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How To Avoid Embarrassment Because You’re Broke By Saving Money

Gudtalent Chrisent



how sumotrust can save you of money embarrassment

How SumoTrust Can Save You From The Embarrassment of Being Broke

During the lockdown, a lot of Nigerians ran into financial distress and the majority of the people went into debts.

In fact, some people searched around for who to borrow money from but couldn’t get and ended up with a ‘SEE FINISH SITUATIONS’.

Here is the thing, while people complained bitterly about no money and all, a lot of other people that had good savings in the bank or savings platforms like SumoTrust; fell on their savings for backup and emergency funds and were never put to shame of any sort that has to do with money.

Debt is bad and you try to avoid it at all cost unless it’s business.

This is why you should give a second thought about your savings culture especially if you can’t boast of N100k in your savings account right now.

Let me let introduce you to SumoTrust.

Sumotrust savings and investment platform in nigeria

SumoTrust is a secure savings and investment platform helping Africans build wealth through micro-savings and investment.

You earn as much as 10-15% interest for every penny you save with SumoTrust and you can automatically save as little as N100 daily. See it as your digital Akawo or Ajo that people go round every day collecting their daily contributions from customers in the market areas.

It is very secure and you can make transfers as we all money requests.

The platform is very flexible, easy to use, and highly secure with thousands of people already using that platform to reach their financial goals. This is something you should pause a moment and give a thought or make a research about it.

Related: Top Online Savings Platform In Nigeria

You can check out the reviews of SumoTrust on Google Playstore or Apple store here and see what other people that have been using the platform are saying.

There is no honor in being broke the least person you expect to embarrass you will do at the slights opportunity, not because they hate you but something that just happens when you’re broke.

There are tons of time we come across money and other times, run into emergency situations that make us spend money.

The difference in how you respond to both situations is how you manage to save up enough money in times of plenty against times of emergency.

This is one of the reasons why SumoTrust is here for you and you should take it seriously.

All the best.



I'm that Lazy and controversial entrepreneur, Popularly known for my Quora Secrets. Founder and CEO of SumoTrust, Motute and CrowdFacture. Read about my Bio at personal website. Connect with me on Facebook, Twitter, Google, Linkedin and Instagram.


Top 10 Online Savings Platforms In Nigeria 2020 With High Interest Rate

Gudtalent Chrisent



money-making businesses and online savings platforms

10 Best Online Savings Platforms In Nigeria That Pays Higher Interest Rates

The need for savings especially among young Nigerians who are left to fight their way to financial freedom through the little money they earn from various sources cannot be overemphasized. We all know that commercial banks are the most popular choices for savings aside contribution and thrift schemes that mostly go on in rural areas of Nigeria, although there are now online daily contribution platform that helps automate your savings process without having to incure the risk of giving a local daily contribution collector your money.

Even though the two major reasons of saving money in digital savings platforms in Nigeria is to raise some money over a savings period and earn interest in your money, Nigerian banks seem to perform poorly are regards to interest, infact, they take from customers.

These and some other reasons have led to the emergence of other digital savings platform in Nigeria that helps Nigerian savers to save money and earn high-interest rate than commercial banks.

According to a one-stop comprehensive reference for international financing and investment, — the interest rate for savings accounts in Nigeria can be up to 3.6% (as at June 2018). This is way much small when compared to how much interest rate banks charge for a loan which is as high as 19% and 22% for personal loans.

Read: 10 reasons why you must start saving

Even though the banks have other packages (Like fixed deposit) that offer higher interest rates, these 10 digital savings platforms mentioned in this article are dedicated to paying a higher interest rate on savings than banks.

Are you looking for

  • where to save money in Nigeria and get higher interest payout
  • how to manage and save money in Nigeria
  • best bank to save money in Nigeria
  • how to save money every month in Nigeria
  • how to save money from Salary in Nigeria
  • best digital savings platforms in Nigeria this year
  • best online savings platform in Nigeria

Then, this article if for you. Below are;

Top 10 Online Savings Platforms In Nigeria

  1. SumoTrust

Sumotrust savings and investment platform in nigeria

SumoTrust is an online savings platform that helps you save and invest money automatically. The platform is targeted to Nigerians and pays 10-15% interest Annually. Sumotrust as one of the best online savings platform in Nigeria comes with lots of interesting features.

