Wema Bank To Empower Shoppers With 20% Cashback At Fashion Souk

Wema Bank has announced that it will be empowering shoppers at Fashion Souk 2025 with a 20% cashback offer on all purchases made using Wema or ALAT debit cards.

The event, scheduled for December 6 and 7 at Harbour Point, Victoria Island, Lagos, will provide a vibrant marketplace for fashion, beauty, and lifestyle brands while giving customers an opportunity to enjoy a more rewarding December shopping experience.

Speaking on the bank’s commitment to delivering value through the souk, the Managing Director and Chief Executive Officer of Wema Bank, Moruf Oseni, said Fashion Souk has become an important platform that connects creativity, commerce, and community. One of the Bank’s key focus this December is to enhance its customer experience by offering 20% cashback to customers when they make transactions with Wema or ALAT debit cards at the event as long as they meet the criteria of the cashback. Customers will also be able to open Wema Bank accounts on-site, fund them, and participate in spin and win activities for instant gift items and cash prizes. These benefits according to Wema Bank MD/CEO reflects the Bank’s ongoing effort to make festive shopping easier, more convenient, and more rewarding for everyone who banks with Wema Bank.

The Divisional Head of Retail and SME, Ayodele Olojede, also highlighted the bank’s commitment to supporting business growth. She said, “Fashion Souk is a marketplace of opportunities for entrepreneurs across fashion, beauty, and lifestyle. By offering cashback incentives and providing access to financial solutions on-site, we are helping SMEs increase sales, strengthen visibility, and scale with confidence. We are pleased to support this ecosystem again and to give customers a seamless and enjoyable shopping experience.”

Through its partnership with Fashion Souk, Wema Bank continues to champion entrepreneurship, empower small businesses, and deliver lifestyle-driven financial experiences that create real value for customers and vendors.