Category: e-Business

  • Aurflux Flow Review 2024: Scam or Legit Trading Platform – Must Read!

    Aurflux Flow Review 2024: Scam or Legit Trading Platform – Must Read!

    Aurflux Flow is an online crypto trading system that combines the latest technologies like AI and algorithms to automate the entire trading process and support the needs of experts, intermediates, and beginners. This platform is said to integrate unique features and functionalities so that it can simplify various trading tasks. According to the founders, this system will provide accurate insights and alerts devoid of human biases. Today, this Aurflux Flow review will probe into each important aspect of this new trading bot to verify its safety and reliability.

    Visit Aurflux Flow Platform

    Though Aurflux Flow is a new crypto trading software, it has been receiving immense hype with plentiful data available online that is sure to confuse you. There are mixed opinions as well, making it difficult to judge the legitimacy of this system. This Aurflux Flow review will solve this issue by providing reliable information collected from trustworthy sources like review websites, crypto forums, and more. So, keep reading the review and then see if this trading bot will benefit you.

    Aurflux Flow- Facts Overview

    Platform NameAurflux Flow
    Platform TypeWeb-based
    Technology UsedAI technology
    Asset OptionsCryptocurrencies and a wide range of other assets like forex pairs, shares, stocks, bonds, futures, commodities, derivatives, etc.
    Payment MethodsDebit/credit cards, e-wallets, and direct bank transfers
    Minimum Deposit$250
    Payout TimeWithin 24 hours
    Demo AccountAvailable
    Mobile CompatibilityCompatible
    Registration FeesNone
    Deposit and Withdrawal ChargesNone
    Countries EligibleMost parts of the world
    Customer Support24/7
    Official WebsiteClick Here

    What is Aurflux Flow?

    Aurflux Flow is a web-based trading platform developed by a group of crypto enthusiasts to bridge the gap between traders and the dynamic crypto market. The platform integrates the latest technologies like artificial intelligence and sophisticated algorithms to conduct in-depth market research, gather valuable information like trends, and offer accurate results. According to the creators, Aurflux Flow eliminates human emotions from trading to ensure a high success rate.

    The Aurflux Flow system has been created in such a way that experts, beginners, and intermediates can use it with ease. The system offers several unique features and functionalities, such as a user-friendly interface with a simple and solid dashboard, a demo account with simulated funds, various customization options, extra resources, different payment methods, stringent safety measures and protocols, and round-the-clock customer support. Aurflux Flow partners with regulated brokers and provides all services free of cost.

    Click Here To Try Aurflux Flow Platform

    Is Aurflux Flow Legit?

    The Aurflux Flow crypto trading bot appears genuine from all the data available on trusted sources like review websites, crypto forums, etc. The system utilizes the latest AI technology and algorithms to perform extensive market analysis in real time and ensure accurate insights to make the right choices. It collaborates with licensed brokers in the industry who support during emergencies, as well as, other stages in trading.

    Then, this trading software ensures a simple and fast registration process that requires no payments. It offers several convenient payment methods to promote safe and smooth transactions. The system ensures 24/7 customer support that traders can use to clear queries and concerns on time. This platform integrates stringent safety measures and protocols to safeguard user data, activities, etc.

    Taking all the above discussed into account and the positive feedback from traders and experts, the Aurflux Flow system seems genuine. That being said, accessing the official website for registration is important to gain access to all its services.

    How to Start Trading on Aurflux Flow?

    The Aurflux Flow trading platform follows a simple step-by-step process to allow traders and investors to utilize its services. The steps involved are listed below:

    • Step 1- Register an Account

    The first and foremost step is to open an account on the Aurflux Flow platform. For this, you have to open the official website and access the registration or signup form on the homepage. Then, fill in all the mandatory fields, such as name, email address, phone number, and place of residence correctly and submit the form. Now, you can wait for the confirmation mail from the creator so that you can create a trading account to carry out live trading.

    • Step 2- Invest an Amount

    The next major step is to fund your Aurflux Flow trading account with an amount that the system can use as capital to start live trading. The minimum amount that you have to deposit is $250, via direct bank transfer, debit/credit card, or any other available deposit method. It is better to start with a small amount for a hassle-free experience and then slowly make bigger investments.