One of the good features that made SumoTrust number one on this list is its high taste for customer’s account security. Even if your Sumotrust account gets hacked, the hacker won’t be able to change your bank details and withdraw your money, a KYC form will be needed to be submitted before the approval to change bank details can be given. Sumotrust as the best digital savings platform also uses a powerful blockchain security protocol to protect accounts that has it activated.

It is also on a quest to raise 1 Million African entrepreneurs in partnership with Entrepreneur Platform to access discounted-free Online Business Academy for its users and African business forum to collaborate and work with like minds in building better and sustainable businesses.

With Sumotrust, you also get access to various business leaders in different industries at discounted fees (for business consultations) to help you grow and scale your business.

Even though you can use Sumo Trust to save for any reason (Business, travel, school, emergency funds, school fees, shopping, property, etc) it’s core value is tailored to helping young Africans build wealth with little efforts.

Sign up and start saving with Sumo Bank at

  1. PiggyVest

piggyvest and sumotrust are secure savings platforms

PiggyVest just like Sumotrust is an online and mobile app savings platform poised to helped young Africans save money automatically. With PiggyVest, you enjoy flexibility savings which allow you to save daily, weekly or monthly. Users on PiggyVest can save towards a specific target or choose to place a withdrawal restriction on the account. There’s is a limit to the amount of money that can be saved on one’s account at a time.

On the PiggyVest digital savings platform, there is an allowance for 4 free-of-charge withdrawals annually which comes quarterly, (the last day of every quarter). You can as well choose your own free withdrawal dates and withdrawals outside these 4 days attracts a service charge of 5% withdrawal fee.

You can also use the Piggyvest app as one of the online investment platforms in Nigeria

  1. CowryWise

Cowrywise savings platform

CowryWise is another saving and investment platform that pays higher interest rates. You can also access loans on the CowryWise platform. A high saving score increases the chances of getting a loan on CowryWise. The online savings platform pays 10-15% Interest annually and it’s paid on a daily basis to you account.

  1. Alat

Alat by wema bank savings platform

ALAT by WEMA is the first fully digital banking experience, not only offers you basic banking services but also allows you to pay bills through the Alat platform. The bank’s debit card is delivered to the account holder’s address at no cost.

Note: Just like with traditional banks, ALAT charges you a monthly debit card maintenance fee.

Also, the interest of 4.2% is paid to a user on the condition that you do not withdraw more than 3 times a month. ALAT has some savings plans that offer up to 10% interest rate. One of it allows you to make withdrawal of 50% of your savings once in every 30 days while another doesn’t allow withdrawal.

Related: Best investment opportunities in Nigeria

  1. KoloPay

kolopay savings platform

The KoloPay Savings platform in Nigeria allows you to save money towards planned goals over a period of time. One remarkable feature with KoloPay is that you can’t withdraw some part of your savings, but can only withdraw the whole amount even before a goal’s due date.

The KoloPay platform allows you to share your savings goal with anyone (friends and family) and lets them help contribute to the achievement of the set target.

The KoloPay savings platform pays you 6% interest per annum.

6.  PayDay by ARM

PayDay savings platforms

PayDay by ARM allows you to create a savings goal and invests the fund on behalf of the savers in mutual funds account.

The online savings platform in Nigeria pays you 12.6% Interest rate. Minimum withdrawal is 1000 naira with a NEFT Withdrawal charges fee of ₦52.50.

You will need a debit card to fund your PayDay account, Investors attracts a 1% convenience charge from the card payment platform provider. The charge is capped at a maximum of ₦1,500

Related: Best investment banks in Nigeria

7. KudaBank

kudabank digital banking platform in nigeria

KudaBank (Formely KUDI Money) platform, is a digital banking platform for the free. they have savings-automation which is very convenient and accurate. Just like other savings platforms, yоu will also have to link your dеbіt account to your kuda bank account and set your savings plan ѕuсh аѕ daily, weekly or monthly. Once that has been done, Kudabank automatically deducts money from your bank account on the due date and сrеdіt your savings account оn аn interest rate that іѕ uр tо 10% per annum.

It is also secure and easy to use and can go a long way to help you put your spending under control.

