Jollof+ users’ savings hit N10bn in one year

Jollof+, Nigeria’s fast-rising digital savings platform, has hit a milestone of N10 billion user savings in just one year since its launch in May 2024.

The fintech platform has evolved into a movement, helping thousands of Nigerians reclaim financial control and build wealth steadily and securely.

“We did not just build a platform; we built a promise,” said Eric Ntumba, chief executive officer of Baobab Nigeria in a statement.

“Hitting close to N10 billion in user savings in less than a year is a sign that we are living up to a promise to help Nigerians save without fear, stress, or doubt.”

Ntumba noted that Jollof+ is backed by the strength and stability of Baobab Nigeria, a trusted financial institution with 38 branches nationwide.

He further said that the figure is not just symbolic in its precision but also poetic in its message, a rising community of Nigerians taking charge of their future.

Also, Babatunde Baruwa, chief, Innovation and Digital Strategy at Jollof+, said users of the platform are not gamblers, but “they are planners, dreamers, and doers, and they deserve a platform that treats their hard-earned money with the respect and protection it deserves, which is what Jollof+ is doing.”

According to him, whether saving for rent, school fees, emergencies, or long-term goals, the financial platform offers flexible options that cater to users’ needs, allowing for daily, weekly, or monthly contributions, auto-save features, and even group savings goals.

“Jollof+ also employs bank-grade encryption and fraud protection, making safety a non-negotiable feature, not an afterthought,” Baruwa added.

The platform has rapidly grown into a national force, helping everyday Nigerians save smarter, safer, and stress-free, in a time when financial security feels more urgent than ever.

It combines the simplicity of technology with the rigour of traditional finance to deliver a seamless, transparent, and secure savings experience.

It is also fully regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC).