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How DABA is leading young people to gain financial freedom from the Crypto market

DABA has enriched youths with digital skills like crypto education and trading, and enabled them to accumulate wealth.

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Weeks ago, in another appalling display of highhandedness and ignorance, the Nigerian government gave a directive prohibiting financial institutions from engaging in cryptocurrency transactions. The news ruffled the Nigerian crypto space briefly before business continued as usual. However, the unpalatable news was a reminder and a revelation. A reminder to crypto users that cryptocurrency’s original objective was to enable flexible transactions without having traditional financial institutions in the picture. A revelation that young people (can) legitimately attain financial freedom without being choked by government bottlenecks.

Leading this movement of financial freedom is DABA: a company committed to empowering African youths through digital education. It is an online learning platform that enables people and organizations from across Africa (and other parts of the world) learn high-income, in-demand digital skills. Since its creation by Chris Ani, a visionary and radical change agent in the African digital and financial space, DABA has recorded massive impact and results within two years of its creation. The platform has enriched youths with digital skills like crypto education and trading, and enabled them to accumulate wealth.

Stories of DABA’s impact abound. Blessing, a graduate of the University of Port Harcourt made over 1 million naira in 30 days from crypto trading. She had less than $100 when she opened her Binance account. But one day on the WhatsApp group, she learnt of the Uniswap airdrop. She followed the procedures and was rewarded with $1,300. That money became her trading capital. And in less than a month, she grew that capital to $2,500.

Another beneficiary of the crypto space is Smart. Smart used two DABA courses as ladders for financial success. Like Blessing, he also received the airdrop reward and made profits from trading. He used these profits—coupled with the strategies he got from DABA’s WhatsApp Monetization Course—to set up a poultry farm. As of November 2020, Smart no longer sold chickens in single units but made bulk sales of at least 50 units. He has become one of the biggest suppliers of chickens in Nnewi, Anambra State, Nigeria.

What about Amos, who was wrecked by Forex but got saved by crypto? He started trading with a capital of $40, which he later increased to 400 dollars. And in 60 days, he made over $1000 in profits and recovered all his Forex losses. With these profits, he renovated his parents’ house and also bought his first land.

Or should we talk about Tomilola, who learnt how to be both an OTC and exchange trader from DABA? His first profit as an OTC trader was ₦100,000, and from that sum, he increased his Binance portfolio. Between August and October 2020, Tomilola made over ₦600,000 as an exchange trader, besides OTC trading profits. Today, he has a fish farm and is looking to invest in real estate.

Eso Benedict is a married man with kids who first heard about Bitcoin in 2017. Unfortunately, in 2018, he faced a financial challenge in which he lost everything—including his cryptocurrencies. That event marked the beginning of his hiatus in crypto trading till he came across Chris Ani’s Facebook post in 2020. After much contemplation, he joined DABA in July 2020. From the signals he received from Chris and DABA crypto team, he made profits between 70 – 130% to the tune of 2.5 million naira just within five weeks of joining the school. He just recently changed his car in February.

The stories are numerous. There is Kingsley, who received a loan of $1000 from a friend to purchase DABA’s crypto course. He used $800 as his trading capital and, in no time, grew his portfolio to $6,000. There is Tochukwu, who made $10,000 within a month of being in the crypto space. There is also Moses, who was able to grow his $250 portfolio to $1500. There are the likes of Shonub, Mula and Eso Benedict, who have bought lands, bought cars, built houses, and made their loved ones happy since they became investors and traders in the crypto space.

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These names and many others are breaking barriers and are enjoying new levels of financial transformation. They are united by a common saviour: DABA. Anybody can be part of this life-changing platform by first downloading the DABA app on Google Playstore or Apple Store. This gives the student access to a myriad of courses—from the Trade and Make Money course to the Cake Baking and Decoration course. Enrolling in any of the courses gives the student access to an online community where they get continuous guidance from course facilitators and interact with other students.

Students of the crypto course receive access to an online community and a signal room to receive trading signals from Chris Ani and the DABA crypto team. These signals guide them on the assets to buy and the best entry and exit points for trading these assets. In the traders’ chat room, students receive further guidance and information on portfolio risk management, market trends, company news, etc.

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The crypto market equips young people and gives them the opportunity to earn—even in foreign currencies. The market gives them the medium to participate and contribute to the global economy through job creation.

But all these wouldn’t have been possible if these young people haven’t harnessed DABA as a veritable platform for wealth creation. The platform that held them by the hand and walked them through the road to financial freedom. The platform that helped them reclaim the power to choose a better life in a country that constantly rids one of this power.

