CashBox is proof Nigeria is full of opportunities – Aigbogun, CEO

CashBox’s CEO, Sydney Imuetinyan Aigbogun says, despite inflation, recession and Covid-19 related hardship, the world is full of opportunities for anyone willing to embark on an entrepreneurial odyssey rather than resorting to fraud or illegitimate business.

The Edo State-born entrepreneur avows that everyone can draw from his experience and education to found a viable business.

Born in Edo State but bred in Lagos, Aigbogun is the founder and CEO of CashBox (also known as Cashboxng), a digital savings platform owned by Cashbox Global Services Limited.

He notes that he has simply leveraged his education and experience to establish what is now one of the fastest-growing digital savings platforms.

“I have a BSc Finance from the University of Lagos and I have worked and have experience in consumer finance, asset management and foreign exchange trades,” he says.

The time individuals devote to fraud could as well be used for research and development of legitimate businesses, he submits.

“I read all the time about cases of internet fraudsters, about these young Nigerians, some of who have good education and cutting-edge IT skills but chose a life of crime and I wonder what they were thinking when they could easily use their knowledge and skills to establish viable online businesses.”

Aigbogun points out the advantage such individuals could avail themselves of: “This country has a huge population such that if you establish a solid online venture that is well run, you are sure of building yourself a sustainable business in the long run.”

Aigbogun uses CashBox as an example: “I started CashBox in 2019, and two years after, we are expanding our services.”

He further advises young Nigerians: “There are lots of businesses young people can do without resorting to scams, Ponzi or any manner of shady business.”

A starting point for young people becoming business savvy, he also points out, is having a healthy saving habit. “That is what CashBox is here for. You can start saving with as low as N100 daily, and once you are consistent, you gradually imbibe the savings culture,” he says.