The Victor Uwaifo Artistic Hub in Benin Metropolis, Edo State, was abuzz with vitality on June 29, 2025, as high business minds convened on the extremely anticipated Foreign exchange Expo, hosted by Excessive International CA.
The occasion served as a vital platform for skilled merchants, tech fanatics and innovators to interact Nigeria’s evolving foreign exchange and digital coaching panorama.
One main spotlight of the expo was the compelling tackle by the CEO of Jeroid, who offered a transformative perspective: “Crypto as a Trendy Various to Conventional Foreign exchange.”
Mayowa meticulously detailed the numerous hurdles Nigerian merchants encounter inside the conventional FX system, citing risky charges, restricted greenback entry, protracted delays, and exorbitant middleman charges.
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The Could 27 NEC assembly is predicted to be pivotal for the PDP because it seeks to regain political momentum and redefine its function in Nigeria’s evolving democratic panorama.
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Jeroid units Benin metropolis abuzz with crypto vitality
“The present foreign exchange system is basically flawed. For a lot of merchants, the problem isn’t executing trades—it’s liquidating their earnings. That is exactly the place crypto presents an answer,” Mayowa asserted.
He underscored the growing adoption of stablecoins like USDT and USDC amongst Nigerian foreign exchange merchants. These digital belongings facilitate immediate and safe revenue conversions, bypassing the complexities and friction inherent in standard banking techniques.
Mayowa additionally issued a stern warning concerning the dangers related to peer-to-peer (P2P) platforms for foreign money conversions. He highlighted prevalent risks comparable to counterfeit naira, reversed transactions, and fraudulent counterparties.
“Partaking in P2P buying and selling is a chance, and at instances, the associated fee might be your complete revenue. There’s no security web, no help, and no traceability. This void is what prompted us to develop Jeroid: to offer constantly verified, safe, and accountable conversions,” he defined.
Jeroid units Benin metropolis abuzz with crypto vitality
Concluding his session, Mayowa straight appealed to attendees:
“For each foreign exchange dealer in Nigeria, the Jeroid app needs to be your major software when changing your earnings to naira. No scams. No stress. Simply unparalleled velocity and safety.”
He emphasised Jeroid’s ISO-certified platform, real-time alternate charges, and 24/7 buyer help as key components solidifying its place as the popular off-ramp for hundreds of Nigerian merchants.
The expo additionally featured insights from different distinguished business figures, together with:
Jeffrey Benson, Founder, Pipminders Academy
Michael Severe Ojibilele, CEO, S-Chief Foreign exchange
Damilare Ogundare, Founder, HabbyFX
Jeroid units Benin Metropolis abuzz with crypto vitality.
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