so in 2015 I had a personal experience it was on Twitter actually someone
it was on Twitter actually someone
it was on Twitter actually someone posted a picture that went viral someone
posted a picture that went viral someone
posted a picture that went viral someone is able to save up three hundred and
is able to save up three hundred and
is able to save up three hundred and sixty five thousand there for the entire
sixty five thousand there for the entire
sixty five thousand there for the entire how was this person able to do it person
how was this person able to do it person
how was this person able to do it person was able to put aside one thousand every
was able to put aside one thousand every
was able to put aside one thousand every day for 365 days and I was interesting
day for 365 days and I was interesting
day for 365 days and I was interesting to everyone of us I mean it was so
to everyone of us I mean it was so
to everyone of us I mean it was so fascinating because it’s something I had
fascinating because it’s something I had
fascinating because it’s something I had personally tried in the past but I was
personally tried in the past but I was
personally tried in the past but I was not able to get through with it I mean
not able to get through with it I mean
not able to get through with it I mean this was so interesting that actually
this was so interesting that actually
this was so interesting that actually ordered myself a savings box P 2509 for
ordered myself a savings box P 2509 for
ordered myself a savings box P 2509 for it
it
it I was going to start to save next year
I was going to start to save next year
I was going to start to save next year but then I told myself that okay what
but then I told myself that okay what
but then I told myself that okay what happens when one three comes and then I
happens when one three comes and then I
happens when one three comes and then I bricked this box and then and I can’t
bricked this box and then and I can’t
bricked this box and then and I can’t afford to you know continue saving and
afford to you know continue saving and
afford to you know continue saving and then I noticed that okay there are so
then I noticed that okay there are so
then I noticed that okay there are so many millions of young people out there
many millions of young people out there
many millions of young people out there who have this difficulty in actually
who have this difficulty in actually
who have this difficulty in actually managing their finances properly I’ll
managing their finances properly I’ll
managing their finances properly I’ll give you an example let’s take the
give you an example let’s take the
give you an example let’s take the average young person as Linda so Linda
average young person as Linda so Linda
average young person as Linda so Linda is 28 years old she works in the good
is 28 years old she works in the good
is 28 years old she works in the good company and the first salary she has
company and the first salary she has
company and the first salary she has plans to start her own business in the
plans to start her own business in the
plans to start her own business in the next five years and interior decor
next five years and interior decor
next five years and interior decor business but and she has three main
business but and she has three main
business but and she has three main problems one to the bats and she spends
problems one to the bats and she spends
problems one to the bats and she spends recklessly on frivolous things sue she
recklessly on frivolous things sue she
recklessly on frivolous things sue she cannot just completely blindfolded two
cannot just completely blindfolded two
cannot just completely blindfolded two investment opportunities around her that
investment opportunities around her that
investment opportunities around her that even when she has little cash she
even when she has little cash she
even when she has little cash she doesn’t even know what to invest the
doesn’t even know what to invest the
doesn’t even know what to invest the funds in and three she won’t start a
funds in and three she won’t start a
funds in and three she won’t start a business but she doesn’t know how to get
business but she doesn’t know how to get
business but she doesn’t know how to get cash now when you look at the digital
cash now when you look at the digital
cash now when you look at the digital financial space and Andrea what what is
financial space and Andrea what what is
financial space and Andrea what what is obtainable in terms of savings today a
obtainable in terms of savings today a
obtainable in terms of savings today a lot of people actually open multiple
lot of people actually open multiple
lot of people actually open multiple bank accounts and transfer funds every
bank accounts and transfer funds every
bank accounts and transfer funds every month into their account and purposely
month into their account and purposely
month into their account and purposely don’t collect ATM cards for that for
don’t collect ATM cards for that for
don’t collect ATM cards for that for those accounts some people actually do
those accounts some people actually do
those accounts some people actually do what you call a draw or is to sue that’s
what you call a draw or is to sue that’s
what you call a draw or is to sue that’s very common as an age long tradition and
very common as an age long tradition and
very common as an age long tradition and you know these things are very very very
you know these things are very very very
you know these things are very very very common when it comes to lending
common when it comes to lending
common when it comes to lending you know it’s it’s very very difficult
you know it’s it’s very very difficult
you know it’s it’s very very difficult the banks are not lending to us you and
the banks are not lending to us you and
the banks are not lending to us you and I there
I there
I there to corporates or the government’s I mean
to corporates or the government’s I mean
to corporates or the government’s I mean Treasury rates are very very high today
Treasury rates are very very high today
Treasury rates are very very high today and some of us I haven’t taken advantage
and some of us I haven’t taken advantage
and some of us I haven’t taken advantage of it and when it comes to spending
of it and when it comes to spending
of it and when it comes to spending that’s a thought thing you know the
that’s a thought thing you know the
that’s a thought thing you know the average young person wants to do you
average young person wants to do you
average young person wants to do you know that Nigeria is still largely a
know that Nigeria is still largely a
know that Nigeria is still largely a cashless society
cashless society
cashless society merchants are still finding it very
merchants are still finding it very
merchants are still finding it very difficult to accept new technologies and
difficult to accept new technologies and
difficult to accept new technologies and this is a showing and what you know
this is a showing and what you know
this is a showing and what you know happens and the last thing is she wants
happens and the last thing is she wants
happens and the last thing is she wants to be able to invest right so we had
to be able to invest right so we had
