Nigerian Bank To Share N1m, N500k, 250k to Customers, Gives Requirements To Benefit

Nigerian Bank To Share N1m, N500k, 250k to Customers, Gives Requirements To Benefit

  • UBA has announced the launch of its fifth season of Super Savers Promo, offering customers a chance to win cash and prizes in millions
  • The promo is expected to run for 9 months and will be done through live draws monitored by regulators to ensure transparency
  • The bank said the opportunity is open to new, existing, and reactivated customers who meet the minimum savings requirements

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

United Bank for Africa (UBA) has launched the fifth season of its Super Savers Promo, with plans to distribute more than N150 million in cash and other prizes to customers over the next nine months.

The campaign is expected to run from September 2025 to May 2026.

UBA said that the promo is designed to encourage a savings culture while rewarding both new and existing account holders.

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UBA wants to reward customers for the next 9 months
UBA announces plans to give away millions to customers Photo credit: UBA
Source: UGC

What are the cash prizes to be won?

UBA said the major prize on offer is N1 million will be awarded quarterly, alongside cash rewards of N500,000, N250,000, N100,000, N50,000 and N10,000, with hundreds of customers also receiving airtime bonuses.

Young savers in UBA Kiddies, Teens and NextGen accounts will be eligible for prizes of up to N200,000, leadership reports.

UBA’s group deputy managing director, Chukwuma Nweke, said:

“With the Super Savers Promo, we invite Nigerians to be our partners. Savings help families and individuals to meet important needs in their lives.”

How to qualify as UBA customer?

The bank said customers with a minimum balance of N5,000 in the UBA Bumper Account or N10,000 in other eligible savings accounts qualify for the draws.

Also, dormant accounts can be reactivated with N10,000 to participate.

According to UBA, winners will be selected through live draws monitored by regulators, including the Federal Competition and Consumer Protection Commission (FCCPC) and the Lagos State Lottery & Gaming Authority.

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UBA announces plans to reward customer both new and existing
UBA said the promo will run for nine months Photo: Benson Ibeabuchi
Source: Getty Images

Alero Ladipo, UBA’s group head of marketing and corporate communications, said:

“The Super Savers Promo is more than just giveaways. It is part of our mission to provide innovative solutions and create opportunities for our diverse customer base."

UBA is one of the largest commercial banks in Nigeria with branches all over African countries.

The bank boasts a large customer base, and its 2024 audited financial results revealed that customers’ deposits stand at over N20 trillion.

Bank warns against fake message

In an earlier report, Legit.ng revealed that commercial banks in the country have sent out warnings to customers about the rising cases of fake bank alerts, a tactic commonly used by scammers to defraud individuals and businesses.

In statements released to the press, the banks explained that the fraudulent alerts are designed to look like genuine deposit or transfer notifications, misleading recipients into believing they have received money.

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UBA Announces N5 Billion Loan to Support Women-Owned Businesses in Nigeria

Unsuspecting victims often provide goods or services without verifying the payment, only to later discover that no funds were actually credited to their accounts.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.

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