Ayo FBI

COO | President & Founder; Seasoned Bankers Group | Girl Dad | Career Coach | Corporate Influencer | Transformation Evangelist | A strong proponent of 9-5

[Ayo FBI @PureMinD__]

Automation and layoffs go hand in hand.

Sometimes it’s not even about a dip in employee performance or business profitability.

If you are not laying off, it may simply mean you’re not automating enough.

[Ayo FBI @PureMinD__]

For Graduate Trainees who just joined or intend joining any of the FUGAZ, this tweet right here is for you.

Immerse yourself completely into learning rigorously, you will be happy you did few years down the line in your career.

Do NOT limit yourself to your daily deliverables!

[Ayo FBI @PureMinD__]

I really milked the popularity the African Day contest I won gave me when I was a an employee at UBA.

During my 1hour break time, I’ll go to different departments (I didn’t need introduction) with my notepad which I now call “My Encyclopedia”

From Legal to Audit, from Treasury to FINCON to Database Management to Liquidity Management to Credit Risk, Compliance, Internal Control, Customer Experience, Marketing, Sales, Relationship Management, Messaging and Collaboration, Middleware Management, CIO and so on.

I’ll look for one person who looks approachable and ask them to summarize what they do from the moment they put on their Personal Computer to the moment they shut it down.

The most important part of their jobs, the timelines and associated risk and applicable sanctions if/when they fail to do what they must do.

This move was the game changer for me because by the time I was done touring those units and departments, it felt as though I have had a hands on experience on what they do.

So whenever I’m in a room and there are general conversations that is not limited to my core competencies, I always have a valuable contribution to such conversations.

And that’s why I owe a good percentage of current success and in fact future success to my time at UBA, I really learned a lot from that Bank.

[Ayo FBI @PureMinD__]

@_MisterLeks lol we pray o.

[Ayo FBI @PureMinD__]

Yesterday, I was part of the team bonding event organized by our class leadership of Unilag MBA 2024/2025 set to mark the end of our being together in one Stream as we proceed to different specializations this final semester.

I know my classmates and my classmates know me 😊

[Ayo FBI @PureMinD__]

E get where the misogyny touch, the man pressing his phone had to drop his phone and clap. That to me is the Final boss 😂😂

[𝔸𝕟𝕥𝕙𝕠𝕟𝕪👾 @gmltony]

“Instead of Remi Tinubu to be in the kitchen and take care of her husband, she is busy interfering in the affairs of Warri” - Warri Chief

[Ayo FBI @PureMinD__]

Eyowo was one of the most interesting fintech experiments in Nigeria. It tried to solve a real problem: financial inclusion without requiring a bank account. The idea was truly elegant-send and receive money using just a phone number.

However, despite strong early promise, it faded from the market. The failure wasn’t because the idea was bad; it was mostly execution, market timing, and ecosystem constraints.

Why Eyowo Failed

1. Weak Product–Market Fit
Eyowo’s core proposition was:
“Send money to anyone using just their phone number.”
But by the time they were scaling:
- OPay
- PalmPay
- Paga
- Flutterwave
had already normalized easy transfers and wallets.

Most banks already allowed transfers through:
- mobile banking
- USSD
- apps
So Eyowo’s differentiation quickly became less compelling.

2. Poor Distribution Strategy
Fintech success in Nigeria is 90% distribution.
The companies that dominated built massive agent networks:
- OPay → hundreds of thousands of agents
- PalmPay → aggressive merchant penetration
- Paga → deep agent network
Eyowo remained mostly digital, which limited adoption among the financially excluded.

3. Weak Network Effects
Wallet products succeed when everyone is already using them.
People use OPay because others accept OPay.
Eyowo struggled to reach critical mass.
Without scale:
merchants didn’t adopt
users didn’t see the need

4. Limited Capital Firepower
The Nigerian fintech market became a subsidy war.
Competitors spent massively on:
cashback
- agent commissions
- merchant onboarding
- branding
Companies like PalmPay and OPay had hundreds of millions in backing.
Eyowo couldn’t match that level of burn.

5. Regulatory and Infrastructure Constraints
Nigeria’s financial regulations create friction for wallet-first products.
Licensing issues around:
- switching
- agency banking
- settlement
- KYC tiers
often slow growth for smaller fintechs.

6. Strategic Drift
Eyowo experimented with:
- wallets
- remittances
- payments
- banking partnerships
But it never dominated one killer use case.
Meanwhile competitors focused sharply:
OPay → agents + payments
PalmPay → consumer wallet + merchant POS
Paga → infrastructure + agents

What Eyowo Could Have Done Better
1. Go Aggressive on Agent Banking
Nigeria is still cash heavy.
They should have built:
- 50k–100k agents
- cash-in/cash-out network
- POS + wallet combo

The playbook used by:
- OPay
- Paga
2. Own One Vertical
Instead of a general wallet, they could have dominated:
1️⃣ Remittances
2️⃣ Student payments
3️⃣ Informal market merchants
4️⃣ Salary wallets for SMEs
Focus wins in fintech.

