The seventh monthly draw for the Reward4Saving Promo of Stanbic IBTC Bank produced additional 70 winners on Wednesday, November 19, 2025.
The event, which took place at the bank’s headquarters in Lagos, saw the customers going home with N7 million in cash prizes.
Business Post gathered that 10 winners from each of the financial institution’s seven business zones were given N100,000 each.
“Today, we are celebrating our loyal customers by rewarding 70 savers with N7 million. This promotion demonstrates our commitment to recognising customer efforts while emphasising the importance of saving,” the chief executive of Stanbic IBTC Holdings Plc, the parent firm of the lender, Mr Chuma Nwokocha, said at the draw monitored 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), to ensure complete transparency and fairness.
One of the beneficiaries, Mr Valentine Ugochukwu, who operates a clothing business and lost everything in the Mandilas fire outbreak in September 2025, said, “I had been saving to restart my business.
“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.”
“I will keep saving so I can win more and hopefully win the grand prize of N5 million; thank you, Stanbic IBTC Bank, for putting a smile on my face,” he quipped.
Since the launch of Reward4Saving Promo Season 4, about 506 customers have won N67 million.
With a total prize pool of N130 million, N63 million is still up for grabs before the promo concludes on March 31, 2026, keeping excitement high among the bank’s customers nationwide.
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.