On January 12, 2021, which was exactly a year ago, the Nigerian Security and Exchange Commission (SEC), the regulatory body in charge of investment in Nigeria, released landmark rules which changed the face of crowdfunding by small businesses to raise capital in Nigeria forever.

The landmark rules legalized and accepted crowdfunding as a means of raising capital by small businesses operating in the tough Nigerian terrain that want to scale.

Raising capital to start a new business or expand an existing one is hard. I speak from the experience of an entrepreneur that has run multiple businesses.

According to the SEC, with the published new rules, it is legal for a small business to raise capital through the means of crowd funding on Facebook, but the rules prohibit and frown at any dick, tom, or Harry coming on Facebook to solicit for funds.

So, what does the SEC want, and who is permitted to crowdfund on Facebook?

Who can raise funds under the new rules?

According to the rules of the SEC, only businesses that have been in business for at least two years are allowed to raise money through a crowdfunding portal that has been approved by the commission.

This could be done in exchange for the issuance of shares, debentures, or such other investment or instruments as the Commission may determine from time to time.

Note the word “crowdfunding portal.” And issuance of shares in lieu of your money.

Eligibility for registration of crowdfunding portals

To get money, you can only do it through crowdfunding portals that are registered with the SEC and have a paid-up share capital of at least N100 million.

The guidelines also provided clarity on companies incorporated outside Nigeria but still able to trade on crowdfunding platforms. A person in Nigeria is operating, providing, or maintaining a crowdfund portal if they do one of the following things:

(i) In Nigeria, the platform is managed, provided, or operated.

(iii) The platform doesn’t have a physical location in Nigeria, but it actively looks for investors from Nigeria.

(iii) The component parts of the platform, when taken together, are physically located in Nigeria, even if any of its component parts, in isolation, are located outside Nigeria. “

People who want to set up and run crowdfunding portals need to be crowdfunding intermediaries, which are businesses that have been registered with the SEC as an exchange, dealer, broker-dealer, or alternative trading facility as required by the SEC’s rules.

Another question is: how much can small businesses raise through crowdfunding to help them grow or scale?

Let’s go back to the SEC rules published last year.

What is the fundraising limit?

The commission states that the maximum amount which may be raised shall not exceed ₦100million by a medium enterprise, ₦70million for small enterprises and ₦50million for micro-enterprises. The limits set forth above shall not apply to MSMEs operating as digital commodities investment platforms, or such other MSMEs as may be designated by the Commission from time to time.

The final question is this:

What is the amount allowed by the SEC for Facebook investors who want to invest their hard-earned money in small businesses in order to create wealth and beat inflation with their investment?

Again, let’s go back to SEC rules.

What is the maximum investment limit?

Retail investors can’t buy more than 10% of their annual income in a calendar year from investment-based crowdfunding, but they can buy more than that.

Only “sophisticated, high-net-worth and qualified institutional investors” are exempted from this limit set by the commission.

Retail investors who are neither wealthy nor sophisticated are not permitted to invest more than 10% of their annual income.

Let me break this down:

Retail investors mean Obinna, who wants to invest his life savings of 500k with an unreglated food storage ponzi scammer on Facebook.

Before you dash her, your life savings are for her to invest in garri and other fabled food items.

Hear today that what you are doing is illegal as you are only permitted by the SEC to give her 50k of the 500k you have in the bank as your life savings.

This last sentence is only permissible by the SEC if and when they have recognised the food vendor you want to give the 500k.

The only individuals exempt from this 10 percent rule are high-net-worth individuals like Tony Elumelu, Seahorse boss, Ebuka Onunkwo, Peace Mass Transit boss, Dr. Sam Onyishi, and Dangote. These are billionaires who are permitted by the SEC to invest in any crowdfunding effort by a small business seeking to raise capital without any threshold on the amount they could invest.

At the moment, I’m not sure if there is any food storage vendor raising money that is recognized by the SEC.