    • Step 3- Begin Live Trading

    The last step is to customize the system as per your trading goals, risk tolerance levels, market conditions, and more. You can easily modify parameters, strategies, etc., and then let the platform perform live trading for you. The system will continuously scan the market for the right opportunities and deliver signals that match your requirements.

    Register On Aurflux Flow For Free

    How Does Aurflux Flow Work?

    The Aurflux Flow trading bot functions in a systematic way using the power of artificial intelligence and advanced algorithms. The system, first of all, conducts detailed market analysis to gather essential information, such as price movements, the latest updates, current and past price data of assets, trends, patterns, and more. After this, the platform identifies the right trade positions and generates signals and insights so that traders and investors can execute orders at the right time without any delay.

    Along with this, the Aurflux Flow platform also keeps examining risk factors and takes the required measures to prevent losses and protect investments. The system connects with reliable brokers who deploy the right strategies to tackle sudden price drops, market manipulations like pump-and-dump schemes, and so on. The platform also provides a demo or trial mode with virtual funds to examine the platform’s performance and develop skills and strategies without any financial risks.

    Aurflux Flow Pros and Cons

    In this section, let us go through the advantages and disadvantages of the Aurflux Flow crypto trading bot so that you can have more clarity about what can be expected.

    Pros

    • Easy-to-use platform
    • Simple registraion process
    • Designed to cater to the needs of all types of traders
    • Live market analysis
    • Various trading options
    • Different secure payment methods
    • Payouts within 24 hours
    • Strict safety measures
    • Dedicated customer support
    • Customizable settings
    • Demo or practice account
    • Risk management tools
    • Extra resources
    • Partnership with reliable brokers

    Cons

    • As of now, the Aurflux Flow trading software is not accessible in some parts of the world where crypto trading is restricted, such as Iran, Cyprus, and Israel

    Aurflux Flow User Reviews and Ratings

    User responses to the Aurflux Flow web-based platform have been positive till now, with several traders and investors commenting that it is simple to use, offers accurate signals and insights, connects with reliable brokers, offers extra resources, guarantees 24/7 customer support, integrates strict safety protocols, and so on. These users have rated the platform a 4.8/5 indicating that it is safe for all types of traders and investors.

    Aurflux Flow- Cost, Minimum Deposit, and Profit

    In comparison to other trading platforms, Aurflux Flow is cost-free with just a small investment requirement of $250 to initiate live trading. Other than this, the system charges zero fees for services like account registration, account maintenance, deposits, withdrawals, etc. According to the founders, users can make consistent profits with this small initial deposit itself.

    Try Aurflux Flow For Free

    Aurflux Flow Cryptocurrencies Supported

    At the moment, the Aurflux Flow trading platform supports all major cryptocurrencies and other valuable assets like stocks, forex pairs, shares, commodities, bonds, derivatives, futures, and more so that users can invest in different assets, expand their portfolios, manage risks, prevent losses, and boost profits. Some major crypto assets currently available for trading are included in the list below:

    • Bitcoin (BTC)
    • Litecoin (LTC)
    • Solana (SOL)
    • Ripple (XRP)
    • Cardano (ADA)
    • Uniswap (UNI)
    • ChainLink (LINK)
    • USD Coin (USDC)
    • TRON (TRX)
    • BitcoinCash (BCH)
    • Dogecoin (DOGE)
    • Ethereum (ETH)

    Aurflux Flow Countries Eligible

    Though Aurflux Flow is a new web-based trading platform, it has become quite popular in many regions across the globe. Some of these places are listed below:

    • United Kingdom
    • Poland
    • Sweden
    • Japan
    • Australia
    • Slovakia
    • South Africa
    • Belgium
    • Switzerland
    • Slovenia
    • Canada
    • Thailand
    • Singapore
    • Spain
    • Vietnam
    • Taiwan
    • Brazil
    • Malaysia
    • Denmark
    • Netherlands
    • Norway
    • Mexico
    • Hong Kong
    • Germany
    • Chile
    • Finland

    Aurflux Flow Review Final Verdict

    So, in this Aurflux Flow review, we have gone through almost all crucial aspects of this crypto trading platform and it is evident that this system is safe and reliable.  The system leverages the latest technologies like AI and algorithms for market analysis and accurate signal generation. As of now, the platform has received positive responses from users who have rated it a 4.8/5 indicating that it is genuine and worth it.