to be able to invest right so we had about what happened last year in terms
about what happened last year in terms
about what happened last year in terms of Ponzi schemes and how it affected the
of Ponzi schemes and how it affected the
of Ponzi schemes and how it affected the economy
economy
economy I mean CBN puts that numbers saying that
I mean CBN puts that numbers saying that
I mean CBN puts that numbers saying that you know there were over 12 billion who
you know there were over 12 billion who
you know there were over 12 billion who was lost in the process and that was
was lost in the process and that was
was lost in the process and that was that was that was horrible because the
that was that was horrible because the
that was that was horrible because the average young person does not know what
average young person does not know what
average young person does not know what to do or does not have a box um of a
to do or does not have a box um of a
to do or does not have a box um of a mount actually invest so the leads they
mount actually invest so the leads they
mount actually invest so the leads they have they want to quickly multiply it
have they want to quickly multiply it
have they want to quickly multiply it now who are making progress today you
now who are making progress today you
now who are making progress today you know on all fronts in terms of savings
know on all fronts in terms of savings
know on all fronts in terms of savings you have apps today that can help you
you have apps today that can help you
you have apps today that can help you automate your savings easily could use
automate your savings easily could use
automate your savings easily could use to save daily weekly or monthly
to save daily weekly or monthly
to save daily weekly or monthly automatically and they’re absolutely
automatically and they’re absolutely
automatically and they’re absolutely that helps you access credit you know in
that helps you access credit you know in
that helps you access credit you know in less than five minutes without
less than five minutes without
less than five minutes without collateral you know there are apps today
collateral you know there are apps today
collateral you know there are apps today that help you pay bills you know buy a
that help you pay bills you know buy a
that help you pay bills you know buy a time pay for your PhD and bills all
time pay for your PhD and bills all
time pay for your PhD and bills all those other things very easy there are
those other things very easy there are
those other things very easy there are companies today who are attacking
companies today who are attacking
companies today who are attacking payments I mean we just had recently
payments I mean we just had recently
payments I mean we just had recently that you know one of them is currently
that you know one of them is currently
that you know one of them is currently helping over 4,000 merchants accept 1.3
helping over 4,000 merchants accept 1.3
helping over 4,000 merchants accept 1.3 billion in terms of transactions every
billion in terms of transactions every
billion in terms of transactions every month that is interesting a lot is
month that is interesting a lot is
month that is interesting a lot is happening in the space you know so
happening in the space you know so
happening in the space you know so looking ahead
looking ahead
looking ahead Linda five years from now Linda is
Linda five years from now Linda is
Linda five years from now Linda is probably like 33 years old what do we
probably like 33 years old what do we
probably like 33 years old what do we want to see we’re looking at platform
want to see we’re looking at platform
want to see we’re looking at platform synergies where you know a savings
synergies where you know a savings
synergies where you know a savings platform can synergize with lending
platform can synergize with lending
platform can synergize with lending platform to say that okay because Linda
platform to say that okay because Linda
platform to say that okay because Linda has demonstrated you know a good savings
has demonstrated you know a good savings
has demonstrated you know a good savings culture she can actually access credits
culture she can actually access credits
culture she can actually access credits or because Linda started her business
or because Linda started her business
or because Linda started her business online so she can demonstrate a good
online so she can demonstrate a good
online so she can demonstrate a good sales record and she can also access
sales record and she can also access
sales record and she can also access credits is there any things we’re
credits is there any things we’re
credits is there any things we’re looking at here the form of speaker
looking at here the form of speaker
looking at here the form of speaker talked about you know AI and machine
talked about you know AI and machine
talked about you know AI and machine learning today using your facebook chat
learning today using your facebook chat
learning today using your facebook chat bot you can actually buy a time this is
bot you can actually buy a time this is
bot you can actually buy a time this is the future this what we’re looking at
the future this what we’re looking at
the future this what we’re looking at you know very interesting stuff you know
you know very interesting stuff you know
you know very interesting stuff you know to conclude to wrap up I’d say you know
to conclude to wrap up I’d say you know
to conclude to wrap up I’d say you know what digital is often seen as disruptive
what digital is often seen as disruptive
what digital is often seen as disruptive you know
you know
you know there are still a lot of opportunities
there are still a lot of opportunities
there are still a lot of opportunities in every transformational phase right
in every transformational phase right
in every transformational phase right and what begins an ear and inflection
and what begins an ear and inflection
and what begins an ear and inflection points where the availability of digital
points where the availability of digital
points where the availability of digital products is much more cheaper so this
products is much more cheaper so this
products is much more cheaper so this doesn’t the business online is very very
doesn’t the business online is very very
doesn’t the business online is very very very easy the barrier to entry is very
very easy the barrier to entry is very
very easy the barrier to entry is very low there are people who record more
low there are people who record more
low there are people who record more transaction on Instagram that they
transaction on Instagram that they
transaction on Instagram that they record on e-commerce websites today so
record on e-commerce websites today so
record on e-commerce websites today so I’d say you know there’s a lot of
I’d say you know there’s a lot of
I’d say you know there’s a lot of opportunities out there and as young
opportunities out there and as young
opportunities out there and as young people there I believe we should be
people there I believe we should be
people there I believe we should be taking advantage of advantage of these
taking advantage of advantage of these
taking advantage of advantage of these opportunities thank you very much
”
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