I had to do this intervention because I followed the uproar that trailed the update by my brother and senior colleague, Barrister Azubuike

Section 67(1) of the INVESTMENT AND SECURITY ACT 2007 and Section 22 (5) of COMPANIES ALLIED MATTERS 2020, SPECIFICALLY prohibit equity based crowd funding by private entities, and allows only public companies, and statutory bodies, or banks established by or pursuant of an act of the nation, to accept deposit and savings from the public.

You may not like his approach to how he dragged your favourite Garri seller, who is raising money from guillable investors on Facebook, but he is actually right. The important question to ask before you drag him again is simple:

Does the Garri seller you are defending have her business recognized by the SEC?

Does her business, or any food storage vendor business raising money from Facebook, meet the SEC’s rules for small businesses who want to raise money through crowdfunding?

Your answer will determine whether or not a food storage business as it were now can legally raise money through crowdfunding on Facebook.

Be honest in answering this question.

When I was writing this, some one mentioned to me that what the food storage vendors do on Facebook is partnership and not crowdfunding which is fine.

Let’s go back to SEC rules again, According to SEC and also, let’s look at Company and Allied Matters ( CAMA),a partnership business in Nigeria is not meant to exceed 50 partners but our food storage vendors have more than 50 partners on the surface.

Anything more than 50 partners, the company is mandated by Law to transform into a PLC company, known as a public company.

Anything more than this is an illegal investment company, more or less a Ponzi.

Nigeria is a country of law. We are not Barbarians at the gate or a lawless country.

Therefore, any business operating outside the frame work meant to regulate it is an illegal business and can be called a Ponzi business as well.

Investing your money in an illegal food storage business is risky because the business you are investing in is a packaged Ponzi scheme, but since it is not my money, I wish you guys that you do not hear word. All the best from my heart.

I’ll be here when the Ponzi collapses to remind you that we warned you, but you get coconut head and no dey hear word, Ntor!, Dino Melaye style.

Till then, continue making all the food storage Ponzi scammers richer.

It’s just a matter of time

By Barrister Chukwudi Iwuchukwu

  • roHEALTH Provides 80,000 Agents of E-SL’s PayCentre Nationwide with Health Insurance Coverage – Commences pilot

Lagos, 11 February – roHealth again stamps its authority as the frontline HMO marketplace in Nigeria by providing 80,000 agents of PayCentre, Nigeria’s foremost Agent Banking Services provider with access to affordable and high-quality health insurance plans on its platform. This comes as an off-shoot of a recent partnership between roHealth and PayCentre in which agents of PayCentre and their loved ones will become beneficiaries of health insurance coverage from any of roHealth’s partner HMOs.

Speaking at the official signing of the partnership in Lagos, roHealth’s founder, Olalekan Olude expressed delight at the partnership, stating that it was done in line with the company’s vision to democratize health coverage in Nigeria by giving beneficiaries greater decision-making control over their health insurance while helping businesses save cost at scale.

In a similar vein, the CEO of E-Settlement Limited; Olaoluwa Awoojodu expressed delight at the collaboration between the two parties, stating that it will positively impact the health, and ultimately the productivity of their agents and their families. “We are pleased to announce that we have partnered with roHealth to improve access to health coverage for our agents and their family members,”

roHealth Home | A smarter way to save on health benefits.

The partnership which was signed in December of 2021 is expected to commence with an initial pilot phase during which select agents will be able to access health insurance coverage on the roHealth platform.  The initiative is projected to boost the productivity and performance of the ESL/PayCentre Agents by as much as 40% and ultimately increase sales and revenue for the organization.

As organizations strive to scale and improve on their output, it is imperative that they put measures in place to create conducive working conditions for their staff. Employees are the life-wire of any organization, therefore providing them with health insurance tailored to their needs must be considered a priority. Not only does it reduce the number of sick days off work, it also saves the organization huge costs.

This exactly is roHealth’s vision. We are here to make the process of selecting the right HMO for your employees as simple as ‘ABC’. By signing up on the roHealth platform, employers simply need to set a budget for health insurance, fund their wallets and then add beneficiaries (their employees). It really is that easy. 