3. Stronger Strategic Partners
If they had partnered with:
-telcos
-FMCG distributors
-large employer networks
-distribution could have scaled faster.

4. Merchant Acceptance First
Payments businesses win when merchants adopt first.
They needed:
-Merchant POS
-QR payments
-Cheap settlement
Then drive consumers to pay those merchants.

[Retired Polysaccharide Patriarch @bigbrutha_]

Eyowo was such a dope product name for a banking app

[Peter Obi @PeterObi]

The abduction of the Chibok girls in 2014 triggered a global movement. One school abduction was enough to unite Nigerians, attract international attention, and place enormous pressure on the government through the #BringBackOurGirls campaign.

Yet, what has happened since then should trouble every Nigerian.

Under President Buhari's eight years in office, Nigeria witnessed about ten school abductions. Under President Tinubu's administration, in just three years, we have already recorded over ten school abductions.

Despite these repeated tragedies, there has been neither sustained national outrage nor significant international attention comparable to what followed Chibok.

This raises an important question: have we become so accustomed to insecurity that what once shocked our national conscience is now treated as normal?

At a time when millions of Nigerians are grappling with insecurity, poverty, and hardship, it is deeply troubling that those in power appear more focused on political calculations and preparations for the next election than on addressing the urgent challenges confronting our people.

It is, therefore, no surprise that some observers have labelled us a "Now Disgraced Nation". While we do not agree with any attempt to define our great country by its present difficulties, we must acknowledge that persistent insecurity, economic hardship, and leadership failure have damaged our reputation and standing among nations.

The answer is not denial, propaganda, or political distraction. The answer is leadership that is competent, compassionate, accountable, and genuinely committed to the welfare and security of the Nigerian people.

The Nigerian youth must not become indifferent. We must all refuse to normalise failure.

Young Nigerians - Take back your country!

A New Nigeria is Possible. -PO

[Ayo FBI @PureMinD__]

@datti_nuhu The 3k wey you collect for this your comment no fit buy you one plate of better food. Receive sense.

[Ayo FBI @PureMinD__]

APC supporters will listen to this man speak and call him dull then listen to Tinubu speak and call him the “Master Strategist”

[Ayo FBI @PureMinD__]

Peter Obi gets invited to talk about issues and how he plans to solve them while others get invited only to talk about Peter Obi.

There are levels to these things.

[Ayo FBI @PureMinD__]

The events from the past weeks about INEC have been damning, blatant and some sort of “what can you guys do?” and an indication of what’s to come during 2027 General elections.

We found out that INEC chairman, Joash Amupitan made a twitter post on the 18th of March 2023 during the Gubernatorial elections aligning and showing his support for APC by responding to Dayo Israel that “Victory is assured”. Till today, INEC has failed to release the purported ‘forensic report’ on the said X account ‘linked’ to Amupitan - We did nothing!

Dada Olusegun, a common presidential aide issued a supposed INEC “press statement” 24hours before the umpire itself released the same statement verbatim - We did nothing!

Nyesom Wike’s aide, Olayinka Olalere who has an unrestricted illegal access to INEC’s Database logged in as an admin, lifted Emeka’s Ike’s voter information and shared it online to prove a point. And as if that were not enough, he even gave all of us a middle finger by leaving the post up for over 72 hours before eventually deleting it - Again, we did nothing; just some social media outrage.

Many credible reports have shown that INEC has been indiscriminately transferring, manipulating and deleting voter information in a bid to systematically suppress and disenfranchise duly registered and eligible voters concentrated in the areas and regions of the country where they perceive the ruling party;APC does not stand a chance at winning. What this means is that the affected persons would get to their polling units on Election Day and would not find their names on the voter register and as such, cannot vote!. And when this happens, INEC will blame it on the fact that many Nigerians kicked against it when they asked voters to do “VOTER REVALIDATION” (It was all part of their long game) - Again, we are doing nothing.

But somehow, we are hoping that this same INEC led by Joash Amupitan will give Nigerians a free, fair and credible election next year? That’s wishful thinking, a foolish one at that!

“Power is not served on à la carte”, and anyone who thinks this current administration will give it up so easily does not know who Tinubu is.

Let’s keep doing nothing and keep expecting a miracle guys, January is almost here. Enough said!

[Ayo FBI @PureMinD__]

If someone asked you today how much would you need to get back on your feet, what will your response be?

[Peter Obi @PeterObi]

Dear Young Nigerians,

One lesson from the 2023 elections, particularly in Lagos, should never be forgotten.

