Wema Bank Sends Fresh Update to Nigerians Selected for FG’s ₦50,000 Relief Payment

Nigeria Startup News

November 11, 2026

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Wema Bank has issued an advisory to Nigerians selected for the Federal Government’s ₦50,000 National Emergency Relief and Stabilisation Intervention (NERSI) payment, warning them to protect their banking details.

The bank said beneficiaries do not need to pay anyone to register or receive the relief. It also warned recipients against clicking suspicious links or sharing their Personal Identification Number (PIN), Bank Verification Number (BVN), National Identification Number (NIN) or One-Time Password (OTP).

Wema Bank advised selected beneficiaries to use the USSD channel to verify their eligibility and check their payment status. The code provided is *945*23#.

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The bank also urged Nigerians to remain alert to fraudsters who may exploit the relief programme by requesting money or confidential information. Beneficiaries should remember that the payment process is free and that no legitimate representative should ask for their PIN or OTP.

How to check your status

Selected beneficiaries can dial *945*23# to verify their eligibility and check their status. For enquiries, call the NERSI helpline on 0700-022-2222. Do not pay anyone or disclose sensitive banking details.

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