Since its inception a few months ago, over 500 businesses trust and use roHealth to make their health insurance decisions.  For a free trial of their premium services, please click the link below: https://www.rohealth.ng/free-trial

•Declares Commitment To Full Implementation Of TSA

The Ondo State Government has directed all Ministries, Departments and Agencies in the state to institutionalize the concept of “One administration” and implement the mandates in line with the REDEEMED Agenda of the Governor Oluwarotimi Akeredolu-led administration.

This, among others were part of resolutions reached at the end of a 3-Day Retreat for Political Office Holders and Accounting Officers in Ondo state public service, held at Mydas Hotel and Resort, Owo, Owo Local Government Area of the state.

Earlier in his Keynote Address, the state Governor, Arakunrin Oluwarotimi Akeredolu,SAN, explained that the retreat was necessary to ensure that all MDAs key into the REDEEMED Agenda of the Administration; entrench the culture of One Administration; improve their revenue generation and upscale their productivity.

At the end of the retreat which ended on Saturday, participants resolved among other things that effort must be made to attain full implementation of Treasury Single Account (TSA).

It was also resolved that Ondo State must fully automate revenue collection, expand the revenue sources and block revenue leakages; while MDAs must prioritize and align capital projects with realistic budgetary provisions to ensure timely completion of key developmental projects.

In the communique signed by the Secretary to the State Government, Princess Oladunni Odu and the Head of Service, Pastor John Adeyemo, all MDAs are to adhere strictly to the provisions of Ondo State’s Public Procurement Law (2017), and also engage in peer review with sister agencies both within and outside the State for better performance.

Furthermore, Multilateral and bilateral funding opportunities are to be fully explored for the benefit of the State, even as synergy between political heads and technocrats are to be fostered and adherence to provisions of the regulatory books observed in all official actions.

“State’s Bureau of Statistics should be repositioned for data-driven development of all sectors;

“Public servants should undergo regular capacity building to enable them cascade knowledge gained to their subordinates while ICT competence be made a key qualification for new entrants into the State Public Service;

“Government to sustain its current security effort, particularly the operation of the Ondo State Security Network (Amotekun Corps), for continued protection of lives and properties in the State;

“Government to continue to press for the actualization of the exploration of its vast bitumen reserve, other mineral resources and the development of Port Ondo”, the resolutions said.

Parts of the degraded forest reserves in the State are to be utilized for cash crops for economic benefits, just as Gender mainstreaming and related matters to be continually prioritized by Government.

“Government to institutionalise citizenship engagement and sustain good labour/association relations”, it was added

As we toil daily in this modern  world, the most crucial thing for anybody is financial freedom. This is a stage that you do not get to start bothering on how to get your needs sorted with ease. At this stage it is financial freedom.

According to Vanguard it puts financial freedom as “Financial freedom is the ability to fund your life from passive income. It is your ability to move from a life that is funded solely by active income to a life that is funded by passive income. … This means that your income must come regardless of where you are, how you work, and whether you choose to work.”

In Exodus 34 versus 20, the bible brought to the bare the kingdom principles here. Here the Bible said that non shall appear before the king empty. You must appear before God and show some level of appreciation. This is one of the key kingdom principles.

In Proverbs 18 vs 16, here the Bible said the issue of gift and talents of individual. This gift will be the machine that will transport one to financial freedom. The case of Joseph was clear here. His talent made a way for him and when he was to appear before Pharoah, he brought to bare his talent and that was what made him succeed in a starve land.

Giving is one big secret to financial freedom. It is clear that the Bible said that it is blessed to give Than To take. This is one rule of Financial freedom and every Christian must know that it is important to give and assist without hoping to receive. The need to give back to church, needy and society. People are likely to remember you for not how much you have but how you give ams touch the lives of people. The ability to give is one thing that Bible commanded us to share.

Many Christians do not accept or conceive to the fact that giving is good. They even think that you are enriching the pastor but that is inconsequential. The crux of the matter is that you must give back to the society, identify the needy and then help them, if your church is in need always make yourself and resources  available to the church.

As Christians we must obey the kingship of Jesus Christ on our lives. The power of kings is displayed in their lives and we must demonstrate  the power of King Jesus. This is important. We must always treat people good. If we have househelp or servants in the house or any place we must not segregate and we must see people from what they are not their social status or standing.