In the period following the presidential election and leading up to the governorship election, we witnessed a troubling shift in public discourse. Conversations that should have focused on competence, governance, development, and the future of our nation were gradually diverted towards tribal sentiments, ethnic divisions, and unnecessary suspicion among citizens.

Many sincere and well-meaning Nigerians participated in these conversations without realising that they were being drawn into narratives carefully designed by others.

Throughout history, whenever politicians find it difficult to compete on ideas, performance, character, or vision, some resort to exploiting the fault lines of ethnicity, religion, and identity. Their calculation is simple: a divided people are easier to manipulate than a united people.

Today, I see similar efforts emerging again, sometimes in more subtle and sophisticated ways. Narratives are planted, amplified, and circulated, often by individuals who genuinely believe they are defending a worthy cause, without recognizing the broader agenda behind such campaigns.

Let me state clearly that Pastor Enoch Adeboye remains one of the foremost fathers of faith in our nation. For decades, he has consistently preached the virtues of peace, prayer, love, reconciliation, and national unity. Even when faced with provocation, his response has always reflected humility, restraint, wisdom, and grace.

At 84 years of age, it would be unfair for young and able-bodied Nigerians to transfer to him responsibilities that properly belong to them. The task of building a better Nigeria rests primarily on the shoulders of the younger generation. It is their duty to lead the conversations, champion the reforms, and drive the positive change our nation urgently requires.

We must be careful not to become instruments in the hands of those who secretly nurture division while publicly preaching unity. In most cases, their target is not the individual being attacked; instead, it is the person who is attacking. Their real objective is to weaken the bonds that hold us together as one people and one nation.

I therefore urge all young Nigerians: do not allow anyone to recruit you into hatred. Do not allow anyone to weaponise your ethnicity, your faith, or your admiration for respected leaders.

Question every narrative. Verify every claim. Follow the facts. Resist manipulation.

The Nigeria of our dreams can only be built by citizens who refuse to be divided, who choose unity over hatred, and who place our collective future above narrow interests.

A New Nigeria is POssible. -PO

[Jaevo @Tobi_olafeso]

We need a replacement for INEC

[Ayo FBI @PureMinD__]

@chrisbentechi We will be here to cry tweet our frustrations when they announce result by 3am again.

[Ayo FBI @PureMinD__]

The events from the past weeks about INEC have been damning, blatant and some sort of “what can you guys do?” and an indication of what’s to come during 2027 General elections.

We found out that INEC chairman, Joash Amupitan made a twitter post on the 18th of March 2023 during the Gubernatorial elections aligning and showing his support for APC by responding to Dayo Israel that “Victory is assured”. Till today, INEC has failed to release the purported ‘forensic report’ on the said X account ‘linked’ to Amupitan - We did nothing!

Dada Olusegun, a common presidential aide issued a supposed INEC “press statement” 24hours before the umpire itself released the same statement verbatim - We did nothing!

Nyesom Wike’s aide, Olayinka Olalere who has an unrestricted illegal access to INEC’s Database logged in as an admin, lifted Emeka’s Ike’s voter information and shared it online to prove a point. And as if that were not enough, he even gave all of us a middle finger by leaving the post up for over 72 hours before eventually deleting it - Again, we did nothing; just some social media outrage.

Many credible reports have shown that INEC has been indiscriminately transferring, manipulating and deleting voter information in a bid to systematically suppress and disenfranchise duly registered and eligible voters concentrated in the areas and regions of the country where they perceive the ruling party;APC does not stand a chance at winning. What this means is that the affected persons would get to their polling units on Election Day and would not find their names on the voter register and as such, cannot vote!. And when this happens, INEC will blame it on the fact that many Nigerians kicked against it when they asked voters to do “VOTER REVALIDATION” (It was all part of their long game) - Again, we are doing nothing.

But somehow, we are hoping that this same INEC led by Joash Amupitan will give Nigerians a free, fair and credible election next year? That’s wishful thinking, a foolish one at that!

“Power is not served on à la carte”, and anyone who thinks this current administration will give it up so easily does not know who Tinubu is.

Let’s keep doing nothing and keep expecting a miracle guys, January is almost here. Enough said!

[Ayo FBI @PureMinD__]

@Ubcharles4 No be only 1billion

[Ayo FBI @PureMinD__]

Can you guys ever shvt up?

[Tomilola Oluwafemi | Software Engineer @tomilola_ng]

AI Automation experts are making 1 Billion Naira from Upwork, God is good

[TG NOT OMORI•🦅🇨🇦 @TGszn_]

I don’t think people understand how tedious ops roles are. To merge that with a wicked COO will be the worst thing a business wants to do

I doubt even the culture of any business that wants to thrive in this demanding market to retain one like that

COOs are like connecting dots

[Ayo FBI @PureMinD__]

@TosinOlugbenga Lol No abeg.