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Wema Bank, Etisalat Launch WemaEasySavers Account For Nigerian Youth

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wema-bank-logo

By Dipo Olowookere

One of Nigeria’s foremost financial institutions, Wema Bank Plc, has partnered with Etisalat Nigeria to introduce the WemaEasySavers, a Tier-1 savings account aimed at ensuring financial inclusion for more Nigerians, especially the youth.

The newly launched WemaEasySavers is an easy to open and use account designed to enable under-banked and unbanked Nigerian youth to achieve their financial goals while operating a regular bank account through their mobile phones.

This partnership will enable Wema Bank’s new drive to expand its presence in the youth market and also forms a strong part of Etisalat’s commitment towards driving the achievement of the Federal Government’s financial inclusion goal.

The bank, which recently launched its USSD banking code *945#, is seeking to leverage the market-wide acceptance of the product and Etisalat’s strong appeal in the youth market to onboard new customers using a unique code *945*10#.

Speaking about the partnership, Director, Digital Business, Etisalat Nigeria, Mrs Adia Sowho, said the partnership was significant for the telco as a youth-friendly network.

“We are delighted at this partnership with Wema Bank as it provides Etisalat another platform to enable Mobile Financial Services that will empower the youth segment.

“Etisalat is passionate about the development of Nigerian youth and we continuously seek ways to add value to their lives, and Wema Bank also shares this same vision,” she said.

Head of Retail and SME Banking at Wema Bank, Mr Dotun Ifebogun welcomed the partnership as a significant milestone for the bank.

“At Wema Bank, we have a renewed focus on the youth market because we know how important the youth are to the growth and expansion of the Wema brand. That is why we launched the WemaEasySavers account in partnership with Etisalat,” he said.

Mr Ifebogun explained that any Etisalat subscriber can open the new WemaEasySavers account anywhere, anytime and on any type of phone, including feature phones, just by dialing *945*10#.

Accounts opened via *945*10# can be used instantly for transactions of up to N30,000 daily. However, it can be upgraded any time to other account types that give higher transaction limits. The WemaEasySavers account is the easiest account to open and operate anywhere in the country.

Wema Bank prides itself as having a robust Information Technology infrastructure while Etisalat Nigeria has been recognised as one of the best networks in the country and with these advantages, the partnership is expected to offer customers the easiest, yet effective way to bank.

Below are short codes on *945# 

Short codes on *945#

Self help short codes

Action Short code
1 Balance Enquiry(check balance) *945*0#
2 Link BVN *945*BVN#
3 Self-Recharge *945*amount#
4 Buy Airtime *945*phone Number*amount#
5 Change PIN *945*00#
6 Get Account Number *945*000#
7 Change account number *945*2*oldaccountnumber*newaccountnumber#
8 Cash-on-the-Go(cardless withdrawal) *945*8*amount#
9 Card Control(to prevent Card usage on platforms

(POS,ATM,Web countries)

*945*11*last four digits of card#

Bill Payment Short Codes

 

  Action Shortcode
10 Remita Payment *945*9*RRR#
11 DSTV Subscription Payments *945*16*smartcardnumber*amount#
12 GoTV Subscription Payments *945*17*smartcardnumber*amount#
13 Startimes Payments *945*18*smartcardnumber*amount#
14 EKO AND IKEJA DISCO *945*19*meternumber*amount#
15 Smile Subscription Payments *945*20*idnumber*amount#
16 Swift4GBroadband subscriptionPayments *945*21*idnumber*amount#
17 Merchant Payments *945*22*MERCHANTCODE*amount#

Funds transfers Short codes

 

  Action Shortcode
18 Receive Western Union *945*14*MTCN*amount#
19 Receive/ redeem money *945*4*confirmationnumber*amount#
20 Send Money to phone/email *945*5*amount#
21 Send Money *945*accountnumber*amount#

 

 

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

Banking

Applications Open for GTCO ‘Take on Squad’ Hackathon 3.0

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By Dipo Olowookere

Tech enthusiasts interested in participating in the Take on Squad Hackathon, organised by Guaranty Trust Holding Company (GTCO) Plc, can now enter the contest via the official portal at https://squadco.com/hackathon.

The programme enters its third edition in 2026, and the theme for this year is Smart Systems: The Intelligent Economy, according to a statement issued by the organisers.

The hackathon brings together developers, designers and entrepreneurs across Nigeria in a collaborative environment to build practical solutions across key sectors, including financial services, healthcare, commerce and digital inclusion.