Godliness with contentment is a great gain. Ability to be contented is one sure key that will reduce your pressure and make things easier for you as a Christian. Do your best and be contented with the one you have and keep faith in God. When you derail and leave the path to contentment then you will put yourself in harm’s way. Contentment is one critical thing we must know and abide with it. This is a luxury in today’s world where the society and media keeps pushing things via social media and advert so a lot of people throw contentment out of the window and this is one of the critical reason for depression and high suicide rate. We must know that all we have is given to us by God and not our smartness… So we must be Thankful, give back and be Contented.

Giving in the kingdom is one of the greatest act that we can do that we owe nothing. If we can have the spiritual eyes and see the importance of giving then we will always give. Jesus was clear about  this concept and we must know that everything belongs to God. When God ask us to give him, it is basically a test to our faith.  God doesn’t need our money but he puts our faith to test.

The importance of giving is so critical that Abraham was instructed to give his only son, and which he complied to and he was blessed beyond measure. When Abraham brought the boy to God, he was tested and his faith was shown that to give is one of the greatest thing we can do. We should pray God to open our eyes and not be a blind Christian. We be in church for ages and we tie ourselves to religion instead of being in the word of God. A lot of Christians must follow the teaching of God and de-emphasize on denomination. We shouldn’t cage ourselves to some things especially in religion but we must follow Christ teaching

It is like the average Nigerian graduate that is going to the University to get good grades and get good jobs without being taught how to graduate and create job. That is thinking out of the box. It is also determine what we do without time that is one of the critical thing that will determine our leverage in life. The need to start thinking out of the box matters. We must value your time and know that time is factor of production. 

Faith Cathedral International Ministry
Egbeda, Lagos

What may be happening in distant Ukraine might just be what we need to get free. Sorry for you if you think you are free! The West defying Russia on Ukraine might just be the keys needed to unlock our prison yard.

What some folks don’t realise is that these nations have divided the world into what they call spheres of influence. That is the reason why if there is an issue in Cameroon or Togo, France is expected to take the lead to address it. This is why China or Russia cannot walk into Nigeria to conduct a referendum; however, if Britain wakes up overnight to announce one, everyone takes it as it is. Russia, in pulling off a Soviet Union, created for herself her own sphere of influence; and this is understood by all.

When the Crimea event happened, Russia retaliated by selling weapons to Jonathan despite the ban on weapons placed on Jonathan’s government by Britain under whose sphere of influence Nigeria is. Prior to the West’s interloping on Crimea, no one agreed to sell weapons to Jonathan; even a black market deal via South Africa, was bursted.

In the event the West succeeds in snatching Ukraine off the sphere of interest of Russia, they will have created a bull in a China shop that may be ready to go down with everything. Russia and China will cease to respect the sphere of influence European nations arrogated to themselves. The implication is that they will politically interfere in nations otherwise left for Britain, France and co. That may just be what is needed to break free from the bondage of the quasi independence of African nations.

In the event of such, will African nations seize it? Or will our leaders choose servitude so that they can always have where to borrow money to embezzle?

Are you a business man or woman whose business is not moving fine? Before you begin to think of going to the village to pay someone to start boiling pot (oke-ite) for you, have you thought of re-planning and re-strategizing your business, studying the economic policies of your country of abode and the legal challenges in order to know their effects on your business?

Before setting up your own oke-ite, have you thought of speaking with and listening to your customers? Have you thought of acquiring more marketing skills through offline or online business trainings? Have you thought of marketing your goods online or being creative with your adverts? Have you thought of examining your customer care attitude and principles?

Have you checked if you need to rebuild trust? Some of us are untrustworthy and can lie for Africa. How can your business grow when business partners cannot trust you and when you hardly keep to promises? Before you begin to do oke-ite have you checked if really business is your calling? Or do you think that business is just about buying goods and displaying them? Not everyone can do business and not everyone can be a C.E.O, oga or manager of a business.