    As per the Aurflux Flow reviews, the system integrates unique features and functionalities to support the needs of experts, intermediates, and beginners. It offers an intuitive interface with a simple customizable dashboard, a demo account with virtual funds, different customization options, secure payment methods, various asset options, extra resources, strict safety measures, and 24/7 customer service. Aurflux Flow partners with trusted brokers who offer support during every phase of trading.

    This crypto trading bot, in comparison to other trading platforms, is affordable with just a small investment requirement of $250 to begin live trading. So, on the whole, Aurflux Flow appears to be a reliable platform that you can depend on to elevate your trading experience.

    Start Trading On Aurflux Flow For Free

    Aurflux Flow FAQs

    Can people with no previous trading experience use Aurflux Flow?

    Yes. People with no previous trading experience can use the Aurflux Flow trading platform as it offers several unique features and functionalities like an intuitive interface, a demo account, etc.

    What about the signup process on Aurflux Flow?

    Aurflux Flow ensures a simple and secure signup process that can be completed in a few minutes.

    How much does the Aurflux Flow platform charge from traders?

    Aurflux Flow is a cost-effective trading platform that charges no fees or commissions from traders.

    Is Aurflux Flow accessible on mobile phones?

    Yes. Aurflux Flow is accessible on all devices, including mobile phones as it is built on a web-based model.

    Does Aurflux Flow provide 24/7 customer support?

    Aurflux Flow has a responsive customer support team that is available 24/7 to resolve queries users have about trading, using the platform, and so on.

  • FCMB Group shareholders approve N340bn capital raise

    FCMB Group shareholders approve N340bn capital raise

    The approval, granted during an extraordinary general meeting held in Lagos and virtually, is crucial for its banking subsidiary, First City Monument Bank Limited, to comply with the Central Bank of Nigeria’s international license requirements.

    The approved measures include increasing the authorised additional capital raise from N150 billion to N340 billion, which empowers the Group to explore a diverse mix of financial instruments, such as ordinary and preference shares, convertible and non-convertible securities, bonds, and loans.

    Shareholders also endorsed the divestment of stakes in one or more subsidiaries, with proceeds earmarked for reinvestment in the banking subsidiary, and the acceptance of surplus funds arising from oversubscription of the public offer launched in July 2024, subject to regulatory approvals.

    The meeting also approved an increase in the company’s issued share capital from N19.8 billion divided in 39.6 billion ordinary shares of 50k (Fifty Kobo) each while authorizing the raise of up to $15 million (or its Naira equivalent) via a mandatory convertible loan targeted at select qualified investors.

    Read Also: Agric start-ups share N23m in FCMB’s Hackathon

    “This is a critical milestone,” said Group Chief Executive Ladi Balogun, emphasizing shareholder confidence in FCMB Group’s strategic direction.

    FCMB Group reported a 67% growth in nine-month profit before tax to 91.8 billion naira. An earlier capital raise in September was oversubscribed, showing investor confidence in the company’s growth prospects.

    Shareholders expressed confidence in the company’s trajectory, applauding its ability to generate robust returns and exceed expectations.

  • Payaza secures N50bn commercial paper approval from FMDQ Exchange

    Payaza secures N50bn commercial paper approval from FMDQ Exchange

    Payaza, a leading African financial services provider, has secured approval for a N50 billion Commercial Paper issuance from FMDQ Exchange.

    This milestone underscores Payaza’s commitment to becoming Africa’s most trusted payment gateway by delivering seamless, secure, and innovative financial solutions tailored for Africans.

    The N50 billion Commercial Paper programme will significantly enhance Payaza’s liquidity, allowing the company to scale operations, diversify its product offerings, and strengthen its market leadership across Africa.