Participants are challenged to design and build intelligent, data-driven solutions that transform how communities engage with money.

It is part of the organisation’s commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-world challenges across Africa.

 “Today’s dynamic, digitally driven world demands continuous innovation, which is shaping how economies grow, how businesses scale, and how societies evolve.

“Through Take on Squad Hackathon, we are deliberately investing in the ideas and talent that will define the future.

“Our objective is not simply to encourage innovation, but to enable its translation into scalable solutions that deliver real and measurable impact.

“This reflects GTCO’s role as a financial services platform that connects capital, capability, and creativity to drive sustainable progress,” the Managing Director of HabariPay, Ms Eduofon Japhet, stated.

The social coding event remains a cornerstone of HabariPay’s mission to foster creativity and problem-solving among emerging tech talents. Competing teams will leverage Squad’s advanced APIs to create scalable digital tools that address everyday challenges faced by businesses and individuals.

Through initiatives such as this, GTCO continues to position itself at the intersection of finance, technology and enterprise, actively shaping the future of digital transformation in Africa.

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Banking

Easter: Ecobank Assures Customers Uninterrupted Banking Services

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By Dipo Olowookere

Banking services will not be interrupted throughout the Easter public holidays, from Friday, April 3, to Monday, April 6, 2026, for any reason, Ecobank Nigeria has assured its customers.

In a message over the weekend, the member of Africa’s leading pan-African banking group, Ecobank Transnational Incorporated, said customers would continue to enjoy quality service delivery during the period.

It noted that its secure and robust digital platforms would remain fully operational to support financial activities during the festive period.

All digital channels, including the Ecobank Mobile App, Ecobank Business App, USSD *326#, Ecobank Online, OmniPlus, Omnilite, EcobankPay, Ecobank Cards, ATMs, PoS terminals, and over 35,000 Ecobank Xpress Point agent locations nationwide, will remain accessible throughout the holiday, the financial institution further said, urging customers to conveniently conduct transactions at any time using this wide range of digital solutions.

Ecobank customers were encouraged to maximise the bank’s alternative channels for transfers, bill payments, airtime purchases, card services, and account management.

They were also advised to stay vigilant by shopping only on trusted websites; avoiding the sharing of PINs, passwords, and one-time passwords (OTPs); refraining from banking on public Wi-Fi networks; being cautious of urgent or emotionally charged messages; and regularly monitoring their account activity.

“Customers will continue to enjoy a full bouquet of services during the holiday, including local and international funds transfers, bill payments, airtime top-ups, merchant payments, balance enquiries, account statements, and cardless cash withdrawals via ATMs,” the Head of Products & Analytics, Consumer & Commercial Banking at Ecobank Nigeria, Mr Victor Yalokwu, stated.

“We understand that festive seasons come with increased financial activity, and our priority is to ensure our customers enjoy fast, reliable, and secure banking wherever they are.

“Our digital channels are designed to support uninterrupted transactions, and we have strengthened our systems to guarantee optimal performance throughout the Easter break,” he added.

Mr Yalokwu noted that, “Ecobank remains committed to providing innovative financial solutions and exceptional customer service. We wish all our customers and partners a peaceful and joyful Easter celebration.”

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Banking

Polaris Bank to Limit Access to VULTe for Four Days

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Polaris Bank Fashion Souk

By Dipo Olowookere

Customers may have difficulty accessing the digital platform of Polaris Bank, known as VULTe, during the Easter holidays from Friday, April 3, to Monday, April 6, 2026.

This is because the financial institution is carrying out system maintenance on the platform in its effort to ensure users enjoy a better banking experience.

In a notice over the weekend, the lender said “access to VULTe may be limited,” but it provided an alternative, which is the PolarisXperience.

Polaris Bank, which expressed regret over “any inconvenience” this action may cause its customers, said the “scheduled system maintenance” would happen from 10 pm to 8 am daily, promising that normal service would return after the maintenance.

“In continuation of our commitment to delivering a seamless and improved banking experience, we will be conducting a scheduled system maintenance during the Easter holidays.

“During this period, access to VULTe may be limited. We have provided an alternative channel, PolarisXperience:

“Please go to our website to onboard or use it as an existing user. You can also use this link: (https://elogin.polarisbanklimited.com).

“We regret any inconvenience and appreciate your understanding. Normal service will resume after the maintenance,” parts of the notice seen by Business Post read.

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