Business is about planning, strategizing and maneuvering through challenges and problems. It has nothing to do with magic, sorcery and banking on luck. What you get is what you put in. It is a physical and not a spiritual exercise. It is silly to believe that to resolve business challenges that what you need to do is to visit your village and ask someone to start boiling pot for you. The same is applicable to those who think that paying of tithe or sowing of seed in a Church can open economic doors.

None of the values you enjoy today was built by sorcery or magic but through hard work and perseverance. Even the language you speak today was not developed by the boiling of pots but though hard work. Imagine what the society would become if everyone decides to solve his or her problem today through oke-ite? Imagine that every doctor, teacher, mechanic, carpenter, priest or hotelier begins to set up his or her own oke-ite?

Do you think that there would have been any school, university or research centre today if oke ite was ever used in solving any single human problem? How many pots did the Chinese and Americans boil to make their nations the economic hubs of the world today? Did our forefathers solve any of their economic problems through oke-ite?

Do we even realize the long-term effect that such nasty and imbecilic mentality will have on the psyche of the society and the citizens? The Igbo race did not become one of the most business-inclined tribes on earth by sorcery and magic but by diligence and hard work. The history of evolution makes it clear that the human intellect develops faster by solving problems. What will be the situation of our intellect in years to come if we all take to oke ite? Of course, we shall end up as morons and imbeciles?

I will leave you with one of the wise sayings of our Igbo forefathers: “ihe amuru amu ka ihe agworo agwo.” (A skill mastered by training is far better than a quick-fix medicine.)

Fr Angelo Chidi Unegbu

•‘Getting contest from elite to platinum level by 2024 our top priority’ – Governor

•Dr. Hamzat, Sport Minister, Edo Deputy Governor take part in marathon

At the exactly 8:03am on Saturday, Lagos State Governor Babajide Sanwo-Olu crossed the finish line of the Access Bank Lagos City Marathon, ceremonially becoming the first athlete to breast the final ribbon.

Ethiopia’s runner, Ulfata Deresa, finished the 42-kilometre-long race 11 minutes after the Governor’s arrival and became the winner of the marathon’s 7th edition in the male category. He set a new finish time record of 2:11:58 and clinched $30,000 cash prize.

Sanwo-Olu took off from the State House in Marina, jogging through highways to Eko Atlantic City; he covered 8km distance in 40 minutes.

The Governor teamed up with his deputy, Dr. Obafemi Hamzat, Minister for Sport and Youth Development, Mr. Sunday Dare, Deputy Governor of Edo State, Comrade Philip Shuaibu, Lagos Head of Service, Mr. Hakeem Muri-Okunola, Chairman of Lagos State Sports Commission (LSSC), Shola Aiyepeku, and LSSC Director-General, Gafaar Bolowotan, among other top functionaries, to participate in the symbolic flag-off.

The marathon is an elite-labeled athletic fiesta held in second weekend in February of every year in Lagos and draws participation from local and international teams in the athletic ecosystem. It kicked off at 6am.

Sanwo-Olu said the event had consistently placed Lagos on the global radar, noting that the sporting fiesta had become a yearly ritual for athletes.

The Governor said the marathon embodied the spirit of Lagos, which teaches endurance, perseverance and resilience while toiling through physical strength.

He said: “One of the objectives of this event is to put Lagos on a global platform in the area of sport. Every year, new records are broken and the marathon gets bigger and better. As a Government, we are fully committed to sustaining this noble initiative and leading from the front to ensure that all participants, especially, our youths, get the best from this event.

“I acknowledge the great work which Access Bank and all other sponsors have put in to make this edition a success. The goal of the marathon is to use sport as a tool to promote physical fitness, togetherness, resilience and every virtue that can make human beings progress and live fulfilling life. This is the strongest rallying point for our youths and next edition would be better than what we have had this year.”

Sanwo-Olu pledged his Government would be relentless in raising the status of the marathon to a platinum-labeled event to attract more participants beyond Africa.

This, the Governor said, would open up the State’s economy for more foreign investment and boost tourism revenue for operators in the sector.