    Seyi Ebenezer, Chief Executive Officer (CEO) of Payaza, said: “This approval reflects the confidence placed in our vision by key financial stakeholders. It marks a pivotal step in our journey to deliver innovative, accessible, and scalable financial solutions across Africa. With this opportunity, we are well-positioned to bolster liquidity, expand our services, and drive strategic investments that empower individuals and businesses to thrive in a dynamic economy.”
    Payaza’s recent successes include an investment-grade rating from Global Credit Rating (GCR), an affiliate of Moody’s, a globally recognized risk assessment firm operating in over 40 countries.

    Read Also: Agric start-ups share N23m in FCMB’s Hackathon

    This rating reflects Payaza’s strong financial structure, operational efficiency, and robust governance, further solidifying its credibility and boosting investor confidence.

    Renowned for pioneering digital payment platforms and tailored credit solutions, Payaza leverages cutting-edge technology to bridge financial service gaps across Africa.

    The company’s vision to become Africa’s foremost fintech powerhouse continues to drive its efforts in promoting financial inclusion and delivering sustainable solutions for underserved markets.

    According to Mr. Philips Akinyele, Payaza’s Chief Technology Officer; “The N50 billion Commercial Paper approval is more than a financial milestone; it reinforces our dedication to building innovative solutions that drive economic inclusion and growth across Africa. This move will enable us to deepen our offerings, strengthen infrastructure, and create opportunities that transform lives.”

    As Payaza advances its ambitious expansion strategy, the company continues to inspire confidence among stakeholders, redefine financial solutions, and lead the transformation of Africa’s financial ecosystem.

  • NucleusIS Africa Acquires Rigo Microfinance Bank

    NucleusIS Africa Acquires Rigo Microfinance Bank

    NucleusIS Africa Limited, Africa’s fastest-growing technology company, has announced acquisition of Rigo Microfinance Bank Limited

    The takeover is expected to strengthen NucleusIS Africa’s ability to deliver cutting-edge healthcare financing services across the continent.

    Speaking on the acquisition, Mr. Femi Niyi, Board Chairman of NucleusIS Africa Limited, expressed optimism about the expanded opportunities this acquisition creates. 

    “This acquisition aligns perfectly with our vision of transforming healthcare financing in Africa. Combining our innovative solutions with Rigo Microfinance Bank’s financial services infrastructure will enable us to address critical healthcare challenges more effectively,” he said.

    The acquisition underscores NucleusIS Africa’s mission to close the healthcare funding gap through technology-driven solutions. By integrating Rigo Microfinance Bank’s established financial infrastructure, the company aims to broaden its reach and enhance its ability to offer seamless, customized financial services to healthcare providers and patients.

    Industry experts believe this acquisition positions NucleusIS Africa as the leading force in healthcare finance innovation across Africa. NucleusIS Africa will be able to better support medical service providers and expand access to essential healthcare services for more Africans.

    With the added capacity, the company plans to introduce new financial products designed to support healthcare providers, facilitate patient financing, and significantly improve access to quality healthcare services.

    The move is a strategic step toward reshaping Africa’s healthcare financing landscape.

    The acquisition of Rigo Microfinance Bank Limited marks a new chapter in the company’s mission to create sustainable healthcare solutions through financial empowerment.

    NucleusIS Africa Limited, founded in 2019, is a Nigerian Tech Company leading groundbreaking innovation to enhance healthcare access in Africa, through technology-driven health insurance solutions. The company’s flagship platform automates health insurance operations, connecting insurers, healthcare providers, and individuals across Nigeria and Ghana.

    Within the last few years, the organisation has onboarded over 700,000 insured individuals while partnering with major health insurance providers. NucleusIS has also introduced a groundbreaking credit scheme that enables users to purchase health insurance on a “buy now, pay later” basis, addressing affordability and accessibility challenges. 

    Through collaborations with telecom companies and retailers, NucleusIS has expanded its reach, creating thousands of healthcare access points. It has also helped insurers launch tailored products, including specialized plans for seniors and chronic care management. The company continues to scale its operations with a goal of insuring millions more across Africa in the coming years.