There’s also a Kuda Bank Spend Account that works lіkе a current account which аllоwѕ you to withdraw аt аnу tіmе and there іѕ no minimum withdraw-able bаlаnсе.  But unlike your regular current account, уоu earn an interest оf 3% реr annum, accrued dаіlу оn your bаlаnсеѕ.

And about loan opportunity, Kudabank savings and spending account users are qualified tо enjoy low-interest loans.

Platforms supported: Android, iOS and Web

Intеrеѕt rаtе: Instant save – up to 25% interest per annum, Automatic savings – up to 10% per annum, Spending account – 3% per annum (with no limit on withdrawal)

Savings rеwаrdѕ: Nоnе

Iѕѕuеѕ debit card: Yes

Withdrawal charges: No

Mіnіmum withdrawal: Nоnе

How to fund: Manual bank deposit, debit card, and online transfer from banks.

Sign up and start saving with Kuda bank at

8. CashboxNG

cashbox and sumotrust are secure savings platforms

CashBox is a secure online savings platform that helps customers cultivate a healthy saving habit and also earn high interest on their savings. The platform helps users control when and how they save.

Platforms supported: Android, iOS and web

Intеrеѕt rаtе: up to 15% interest paid monthly.

Iѕѕuеѕ debit card: Nо

Withdrawal charges: non-free withdrawal dates

Mіnіmum withdrawal: Not clear

How to fund: Debit card and bank transfer.

Kindly read through the I-invest about page and signup at

9. I-Invest

i-invest investment website

The I-invest platform allows potential investors to purchase securities and treasury related instruments without the aid of a broker directly from their I-Invest app. The application also provides you with a good dashboard to track diverse investment portfolios, provides a convenient way for retail investors to save money whilst earning attractive interest rates from their investments and allows retail investors to help fund infrastructure projects in Nigeria whilst earning an income.

Platforms supported: Mobile – Android and iOS

Intеrеѕt rаtе: Your Interests depends on the I-invest standard rate and the investment portfolio you have selected at a time

Savings rеwаrdѕ: Nоnе

Iѕѕuеѕ debit card: Nо

Withdrawal charges: Not clear

Mіnіmum withdrawal: Not clear

How to fund: Debit card/Account must be linked to your bank account with a BVN.

Referral bonus: Each account has a referral link that can be used to invite family and friends.

Kindly read through the I-invest about page and signup at

The Rankings are based on my personal view and opinion which were picked from the following points below.

  • Interest payout
  • Value-added to users
  • Customer support
  • Trust

Let me know what you think in the comment section.

Related: How to save if you’re planning on buying a house



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TatCoin: All You Need to Know About ABIT Network and its Ecosystem in Brief – Press Release

Entorm Editor



tatcoin logo by abit network


The statistics shows that most Africans share the same experiences of poverty, just in different levels.

From Uganda to Cape Verd. from Lagos to Addis Ababa, hunger and stagnation, frustration and pain are essentially all same. you meet people every day who wake up beaming with joy believing that “today” is their day to make it. They go to bed praying and believing tomorrow will be better.

No country in Africa is better, or more enviable. we only have third world countries with third world problems and struggles. 

Why Decentralised solutions are needed for Africa’s development.

There are plenty of problems that need solving in Africa, if Africa will be truly developed. The first is ensuring that basic human

needs are taken care for. people need to be able to access basic things like accommodation (if you go to Lagos today, you will be shocked at the level of homelessness in a city like that), access to affordable food and clothes, opportunity to enjoy recreation, access to health care services, employment opportunities, and with all this, an opportunity to access funds and move funds fast and securely. 

when people have their basic needs handled, they can then bother about tech advancement. 

 These problems potentially can also be solved with a few key principles that are inherent to blockchain, such as transparency, and decentralization. From elections to international remittance, as well as energy services and alternatives to banking; Africa has many broken systems that could be fixed by new technology.

the government CANNOT fix Africa, which is why decentralization is very important for our continent. The people have lost faith in the government. The government have invested in taxing the people and delivering nothing. we all have to rise up and build the Africa we want our children to live, work and play in. 

There are three quick facts you should be aware of;

  1. Much of Africa’s 1.2 billion population remains unbanked, according to the World Bank.
  2. This makes the continent a ripe target for blockchain technology aimed at financial inclusion.
  3. Africa’s population is on the rise, and with population comes consumption. This means more people will have needs and will need to satisfy those needs, creating the largest consumer market in the world. 

