Parallex Bank has said that it rewarded 154 customers in Uyo, Akwa Ibom State, with cash prizes, airtime, and other exciting gifts in its ongoing Save and Win Promo.

In a statement, it said the highlight of the event was Idara Amos Attai, a trader, emerging as the grand prize winner of N1 million.

The promo, aimed at encouraging a culture of savings among Nigerians, saw 50 customers win N5,000 airtime, 50 receive N10,000 cash prizes, 30 awarded N20,000, 20 lucky winners claim N50,000 each, and three customers clinch N100,000. The winners were announced during a live draw held in Uyo on Thursday.

Uyo Branch Manager of Parallex Bank, Maryanne Cephas,  reaffirmed the bank’s commitment to rewarding and supporting its loyal customers. “Parallex Bank is here to appreciate our loyal customers. Our interest rates are very attractive, and we support both small and large businesses,” she stated.  Cephas also encouraged existing customers to introduce others to Parallex Bank, highlighting the bank’s dedication to helping businesses grow.

Providing details of the draw, Abdulazeez Arogundade, Head of Products at Parallex Bank, disclosed that a total of ₦3.65 million was distributed among 154 winners, with one person walking away as a millionaire. “This Save and Win promo is designed to reward our customers for their loyalty, especially during these challenging economic times,” he explained.

Arogundade stated that the promo, which began in October 2024, will run until April 2025, offering customers two more chances to win big—in Abuja in March and Lagos in April, where the grand finale will be held.. “Simply open an account with Parallex Bank and save at least ₦10,000 monthly to qualify.” he added.

Speaking at the event, Uchegbu Chukwuma, a representative of the National Lottery Regulatory Commission, praised Parallex Bank for ensuring transparency in the selection process. He commended Parallex Bank for its integrity in conducting live draws, ensuring that all participants have a fair chance.

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