  • BrandTell Nigeria reduces cost of goods for festive season at Sales Yakata 3.0

    BrandTell Nigeria reduces cost of goods for festive season at Sales Yakata 3.0

    As part of its commitment to supporting Lagos and giving back to the community during the festive season, BrandTell Nigeria, a leading SME development firm, has concluded its Sales Yakata 3.0 trade fair. 

    The event, from November 22- 24 at the National Stadium, Surulere, provided thousands of residents access to discounted goods and free medical services, easing the financial pressures of end-of-year celebrations.

    The initiative was designed to address rising market prices and ensure families could afford essential items for the holidays. Products on offer included foodstuffs, household supplies, personal care items, real estate, fashion attires and accessories, medical products and more, all at significantly reduced prices.

    “Our goal with Sales Yakata 3.0 was to make the festive season more enjoyable for everyone by reducing the cost of essential goods,” said Adenike Fagbemi, Founder of BrandTell Nigeria. “We understand how important it is for families to celebrate the end of the year without worrying about financial constraints, and we’re thrilled to have made this possible.”

    Thousands of Lagosians attended the fair, taking advantage of the affordable prices to prepare for the festivities and even won amazing raffle draw prizes which included a washing machine.

    “I am grateful for this initiative,” said Babatunde Kazeem, a resident of Lagos. “With the rising cost of goods, it’s been hard to afford everything my family needs for the holidays. This event has been a blessing.”

    Fagbemi emphasized the company’s dedication to creating lasting solutions for communities: “This initiative reflects our belief that everyone deserves to celebrate the festive season without stress. We’re committed to making Sales Yakata an annual tradition, providing even more opportunities for affordable shopping.”

    BrandTell Nigeria has announced plans to extend the initiative to other locations across Lagos in the future, ensuring even more residents benefit from the program during the festive season.

  • Vice President Kashim Shettima Inaugurates Mamuda Group’s New Factories: Advancing Nigerian Industry

    Vice President Kashim Shettima Inaugurates Mamuda Group’s New Factories: Advancing Nigerian Industry

    Mamuda Group, a cornerstone of Nigeria’s industrial progress, proudly welcomed His Excellency Kashim Shettima, GCON, Vice President of the Federal Republic of Nigeria, to its facilities in Kano. Accompanied by His Excellency Comrade Aminu AbdusSalam, Deputy Governor of Kano State, and a distinguished delegation, the Vice President inaugurated Mamuda Group’s newly established factories, marking a significant milestone in the nation’s industrial growth and job creation.

    The delegation was warmly received by Mr. Hassan Hammoud, Chairman and CEO of Mamuda Group, alongside key stakeholders and dignitaries. This landmark event celebrated resilience, innovation, and collaboration, reaffirming Nigeria’s path toward economic diversification and industrial transformation.

    A Celebration of Leadership and Vision

    Addressing the gathering, Mr. Hammoud lauded the visionary leadership of His Excellency President Bola Ahmed Tinubu and Vice President Kashim Shettima, crediting their administration with fostering economic recovery and industrial growth despite challenging circumstances.

    “Your Excellency, we are deeply grateful for the leadership and vision you and His Excellency President Bola Ahmed Tinubu have brought to Nigeria,” Hammoud stated. “The economic challenges of recent years have tested us all, but your unwavering commitment to fostering recovery and creating an enabling environment for industries has reignited hope for a brighter future.”

    The inauguration of Mamuda Group’s new factories stands as a testament to this progress. These facilities will add 10,000 new jobs to the existing workforce of over 13,000 employees, underscoring Mamuda Group’s unwavering dedication to reducing unemployment and empowering communities.

    “Today, we celebrate not only your esteemed presence but also the launch of transformative projects that will drive industrial diversification, innovation, and job creation,” Hammoud added.

    Mamuda Group: Driving Growth and Sustainability

    Mamuda Group continues to serve as a pillar of Nigeria’s industrial ecosystem. During the event, the company revealed its commitment to sustainability and green energy, announcing the expansion of its existing 31-megawatt power plant with an additional 7 megawatts and the integration of a 5-megawatt solar system. These initiatives reflect Mamuda Group’s leadership in environmental stewardship and operational efficiency.

