FCMB rewards 3,016 customers in millionaire promo
The winners were selected through electronic draws held between January and June, ensuring broad participation. The promo is open to new and existing savings account holders and ends in September.
During the fifth draw held on June 17, four additional customers won the star prize of ₦1 million each, with 112 others also receiving cash prizes. The latest millionaires include Ranti Badmos from Lagos, Wilson Onoezikome in Kaduna, Esther Obafemi in Ijebu-Ode, Ogun State, and Israel Oruma in Asaba, Delta State.
Israel Oruma, a timber merchant, expressed his delight at winning, saying the prize would significantly support his business.
"This is a pleasant surprise. I have been facing financial challenges recently. The ₦1 million will go a long way in assisting me. I'm investing it in my business and will encourage all my staff, family, and friends to open an account with the Bank. Thank you, FCMB."
Adetunji Lamidi, Divisional Head of Personal Banking at FCMB, said the Millionaire Promo reflects the bank's broader mission to enable financial security and opportunity for everyday Nigerians.
"At a time when many are facing economic pressure, savings-driven initiatives like this shift the focus from getting by to making progress. It gives people a reason to save, rewards loyalty, and shows that banking helps create real-life impact."
Speaking on the integrity of the selection process, Oyinkan Kusamotu, Principal Legal Officer at the Lagos State Lottery and Gaming Authority, stated:"It's great to witness FCMB's commitment to compliance, fairness, and transparency throughout the draw process, which builds trust with customers and stakeholders."
To qualify for Season 10 of the FCMB Millionaire Promo, customers must increase their account balance by at least ₦10,000 and maintain it for 30 days to enter the monthly and seasonal draws. Each additional ₦10,000 saved increases the customer's chances of winning. Dormant or inactive account holders can also participate by reactivating their accounts. Draws are held nationwide, giving everyone a fair opportunity to win.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Yahoo
5 hours ago
- Yahoo
Thailand's central bank caps most online transfers at $1,500 daily to thwart scams
BANGKOK (AP) — Banks in Thailand are now required to set a daily limit of 50,000 baht ($1,537) on many online transfers to lessen financial fraud, particularly those involving customers judged vulnerable such as children and the elderly, the country's central bank announced. The rule announced by the Bank of Thailand on Tuesday is meant to help combat the huge criminal industry of online scams, which makes billions of dollar annually and is especially active in Southeast Asia. The problem is worldwide, and in many countries there is increasing pressure on banks to play a more active role in safeguarding the assets of customers targeted by scammers. The new measure aims to curb financial fraud by preventing criminals from receiving and transferring a large amount of money at one time, and enabling timely freezing of illicit funds in order to increase the chances that victims will be able to recover at least some of their money, according to Daranee Saeju, the bank's assistant governor for Payment Systems Policy and Financial Consumer Protection. The daily transfer limit will be applied to transfers in three different tiers: under 50,000 baht ($1,537) , under 200,000 baht ($6,147) and above 200,000 baht ($6,147), depending on each customer's risk profile and the banks' assessment under know-your-customer, or KYC, rules. Customers with established records of responsibility can continue transferring at their usual levels. This measure will be implemented for new mobile banking and internet banking customers by the end of this month and for existing customers by the end of this year. Thailand has around 12 million mobile banking users, according to a report Wednesday in the Bangkok Post newspaper. It said previous central bank safeguards capped mobile banking transfers at 50,000 baht ($1,537) per transaction — with facial recognition required — and 200,000 baht ($6,147) per day in total. In June alone this year, 24,500 scam cases related to money transfers were reported to the authorities, causing total losses of 2.8 billion baht ($86.1 million) — an average of 114,000 baht ($3,504) per case. The largest single fraudulent transfer amounted to 4.9 million baht ($150,591), the Post reported, citing the central bank. On average, scammers needed only three minutes to siphon off half of the stolen funds, while victims typically took 19–25 hours to report the crime, the newspaper reported For the first six months of this year, children under 15 were involved in 78,468 financial scam cases, while victims over 65 years of age accounted for 416,453 cases, it said.. The Associated Press Sign in to access your portfolio


Washington Post
5 hours ago
- Washington Post
Thailand's central bank caps most online transfers at $1,500 daily to thwart scams
BANGKOK — Banks in Thailand are now required to set a daily limit of 50,000 baht ($1,537) on many online transfers to lessen financial fraud, particularly those involving customers judged vulnerable such as children and the elderly, the country's central bank announced. The rule announced by the Bank of Thailand on Tuesday is meant to help combat the huge criminal industry of online scams, which makes billions of dollar annually and is especially active in Southeast Asia. The problem is worldwide, and in many countries there is increasing pressure on banks to play a more active role in safeguarding the assets of customers targeted by scammers. The new measure aims to curb financial fraud by preventing criminals from receiving and transferring a large amount of money at one time, and enabling timely freezing of illicit funds in order to increase the chances that victims will be able to recover at least some of their money, according to Daranee Saeju, the bank's assistant governor for Payment Systems Policy and Financial Consumer Protection. The daily transfer limit will be applied to transfers in three different tiers: under 50,000 baht ($1,537) , under 200,000 baht ($6,147) and above 200,000 baht ($6,147), depending on each customer's risk profile and the banks' assessment under know-your-customer, or KYC, rules. Customers with established records of responsibility can continue transferring at their usual levels. This measure will be implemented for new mobile banking and internet banking customers by the end of this month and for existing customers by the end of this year. Thailand has around 12 million mobile banking users, according to a report Wednesday in the Bangkok Post newspaper. It said previous central bank safeguards capped mobile banking transfers at 50,000 baht ($1,537) per transaction — with facial recognition required — and 200,000 baht ($6,147) per day in total. In June alone this year, 24,500 scam cases related to money transfers were reported to the authorities, causing total losses of 2.8 billion baht ($86.1 million) — an average of 114,000 baht ($3,504) per case. The largest single fraudulent transfer amounted to 4.9 million baht ($150,591), the Post reported, citing the central bank. On average, scammers needed only three minutes to siphon off half of the stolen funds, while victims typically took 19–25 hours to report the crime, the newspaper reported For the first six months of this year, children under 15 were involved in 78,468 financial scam cases, while victims over 65 years of age accounted for 416,453 cases, it said..


Bloomberg
8 hours ago
- Bloomberg
Truist Plans to Open 100 New Branches in Reach for Mass Affluent
Truist Financial Corp. is planning to invest in branches and premier banking over the next five years as it focuses on growth after becoming one of the largest regional banks headquartered in the Southeast through its 2019 merger. The Charlotte, North Carolina-based lender plans to open 100 new branches and renovate more than 300 existing ones across a range of cities including Atlanta, Austin, Dallas, Miami, Philadelphia and Washington, according to an emailed statement.