Investment Platform Allegedly Linked to Jim Ovia Promises High Returns

by Folarin Kehinde

A new investment platform reportedly linked to businessman Jim Ovia has generated widespread attention across Nigeria following claims of guaranteed multi-million naira returns for participants.

At a recent presentation, promoters of the project stated that every Nigerian who joins the platform is assured of an income of ₦2 million, describing the initiative as a technology-driven financial solution built by “some of the world’s best financial experts.”

According to the presentation, the platform was designed with inclusivity in mind, setting an entry point of ₦380,000 to enable participation by traders, teachers and commercial drivers across the country.

“We deliberately structured this project so that the trader in Oshodi market, the teacher in Enugu and the driver in Abuja can all participate and change their story,” the speaker said, adding that the platform allegedly enjoys full government backing and guarantees from the Central Bank of Nigeria (CBN).

Another promoter, Emmanuel Nwodo, expressed confidence in the project, claiming to have personally tested the platform.

“The only thing we can feel is gratitude,” Nwodo said. “I personally tested the platform and I can confirm that it works. Registration is simple, and consultants guide users step by step.”

He further claimed that the project had been under development for two years and was already providing additional income to thousands of Nigerians.

Promoters insist the platform does not promise instant wealth but can deliver earnings of up to ₦300,000 daily, translating to ₦2 million weekly and ₦8 million monthly, powered by artificial intelligence said to predict market trends and automate trading decisions.

“This has nothing to do with pyramid schemes or shady deals.

The algorithm does all the work,” Nwodo stated, expressing confidence that participants’ income could surpass their current salaries within 30 days.

Some users have also shared testimonials online. One participant claimed to have doubled an initial investment within two days, while another said investing over ₦2 million had yielded “serious money.”

However, financial analysts have urged caution, noting that promises of guaranteed returns and claims of regulatory backing should be independently verified.

Experts warn that Nigerians should conduct due diligence and seek confirmation from relevant authorities before committing funds to any investment opportunity.

As of the time of filing this report, there has been no official confirmation from the Central Bank of Nigeria regarding its alleged involvement or guarantee of the platform.

 

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