    “Our investments in energy sustainability ensure uninterrupted operations while promoting self-reliance and green energy,” Hammoud noted. “These projects are not just about meeting today’s needs but building a foundation for a sustainable future.”

    A Call for Policy Support

    In his remarks, Mr. Hammoud urged the government to continue supporting industrial growth through strategic policies.

    “Strategic investments in infrastructure, progressive tax reforms, and accessible financing are critical to unlocking Nigeria’s industrial potential,” he emphasized.

    Mr. Hammoud also expressed heartfelt gratitude to His Excellency Dr. Abba Kabir Yusuf, Governor of Kano State, for fostering a secure and business-friendly environment. “Your leadership has positioned Kano as a hub for commerce and innovation, enabling companies like Mamuda Group to thrive and contribute to the national economy.”

    Building a Prosperous Future Together

    As the event concluded, Mr. Hammoud reaffirmed Mamuda Group’s alignment with the Federal Government’s vision of economic diversification and industrialization.

    “With your continued support, we are confident in achieving even greater milestones and building a future where prosperity is shared by all Nigerians,” he stated.

    The Vice President’s visit and his inauguration of Mamuda Group’s new factories underscored the vital role of public-private partnerships in driving Nigeria’s economic transformation. Mamuda Group’s initiatives stand as a testament to the power of resilience, innovation, and collaboration in achieving shared progress.

    Empowering Nigeria Through Industrial Excellence

    This landmark occasion represents another step forward in Mamuda Group’s journey of growth and innovation. With the inauguration of its new factories, Mamuda Group solidifies its role as a key contributor to Nigeria’s industrial and economic success, empowering the nation through industrial excellence.

  • FCMB Group Plc reports 67% profit before tax growth to ₦91.8bn 

    FCMB Group Plc reports 67% profit before tax growth to ₦91.8bn 

    FCMB Group Plc has announced a 67% growth in Profit Before Tax (PBT) to ₦91.8 billion for the nine months ended September 30, 2024, reflecting robust financial and operational performance across its business divisions.

    The Group recorded a 67.2% increase in gross revenue to ₦587.8 billion, compared to ₦351.5 billion in the same period in 2023. This was driven by an 86.5% growth in interest income and a 26.2% increase in non-interest income. Net interest income rose by 44.3% year-on-year, from ₦120.5 billion to ₦173.8 billion, bolstered by an improvement in the yield on earning assets from 14.9% to 17.4%.

    Commenting on the results, Ladi Balogun, Group Chief Executive, FCMB Group, said: “The Group has maintained its double-digit growth trajectory across all four business divisions and expects to sustain this momentum for the rest of the year. As we continue our transformative capital raising programme, we expect the performance to be bolstered through improved interest margins, material balance sheet growth, and consequently improved efficiency ratios. We will also see liquidity and capital adequacy rising sharply. Most importantly, we look forward to accelerating our support for the Nigerian and broader African economies with our purpose-led strategy.”

    Operating expenses increased by 51.7% year-on-year to ₦169.1 billion, impacted by rising personnel, regulatory costs, and inflationary pressures. Despite this, the cost-to-income ratio remained efficient at 55.4%. Additionally, net impairment losses on financial assets declined by 22% to ₦44.4 billion, resulting in a lower cost of risk of 2.7%, compared to 3.9% in the prior year.

    PBT growth was well-distributed across the Group’s operating divisions. The Nigerian Banking operations accounted for 68% of the total PBT, while 32% came from other operating companies. Each of the Group’s divisions posted impressive year-on-year earnings growth: Consumer Finance (108.5%), Investment Banking (63.3%), Banking Group (49.8%), and Investment Management (31.4%).

    Read Also: Auto firm, FCMB partner on vehicle ownership

    The Group’s financial position also strengthened significantly. Total assets grew by 75.9% to ₦6.82 trillion, up from ₦3.88 trillion, while loans and advances increased by 58.9% to ₦2.53 trillion. Customer deposits rose by 71.1% to ₦4.33 trillion, and assets under management grew by 36% to ₦1.30 trillion.

