Every Monday at Sparkle, we host a “lunch and learn” session. Each takes turns to bring to the table and discuss something specific they want to share. Our most recent one was led by Bidemi, who wanted to discuss work/life balance. As we each went around the room, I was fascinated to hear how everyone’s perspectives [from Millennial, to Gen Z to Gen X to me] were completely different. They all had different work experiences and, importantly, expectations on how life should be.

So let’s start with the basics. What does work actually mean? When I was young, it was…


What’s the difference between trust and faith? Something I’ve been pondering recently.

Nigerians — we have faith. We are, as a people, deeply religious and we have faith in our chosen Gods. We’ve never seen Him [or Her] but we have faith that God exists. We have no data points, other than the Bible which, of course, as a data source and piece of evidence, is another story.. But apart from that, we have no data. We just have faith.

I am not the first to raise the point about data in relation to faith; indeed Doubting Thomas requested evidence…


We officially launched Sparkle this time last year [yes, at the height of the COVID pandemic] with a view to building a digital community centered around trust, transparency, freedom and simplicity. No offline transactions. No murky or opaque decision making. Just data-driven, unbiased choices, in an app that gives its users freedom to do what they want to do so they can move on with their day.

And you know what? It worked. We were able to build a digital financial community, not in spite of, but perhaps somewhat due to, COVID. The plague of our times actually helped to…


Just two weeks ago, the CBN banned the use of Naira to acquire or trade Crypto currencies. This decision was based on concerns around KYC, AML (anti — money laundering) and terrorism etc. But all fiat currency is used for that too. Secondly it’s only a small fraction of the population that have access to crypto usage capabilities, but the impact of this decision can be huge. A pretty insignificant fraction of the population has been responsible for Nigeria being the second largest trading spot for Global P2P player, Paxful [trading $566m over 5 years].

Why don’t we channel these…


Having worked in banking all my adult life, having worked at Diamond Bank for over 20 years, having been the Group Managing Director there and having overseen its merger with another bank… it’s virtually impossible for me not to be associated with the label of “banker”. But I don’t see myself as one. And I’ll tell you why. For me, the banking that we have now is suited for a Nigeria of 20-30 years ago, whereas I prefer to see myself in the present and future of the sector.

At the Investment and Corporate banking level, there is adequate information…


Capital is a safety net that allows you to take risk or go through perilous times and survive

From both a business and personal perspective, of everything that comes to mind when analysing and trying to put 2020 into some sort of order, the concept of “Capital” sums up the year for me; in every sense of the word.

From a business perspective — those who had accrued financial capital to fall back on during the toughest times, were able to continue to do business — paying bills, paying staff. That in itself — ensuring timely payments of salaries, is…


My new enterprise started life as a small, crack team of experts who would be the core, the essence, the heartbeat of Sparkle, but who essentially would also oversee the procurement and outsourcing of experts to join and build our tribe. That was the concept.

I have always been a believer in letting the experts work their magic. I knew what Sparkle could be, I knew the tactics we would need to employ to make it happen. Whilst I don’t advocate the “it takes 10,000 hours to become an expert in….”


photo by : @olabodeskills

The current demonstrations taking place in Nigeria are like nothing we’ve seen before. Yes, we’ve seen protests — often led by various unions — but they [to my knowledge] have never unified so many people with one, unified voice, so fast. A typical protest in Nigeria will have a leader or figurehead of some sort, and maybe some surrounding factions pressing ahead with their individual agendas, and there might be a localised protest for a day or two and perhaps even an open letter printed in the national press.

Targeted at the country’s Special Anti-Robbery Squad [SARS], this movement has…


I consider myself to be a fully signed up servant to the digital world; I am old enough not to be a digital native — I remember all too well the days of endless paper trails, and have actively fought against the old ways and embraced digital technology to make my personal and business transactions simpler. I knew early on that life would be easier with everything online. Faster, safer, better transparency — at home, at work. Diamond Bank was the first Nigerian bank to go paperless and to fully, fully adopt digital as a means of doing business and…


According to a report by PWC, only around 1.5% of Nigerian adults are covered by insurance today. When I read that, I was actually almost surprised it was that high. I’d say that the sector is broken, but that would suggest it had, at one point, been “fixed”. It has never been fit for purpose, hence the incredibly low adoption rates and the fact that insuring oneself against risk has not really entered Nigerians’ collective consciousness. All this, and we have no real State or Government infrastructure to support us for when things go wrong either.

The insurance sector we…

Uzoma Dozie

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store