Imagine for one moment you can get access to housing, investments, shopping, games and music, and payment on a secured, and decentralized system. Africa will certainly become great. 

How Abit Is Stepping Into Drive Change

An opportunity, new insight, financial freedom and most importantly a community for everyone. ABiT network is offering this and more. We are leading the decentralized movement in Africa leveraging on blockchain technology to make life easier for everyone. This movement is great and is envisioned to create massive change. We will serve the African market with opportunities to live, play and work. 

We created few products that’ll help us achieve our vision. 

ABiT Crowd-

With ABiT crowd for the first time African’s can invest in real estate with whatever they have and with ease and transparency. 

we are empowering Africans with the opportunity to become landowners and real estate investors. 

As you will find out in our white paper, with ABiT Crowd we source for real estate properties, negotiate the best deal possible, and crowdfund for purchase. we will also go-ahead to take care of the investment, perform periodical valuations that will be published on the platforms for investors to watch their investment grow. Because of our focus on ease of engagement and disengagement, investors can buy and sell shares to property almost instantly on our website or app.


We are creating the first Cryptocurrency education and mentorship system in Africa. with our system, students can easily understand, trade and analyze cryptocurrencies and the blockchain technology generally. we are creating a flexible educational system, as well as offering organized knowledge that will help African’s take advantage of cryptocurrency and blockchain technology. In ABiTrader we also offer trade insights and analyses to our students that will help them stay profitable while trading. we We are also creating a community of traders where trade can happen faster, smooth and better. 

ABiT Play

All work without play will make Gaius Chibueze a dull man. if you follow me on my WhatsApp you will observe that as much as i love work, i also love play. So we created ABiTPlay, an entertainment and recreational platform with products like games, music and movie streaming services. while people can have fun on this platform, they can equally earn money on this platform.

ABiT Discount Shopper

Because we are concerned with creating value for everyone in Africa. We created a discount shopping platform, where Africans can buy all products for daily consumption, at a heavily discounted price. 

ABiT Rep

We created an affiliate marketing system where people can earn heavily, for just believing in our products, using our products, talking about them,  and getting there people to believe in them and talk about them too.

we have more products coming, and we are sure to change the way Africans Live in Africa significantly. think the Opay in Nigeria, but advanced and powered by blockchain.

The Token that will change everything. (Tatcoin)

For our huge and growing community of brand believers, customers, and influencers , we have created a  utility token called the Tatcoin. This utility token is focused on simplifying payment processes for goods and services and would be available to every user on the ABiT network. This means that using Tatcoin on the ABiT platform would include discounted rates on every product and service. Services such as real estate, payments, shopping, entertainment, and the likes would be bought at highly discounted rates thereby simplifying the quality of life for everyone. 

This token is the change we have been waiting for. Our very own token that can be accepted everywhere in the world. 

Decentralization needs collaboration to work

Change starts with you and I but greater change happens when we act together. Decentralization is not a day’s business and as we all know; little drops create a bigger ocean. In other to see massive change, we have to work together to introduce, monitor and create communities garnered towards the change we desire. ABiT has beautiful plans and products that can easily help the cryptocurrency industry in Africa experience massive interest, adoption and growth, but ABiT cannot do it alone. An Africa wide campaign is only possible if our friends in Tanzania, Cameroun, Ghana, Italy, etc, will join hands with us to create platforms, communities, and products that will bring change faster. 

the Chinese are invading Africa, the Germans, Americans, Britons, and Arabians are invading Africa. they have the purchasing power, with and force. And we are up for possible pseudo colonialism. Individually we cannot match these people money for money, team for team, intelligence for intelligence. But when we all pull energies together, we become a force. if they are talking, 5 million dollars, we can go above and beyond because of collaboration. this is the time to line up behind African Projects, this is the time to prove that Africa is ours and will always be our.