    FCMB Group also reported a 15.2% increase in its customer base to 13.9 million, gaining over 1.3 million new customers. The Group’s agency banking network expanded to over 362,000 agents, adding more than 700,000 customers.

    Despite significant slowdown in debt capital markets due to the high interest rate environment, the Investment Banking Division mobilized ₦876 billion in capital for clients, compared to ₦691 billion in the prior year. The Group also successfully launched and closed the first phase of its capital raising programme. The next phase of the Group’s capital raising programme, for which an Extraordinary General Meeting (EGM) has been convened, will be integral to its aspiration to retain its international banking license in compliance with the CBN’s recapitalization directive.

  • 20 new millionaires to emerge in FCMB promo

    20 new millionaires to emerge in FCMB promo

    First City Monument Bank (FCMB) has kicked off the 10th season of its popular “Millionaire Promo,” a campaign designed to reward and empower customers across Nigeria.

    During the nationwide promotion, 20 customers will win N1 million each, while hundreds more will receive cash prizes ranging from ₦20,000 to ₦100,000. The promotion runs until September 2025, with thousands of customers expected to benefit. 

    In the last season, FCMB awarded 2,310 customers cash prizes and 14,780 consolation prizes, totalling 17,080 winners. The Promo remains inclusive. It is open to new and existing savings account holders, with scheduled draws nationwide to ensure widespread participation.

    Adetunji Lamidi, Divisional Head of Personal Banking at FCMB, highlighted Millionaire Promo’s role in deepening customer engagement and reinforcing the bank’s commitment to financial security. He stated that the promotion rewards and empowers customers to achieve their financial goals. “The FCMB Millionaire Promo has become a meaningful way to reward customer loyalty and encourage savings. We are excited to see winners emerge this season from cities and towns across Nigeria.”  

    To qualify, customers must increase their account balance by at least N10,000 and maintain it for 30 days to enter the monthly and seasonal draws. Additional increments of N10,000 will boost a customer’s chances of winning.

    Several past winners shared their experiences. Thompson Akinnodi, from Ondo State, said, “The FCMB Millionaire Promo shows the bank keeps its promises.” Akinnodi used his cash prize to support his children’s education and holiday celebrations.

    Read Also: FCMB, EStars partner on electronic sports in schools

    Port Harcourt-based businessman Onuoha Harol described his win last year as a “fantastic Christmas gift.” He invested his prize in his block and real estate business. Similarly, Lagos resident Omoye Oyakhire used her prize money to expand her poultry farm.

    Another past winner, Tanimu Suleiman, expressed his surprise at winning the FCMB Millionaire Promo. I never believed in this until FCMB called me about winning ₦1 million. The money will be invested in my business,” he said, encouraging others to bank with FCMB and adding that “the bank attends to customers’ needs very well.”

  • Primetech digital Africa trains over 300 employees with AI driven tools

    Primetech digital Africa trains over 300 employees with AI driven tools

    PrimeTech Digital Africa Ltd, an innovative software and EdTech company driving the growth of the industry by leveraging cutting-edge solutions to revolutionise corporate training and e-learning services has trained over 300 employees of multinational companies in Nigeria with its AI driven tools within its first year of operation.

    PrimeTech Digital Africa uses key technology features and innovations, particularly in the integration of artificial intelligence (AI) into corporate training and e-learning such as artificial intelligence (AI) personal tutors (personal courses tutor), artificial intelligence (AI) buddies (Career, Equipment fault troubleshooting etc.) and customizable e-Learning solutions (Digitisation of SOPs) to ensure efficient delivery and seamless learning that enhance desirable results in the participants.

    To companies of different sizes (SMEs, large corporation and multinationals), education institutions, training and consultancy firms, young professionals and job seekers, PrimeTech Digital Africa renders services such as corporate training, custom AI tools, e-learning solutions and EdTech Innovation and have successfully trained over three hundred employees of multinational companies in Nigeria in their first year.