Sanwo-Olu said the decision of Kenyan Airways, a global aviation brand, to be part of the sponsors of the event this year indicated that the marathon would bring more tourism opportunities for Lagos if attained platinum level.

“We target the next two years to get this marathon to the platinum level, which means the event would be fully globalised. When this is achieved, every second weekend in February becomes calendarised for this marathon and Lagos would become a place to be and a destination for all sport enthusiasts,” the Governor said.

Presenting the prizes to the winners, Sanwo-Olu encouraged participants from Nigeria to brace themselves for first prizes in the next year’s edition.

Two Kenyans, David Barmasai and Naibe Emmanuel, finished as first and second runners-up in the male category, at 2:13:27 and 2:14:42 respectively. They got a cash prize of $20,000 and $15,000.

In the female category, Ethiopian marathoner, Dagne Siranesh Yirga, won the race at 2:33:50. She received $30,000 cash prize.

Alemenesh Herehaguta and Naomi Maiyo, both Kenyans, won $20,000 and $15,000 as first and second runners-up in the female category.

The President of the Republic of Liberia, Dr George Manneh Weah has conferred the award of “Distinguished Service Order of the Republic of Liberia” on some senior officers of the Nigerian Army(NA) in recognition of their outstanding contribution to the growth and development of the Armed Forces of Liberia (AFL). He made the presentation during the 65th Armed Forces of Liberia Day Celebration held on Friday, 11 February 2022 at the Barclay Training Centre, Camp Johnson Road, Monrovia, Liberia.

While presenting the award, President Weah stated that at every celebration of the Armed Forces of Liberia Day, the government recognizes and awards the” Distinguished Service Order” to individuals whose outstanding contribution have significantly impacted on the growth and development of the Armed Forces of Liberia, the nation and humanity. The President stated that “As the Commander-in-Chief of the Armed Forces of Liberia, it is pleasing to duly recognize and congratulate this year’s Distinguished Service Order Award recipients. “The award is in recognition of their Service to Liberia, which has brought honour upon these gentlemen officers” he added.

The awardees also got a letter of commendation from the Nigerian Ambassador to the Republic of Liberia, Ambassador Godfrey Anichebe Odudigbo for making Nigeria proud.

Receiving the awards and letters of commendation on behalf of the recipients, Colonel Gbenga Sunday Oyinwola expressed gratitude to the President, Commander-In-Chief of the Armed Forces of Nigeria, Muhammadu Buhari and the Chief of Army Staff, Lt Gen Faruk Yahaya for the opportunity to have served Nigeria in their various capacities. He stated further that the award will motivate the recipients to be more productive in their service to the NA and the Nigerian nation.

The award was conferred on the senior officers, who were seconded to the Armed Forces of Liberia (AFL) at different times, as part of ECOWAS Advisory Training Team. They contributed immensely to the building and restructuring of the new AFL.

The officers who benefitted from the awards are, Colonels Aminu Usman Gumel, Gbenga Sunday Oyinwola, Emmanuel Chukwu, Ismaila Sule and Lieutenant Colonel Abdulkadir Abubakar. Other awardees were drawn from Ghana, Sierra Leone, Liberia and the USA.

Leading pan-African fintech enablement partner, Ukheshe Technologies, has significantly improved its Broad-Based Black Economic Empowerment (B-BBEE) performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.

As one of the first fintechs to attain a Level One score, Ukheshe joins a select handful of companies in the financial services sector to achieve South Africa’s highest transformation rating.

This, coupled with Ukheshe’s remarkable growth – having concluded over 60 enterprise partnership deals in 2021 – has prompted additional investment into the company as it continues to deliver its ecosystem of solutions in key African locations and other emerging markets.

Ukheshe’s solid growth and B-BBEE score improvement demonstrates notable success in accomplishing significant transformation at ownership level and unlocking opportunities for black South Africans in its employment, supply chain and contribution to the community. The accomplishment also underscores Ukheshe’s constant drive for tangible ways to increase B-BBEE participation and empowerment in the public sector while creating a more inclusive, sustainable digital economy for everyone.