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Top 10 Advertising Agencies in Nigeria

Ossi Samuel



advertisement agencies

Top 10 Advertisement Agencies in Nigeria

It is no big news that advertisement has formed a core part of business creation, operation, and expansion. It is part of the packaging and packaging is key to the survival of a particular business, especially in this dispensation. There are so many advertisement agencies in Nigeria currently and they have different media to do that. Some of them are experts in online advertisement while others specialize in offline advertisement using magazines, newspapers, and banners. These companies offer professional ad services and these they do use printed medium for the offline advertisement or using different websites, blogs, videos, etc that have a good number of clients and fans.

Related:  8 banks with quality internet banking in Nigeria

The problem is that we have some very unreliable advertising firms in Nigeria and others, despite the fact that they offer good services; you might not be satisfied with the outcome or performance of your product in the market. Remember, the aim of advertising is for the products to sell or improve its market demand. The list below, in no particular order, is the list of the advertising companies you can do business with. These firms are registered under the Association of Advertising Agencies in Nigeria. You will also find phone numbers and contact addresses.

Related:  the essence of network marketing in Nigeria

List Of  Top 10 Advertisement Agencies

  1. Twenty-First Century Communication:

This advertising agency is one of the biggest advertising agencies in Lagos. They specialize in creating quality ads, the placing of the ads on various media (social media inclusive), and finally, the run training on advertisement for potential prospects. They are located at 5 Jeremiah Ugwiu Street, off Babatunde Anjous, Lekki Phase 1, Lagos. You can reach them on +23412707777.

  1. Xavier Communications Ltd

This advertisement company has been in the market since 1998. It is really old and they know what they are doing. They are one of the best advertisement companies around. It is quite reliable. It is located at Suite 31, Garki 2 shopping center, Muhammad Buhari Way, Garki 2, Abuja, Nigeria. You can reach them on any of these numbers; 08053464880 or 08032858342.

  1. Diamond Network Ltd

The company specializes only on regular advertising and marketing. It is located in Lagos at 1, Olayinka Bamgbose Street, by Toyin Street (Off Unity road) Ikeja, Lagos You can connect them with this phone number; +23414930851

  1. Roar Digital Frames

Roar digital frames is another to top advertising firm. You cannot talk about top advertising agencies in Nigeria without mentioning it.The company is located in Abuja. They offer:

– Business services;

– Advert creation;

-graphic design;

-Video production

Content design

They are at Shop 1, Plot 1242, Supreme Shopping Complex, Abuja, Nigeria.

  1. Mariqual Ltd

This is a small company located in Lagos. It, however, produces and offers high-quality services.You can find them at 118, Murtala Mohammed Way, P.O. Box 246, Ebute-Metta, Lagos, Nigeria. They also have two telephone lines – +23417634419 and +2348062226503.

  1. FIIZ Communication Ltd

This company specializes mostly in advertisement and then does some other services.

You can find them at 1311 Crescent, Plot 13, Abuja, Abuja FCT. Their phone number is +23495211509.

  1. Resnova

The company is one of the advertisement agencies in Nigeria. It offers different online services. They also work on:

– Advertising;

– Marketing;

– Branding;

– Printing press and printing services;

– Travel agents.

They are located at 48, Olurunfemi street, Off Oregun Road, Ikeja, Lagos, Nigeria.

  1. Unique Billboards

Unique billboards ranks as one the reliable advertisement agencies in Nigeria. Their company specializes in different services:

– Advertising;

– Web development;

– Web Design;

– Laundry & Cleaning;


They are located at 14, Akinwumi Street, Off Queens Street, Alagomeji, Yaba, Lagos, Nigeria. They can be reached on these phone numbers; – (0)802 316400 and 805 5484108.

  1. Advertisers’ Association of Nigeria

One of the best advertising agencies that can create great adverts for organization and businesses. It is an association for all advertisers!

They are at 17A, Salvation Road, Off Opebi Road, Ikeja, Lagos, Nigeria. Their phone number is 0708 293 4854.

  1. Homitex Communications

They are great for any customer and provide high quality services.

Address: 17 Aguiyi Ironsi Shopping Complex, Asokoro Abuja, Nigeria. Their phone number is +23493147564.

We have given you a rundown of the best and most reliable advertising agencies in the country. There are a lot more. Remember, they are listed here in no particular order. The first is not better than the last and the last is not worse than the first. Be advised to choose anyone that is very convenient for you. If you have more to add, please do put them down. Kindly share to help other brothers and sisters in need.




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