    Read Also: Fed Govt steps up fight against cancers, trains specialists

    PrimeTech Digital Africa’s dedicated team has worked extensively with Guinness Nigeria Plc and have trained employees who work in companies like Zenith Bank, Cadbury, Nigerian Breweries, Nestle, Friesland Campina, among others.

    PrimeTech Digital Africa Ltd Chief Corporate Relations Officer, Esther Yinusa, said PrimeTech Africa is wholly-owned by women, with women constituting 70% of the workforce who are all working towards their vision to transform Africa’s education sector and corporate training.

    The innovative company focuses on solving  key problems  such as inconsistent and ineffective employee training , scalability and accessibility of training, high cost of in-person face-to-face training programs, lack of incentives to attend training programs and more within the corporate training and education sectors, with a particular emphasis on leveraging technology and artificial intelligence (AI) to address the challenges faced by organizations and employees through its training arm , MoVarsity, which is also  a learning management system (LMS).

  • Wema Bank gifts seven outstanding innovators N145m

    Wema Bank gifts seven outstanding innovators N145m

    It was rain of cash for outstanding innovators who shone brightest at the just concluded Hackaholics 5.0 grand finale organised by Wema Bank.

    The participants who successfully concluded the 5th edition of the bank’s Hackaholics initiative, a premier ideathon designed to empower and support the nation’s brightest tech innovators, smiled home with cash prizes.

    The grand finale, which took place in Lagos, witnessed a remarkable showcase of ingenuity and problem-solving prowess, culminating in seven startups sharing an impressive N145 million in prize money—nearly double the initial prize fund of N75 million.

    This year’s Hackaholics stood out with a record-breaking 3,500 applications from across Nigeria. 

    From this pool, 10 finalists showcased innovative solutions addressing real-world challenges, ranging from education accessibility to sustainable agriculture, healthcare, and more.

    Feegor, the overall winner, was awarded the top prize of N50 million for its innovative B2B wholesale marketplace and SaaS platform. 

    Feegor empowers SMEs to discover, negotiate, and source goods from verified suppliers while accessing credit through a Buy Now Pay Later (BNPL) model. This groundbreaking approach is set to drive growth and create significant economic impact.

    Read Also: Nigeria to become net exporter to China soon, says DG China-Nigeria partnership 

    The first runner-up, Empayment AI, received N35 million for its AI-powered invoice discounting platform, revolutionising how businesses manage payments. 

    Bloom Beauty, the second runner-up, was awarded N20 million for its personalised, AI-curated solutions that are transforming the beauty industry.

    In the women-led category, MyTherapist secured the position of first runner-up, earning N12 million. MyTherapist connects users with mental health professionals, providing accessible and affordable therapy solutions for emotional well-being. 

    MyItura, an innovator delivering remote healthcare services, clinched the position of second runner-up in the women-led category, receiving N8 million.

    Both Northino and University X earned honorable mentions at the grand finale, each receiving N10 million. Northino was recognised for bridging traditional knowledge and modern technology through digital skills training for African native speakers, while University X impressed with its transparent, all-encompassing platform for tertiary education management.

    The significance of these groundbreaking innovations was highlighted by

     Wema Bank’s CEO, Moruf Oseni, said: “We are delighted to celebrate the brilliance of our youth through the Hackaholics initiative. At Wema Bank, we are more than a bank; we are enablers of dreams and drivers of transformation. When I stood here earlier, the total prize money was N75 million. But, inspired by the potential we saw, we decided to increase the total prize pool to N145 million. Wema Bank’s legacy of 79 years remains rooted in innovation, and with initiatives like Hackaholics, we continue to empower lives and shape the future.”

    Ugonna Ginigeme, CEO of Feegor and the overall winner, expressed heartfelt gratitude for the recognition and support. 

    “I feel very grateful to God, my team, and everyone who has been part of this journey. Winning among so many great startups and entrepreneurs is humbling. I sincerely thank the MD, Wema Bank, and its management for this incredible opportunity. These are still early days, but we are determined to keep working, building, and creating a positive impact for SMEs and the Nigerian economy while building an all-around successful company,” Ginigeme said.