Nospetco accounts frozen

Or at least, that is the gist I have been hearing since I got holed up in a company retreat of recent. Actually, the pace of office work has been so frenetic the last few weeks that I don’t even have time to look at myself in the mirror. Not only are Nospetco accounts frozen by EFCC, I also heard that the cousin schemes: Sefteg, Wealthsolutions, Treasure Lines also got the deep freezer treatment.The truth is, I don’t care if they are frozen, defrosted or smashed. All I know is that deep inside me, it is all scam. It still amazes me how people could be so greedy that they become gullible. Somewhere on the internet, someone (a Dipo Tepede’s friend) wrote some articles which can’t be better written about this get rich quick scheme. You can link to the articles from here.

Author: Adedeji Olowe

Adédèjì is the founder of Lendsqr, the loan infrastructure fintech powering lenders at scale. Before this, he led Trium Limited, the corporate VC of the Coronation Group, which invested in Woven Finance, Sparkle Bank, Clane, and L1ght, amongst others. He has almost two decades of banking experience, including stints as the Divisional Head of Electronic Banking at Fidelity Bank Plc. He drove the turnaround of the bank’s digital business. He was previously responsible for United Bank for Africa Group’s payment card business across 19 countries. Alongside other industry veterans, he founded Open Banking Nigeria, the nonprofit driving the development and adoption of a common API standard for the Nigerian financial industry. Beyond open APIs, Adédèjì works deeply within the fintech ecosystem; he’s the board chairman at Paystack. Adédèjì is a renowned fintech pundit and has been blogging on technology and payments at dejiolowe.com since 2001.

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