the higher their chances of winning.”

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For many Nigerians, these wins represent far more than money; they are lifelines at critical moments. Valentine Ugochukwu, one of the 70 winners, runs a clothing business and lost everything in the Mandilas fire outbreak in September 2025. When his call came through announcing he had won ₦100,000, he could hardly believe it.

“I had been saving to restart my business” Valentine explains. “When I got the call, I did not believe it at first. I decided to come and confirm for myself, and it turned out to be true. This prize is giving me the chance to rebuild what I lost.”

For Valentine and countless others, the promo has become more than a banking incentive.

“I will keep saving so I can win more and hopefully win the grand prize of ₦5,000,000. Thank you, Stanbic IBTC Bank, for putting a smile on my face.”

His story reflects the real impact behind the numbers. Behind each winner is someone with hope after setbacks, and dreams that a well-timed prize can help restore.

With five more draws including the grand finale still ahead, customers have multiple opportunities to win big.

To participate, save at least ₦10,000 for 30 consecutive days in a Stanbic IBTC Savings Account or @ease Wallet.

Children are not left out; you can open a Chess account for children and save a minimum of ₦10,000 for 30 consecutive days.

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