Ukheshe has also officially announced that Mahlwane Magale, the company’s Head of Financial Operations, will take up a director position on Ukheshe’s board. Since joining the company in November 2020, Magale has demonstrated steadfast commitment to Ukheshe’s values and growth. Magale is an Allan Gray Fellow, former Management Consultant and Private Equity Investment Professional and is passionate about financial services and the ways it can power financial inclusion.

Clayton Hayward, CEO of Ukheshe, comments, “Since its inception Ukheshe has proudly championed economic and social transformation and will continue to make empowerment a priority. Attaining a Level One B-BBEE score is testament to Ukheshe’s role as responsible corporate citizen committed to doing the right thing. To be one of the first fintechs to reach this significant milestone is a proud moment for the company, especially as we focus our efforts at democratising digital financial services across the African continent.”

Prins Mhlanga, CEO of Ocean on 76 Group, early investor, and shareholder in Ukheshe has confirmed an increased stake in Ukheshe Technologies following its consistent and impressive growth over the previous 12 months and its immense potential.

Says Mhlanga, “Like-minded investors have seen excellent growth within the company. Ukheshe’s efforts in entrenching itself as a leading African fintech enabler have produced significant results and both its immediate and long-term prospects are incredibly exciting. The company’s transition to Level One certification is just the latest development to showcase Ukheshe’s aptitude for supporting its customers and employees in any environment in which they operate.”  

From a South African startup to pan-African fintech, Ukheshe is at the forefront of innovation within the African payments industry. It is a KPMG Tech Innovator Runner-up, Ecobank runner-up, SARB fintech winner, runner up at the Singapore Fintech festival, and cohort member of Catapult Inclusion Africa. It is a Global Mastercard Engage partner, making it part of an elite group of only 29 companies globally.

The need to give back to the society has always been the hallmark of Christianity and the peak of humanity. Having said this, the people of Akwa Ibom State, located in the Niger Delta creeks of Nigeria have been witnessing an uncommon charity and donation for almost a decade. A non-governmental organization (NGO) Glorious Life Foundation powered by A TOUCH OF GREAT GLORY INTERNATIONAL MINISTRIES, UYO, Akwa Ibom State has been in the business of touching the lives of the less privileged in the state especially the orphans and widows.

Speaking to the media, the founder and the General Overseer of by A TOUCH OF GREAT GLORY INTERNATIONAL MINISTRIES, UYO, Prophet Peter Daniel said “our widow’s empowerment are done in all parts of the state from Ikot Ekpene to Oron. I, my wife and my staff do share these things. We are extending this charitable work from Nigeria to other part of Africa demonstrating the love of Christ by our giving as led by God. Recently, we empowered over two thousand people, gave some wrappers, foods and supported some who cant send their kids and grand kids to school. We have tried within our capacity to provide for them”. Millions and millions is been put into it to ensures people are fed and we are not discriminating, we have Muslim brothers and sisters that also benefited from our foundation. Apart from giving them food, we also support them with money.

On the need for other people to join them, Amb Peter Daniel said “we are using this to preach the gospel and we are calling on good Nigerians to stand by us and contribute to the upliftment of the down trodden in the society. We are appealing to people of goodwill and good mind to partner with us so as to make this project easy for us to be able to reach out to the poor”.

Looking at the economy situation of the country, there is so much hunger in the land and one of the reasons why we are faced with unforeseen issues like insecurity, bandits, kidnapping, etc. is because of lack of what to eat. In his words ” Once you are hungry, you will be tempted to do what you have not wanted to do”. That is why I and my foundation decides to do the little we can to put smiles on the faces of this downtrodden and we have been doing this for the past nine years.

Prophet Peter Daniel is a God-fearing man whose focus and mandate is to zero out hunger Not only from Akwa Ibom state but also in Africa with the help of the holy spirit and touching the lives of people globally. Above all, Amb Peter Daniel reiterated that he needs prayers from believers all over the world because philanthropist work needs heart. You may have the money and not have the heart for the poor. I have the heart to give to the poor but have limited capacity to do it to the extend of what I have in my hand. I need prayers for God’s provision and open doors.