Wema Bank Fashion Souk 2025 offers shoppers cashback, prizes and a vibrant December experience at Harbour Point, Lagos
Wema Bank Plc on Friday in Lagos announced an exciting festive rollout as it confirmed major shopping rewards for customers attending the Wema Bank Fashion Souk 2025, scheduled for 6 and 7 December at Harbour Point, Victoria Island.
The bank said the two-day souk builds on previous editions that drew thousands of fashion, lifestyle and beauty enthusiasts.
It added that this year’s event will deliver an elevated end-of-year retail experience designed to help shoppers discover new brands and celebrate the season.
Wema Bank stated that customers will receive a twenty percent cashback on all purchases made with Wema or ALAT debit cards during the event.
The bank explained that the cashback scheme aims to make the festive shopping period seamless and more rewarding.
Officials also confirmed that visitors can open Wema Bank accounts on-site, fund them immediately, and take part in spin-and-win activities that offer instant cash prizes and gifts, creating a dynamic atmosphere for shoppers.
The bank said the Wema X Fashion Souk reinforces its commitment to empowering small and medium enterprises, supporting emerging entrepreneurs and delivering exceptional customer experiences that merge lifestyle, fashion and financial convenience.
It noted that the initiative reflects its broader push to stimulate creative enterprise and enhance customer engagement during the holiday period.
Wema Bank added that it remains focused on promoting innovation and providing value-driven services that uplift businesses and enrich customer experiences across Nigeria.
Bank of Industry (BOI), Nigeria’s foremost Development finance institution and a globally recognised organisation specialising in international development cooperation with countries, the German Agency for International Cooperation (GIZ), on Wednesday April 15, 2026, signs a Partnership Framework Agreement to drive sustainable innovation and economic development for large enterprise, and Micro, Small and Medium Enterprises (MSMEs) sector in Nigeria.
The partnership is hinged on delivering coordinated interventions across key strategic pillars including access to finance, entrepreneurship development, capacity building, and market access; and integrates focused support for climate finance and renewable energy investments; and a robust alignment with global sustainability priorities that enables MSMEs to be engines of economic development.
With this landmark agreement, BOI and GIZ are positioned to mutually ensure that capacity building efforts for businesses focuses on strengthening the technical and institutional capabilities of BOI’s Business Development Service Providers (BDSPs), equipping them to deliver higher-impact advisory services to the Bank’s customers; as well as enshrine a structured vocational training provided under the ICSS (Inspire, Create, Start and Scale) entrepreneurship programme to enhance productivity, workforce quality and overall business competitiveness to MSMEs.
The central pillar of this year’s partnership framework is its women’s economic empowerment through targeted financing initiatives; agribusiness development and rural enterprise growth; and climate-focused investment imperative to scale its renewable energy and energy efficiency financing portfolio.
BOI will strategically deepen its efforts to secure endorsement with the Green Climate Fund (GCF) with support from GIZ, a German-led development agency.
Speaking at the announcement ceremony, MD/CEO, Bank of Industry (BOI), Dr. Olasupo Olusi, said “This partnership is about closing the gap between enterprise potential and enterprise reality. Too many Nigerian businesses, particularly MSMEs, have the ideas, the drive, and the market opportunity, but lack the financing, technical capacity, or market access needed to scale. This partnership reflects our unwavering commitment to constantly form new partnerships to strengthen the entrepreneurial ecosystem in Nigeria. By combining our financing expertise with our partner’s international development experience, we are building a comprehensive framework that will directly translate into jobs, innovation, affordable, long-term financing and sustainable growth for MSMEs in Nigeria.”
In his remarks, Country Director, GIZ Nigeria and ECOWAS, Dr. Magnus Wagner, said, “This partnership demonstrates our joint commitments to strengthening Nigeria’s private sector and to advancing sustainable and inclusive economic growth.
“Through this partnership, we aim to support small and medium enterprises. We are trying more to look at SME, formalized business, which is the resilient backbone of Nigeria’s economy. So, we would like to work, we have decided in areas such as climate and sustainable finance, renewable energy and energy efficiency, entrepreneurship and innovation, women’s economic empowerment, agribusiness and rural transformation, and digital trade and market access.
“We look forward to a close and successful collaboration with the Bank of Industry, one that delivers tangible results for business, communities, and the country and the population as a whole”.
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