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    Content Partners

    AXA Mansard records 56% growth in profits after taxes audited

    According to the company, investment and other income of N7.09 billion, up 25 per cent from5.67 billion.

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    AXA Mansard to downsize business activities, awaits shareholders’ approval 

    AXA Mansard Insurance Plc, a member of the AXA Group, has recorded 56 percent growth in profit after taxes audited of N4.54bn, up 56% from N2.91bn in December 2019

    In a statement by the company, gross written premium of N47.58 billion, up 9 per cent from N43.62 billion while Net Premium Income of N31.72 billion, up 21 per cent from N26.29bn in December 2019

    According to the company, investment and other income of N7.09 billion, up 25 per cent from5.67 billion; operating expenses of N7.7 billion, up 3 per cent N7.51billion, while profit before tax of N6.04 billion, up58 per cent from N3.83 billion recorded in December 2019.

    Commenting on the results, Mrs. Ngozi Ola-Israel, the Chief Financial Officer said. “It was a challenging year, but we achieved strong growth in PAT (56%) and Underwriting profits (22%). We managed operating costs at a low level of growth of3% despite COVID headwinds and inflation. We remain committed to delivering excellent underwriting, investment and operating performance while focusing on the satisfaction of our customers and stakeholders.

    Speaking on the financial development of the firm at the end of December 2020, the Chief Executive Officer, AXA Mansard Insurance, Kunle Ahmed, said “The 2020 full Year financial record is a proof of our ability to continually support customers to achieve their goals even in the midst of difficult and challenging times.

    “With the support of our partners and through the harnessing of our distribution network, we achieved remarkable growth on our Health and P & C lines throughout the year. We are pleased that our continued effort to build a resilient non-bank financial services institution is yielding positive results”

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    FirstBank launches a new corporate website, reiterates its commitment to service delivery excellence

    The new website is upgraded with features that are streamlined to reinforce its role in delivering seamless banking and technology solutions.

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    First bank, Dr. Adesola Adeduntan, CEO, FirstBank

    FirstBank, Nigeria and indeed West Africa’s premier financial inclusion services provider has announced the launch of its newly designed website at https://www.firstbanknigeria.com/.  The new website is upgraded with features that are streamlined to reinforce its role in delivering seamless banking and technology solutions to its customers across the world.

    The website is configured with modern design and improved functionality that eases customer experience whilst carrying out various activities on the site, including electronic banking. Non-customers are also able to open an account, putting them at an edge in the industry as they establish a relationship with the Bank that puts YOU, its customers, First.

    The new website seamlessly adopts a fresh, magazine-style look and feel for easy navigation in order to promote the access to essential information for its customers, FirstMonie agents, prospective agents and the public. This upgrade also guides one to make well-informed decisions about one’s personal, business and private financial needs.

    Dr. Adesola Adeduntan, CEO of FirstBank Group, while speaking on the launch of the New Corporate Website, said that “as one of the key contact points to existing and potential customers, the Bank’s website remains a gateway to our business, supporting our unique value propositions and financial services solutions. As such, we are committed to continuously improve the overall user experience through intriguing content quality, exciting features and ease of navigation’’.

    He further noted that “the Bank’s new website will be updated on a regular basis with exciting features that will continue to reinforce the Bank’s resolve to promote digital customer interactions and transactions across our virtual touchpoints and platforms’’.

    Concluding, he remarked that ‘’the website will also serve as a financial services library that will keep customers and the public abreast of various financial services solutions and offerings, thereby helping them to improve their economic and social wellbeing’’. He encouraged everyone to explore the website and follow the Bank’s social media pages for updates.

    FirstBank has continued to evolve over the years, successfully adopting the latest technology and embracing innovation in its quest to be African’s bank of first choice.

    About FirstBank

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    First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading financial inclusion services provider in Nigeria for over 126 years.

    With over 750 business locations and over 86,300 Banking Agents spread across 99% of the 774 Local Government Areas in Nigeria, FirstBank provides a comprehensive range of retail and corporate financial services to serve its over 30 million customers. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

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    The Bank has been handy at promoting digital payment in the country and has issued over 10million cards, the first bank to achieve such a milestone in the country. FirstBank’s cashless transaction drive extends to having more than 10million people on its USSD Quick Banking service through the nationally renowned *894# Banking code and over 4.5 million people on FirstMobile platform.

    Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

    FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years. Our brand purpose is always to put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of the first choice in building your future”.

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    Our brand promise is always to deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

    www.firstbanknigeria.com

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