i-naira.com eAuction | Project Profile & Events

The British High Commission, Nigeria, maintains and develops relations between the UK and Nigerian. The Commission from time to time dispose assets that no longer support their operational needs.

In view of the foregoing, The British High Commission appointed i-Naira.com; an independent online auction company to support the BHC with auction services in order to entrench transparency, probity and accountability.

2023 - Status: Ongoing

The Facility for Oil Sector Transparency and Reform (FOSTER) - The project closed and appointed i-Naira.com to dispose project assets via eAuction.

2023 - Status: Completed

The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement agency that investigates financial crimes.

We are one of the two appointed e-Auctioneers for the EFCC for disposal of forfeited assets (Vessels, Automobiles, Landed Properties etc.)

2022 - Status: Ongoing

PepsiCo; owners of Food Concept Pioneers Ltd, Nigeria, is the largest food and beverage company in North America and the second-largest in the world,
We are supporting the company with disposal of equipment in its semi-automated bakery in Ikotun and Oregun in line with the need to free up operational space.

2023 - Status: Ongoing

Old Mutual Life and Old Mutual General are part of the Old Mutual Limited group in Nigeria, a premium African financial services group that offers life protection, general insurance, savings, investments and lending services to 11.3 million customers in 14 countries across Africa and China.
We are supporting the company with sales of insurance salvage

2022 - Status: Ongoing

Red Star Express Plc provides a portfolio of full logistic solutions in Nigeria which includes, but not limited to International and Domestic express delivery, Freight Forwarding, Integrated Logistics Solutions, Information and Document Management Solutions, Warehousing, Packaging Services, Food Delivery, Agriculture Logistics and E-commerce Solutions.
We support the company with sales of redundant assets.

2023 - Status: Ongoing

Our client is the 6th largest bank in Nigeria by size of assets and a systemically important bank in the Nigerian Banking market. The Bank ranks 3rd in the Nigerian banking space with respect to geographic size and reach. It also provides tailored services to over 7.5million corporate, commercial and retail customers nationwide.

We support the bank with sales of redundant assets due to operational upgrade.

2021 - Status: Ongoing

Propcom Mai-karfi (PM) is a market-driven programme funded by Foreign Commonwealth and Development Office (FCDO) which aims to reduce poverty in northern Nigeria by intervening in markets that matter most for poor women and men.
Propcom Mai-karfi during its implementation bought some assets and got some transferred from its predecessor project Propcom as well as from other Foreign Commonwealth and Development Office (FCDO) Programme.
The project as part of its asset management strategy and due to limited storage space have decided to auction some of its assets. Accordingly, Propcom Mai-Karfi contracted i-Naira.com to support the the company with e-Auction solution in order to entrench transparency, probity and accountability.

2021 - Status: Completed

AIICO Insurance Plc is the leading life insurer in Nigeria. Founded in 1963, AIICO provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers. Accordingly.

We are supporting the company with sales of insurance salvage

2021 - Status: Ongoing

Nigerdock FZE, a member of Jagal Energy, is the leading indigenous Nigerian energy services company with diverse but related capabilities in complex oil and gas project delivery during both the greenfield and brownfield stages of an asset lifecycle. The range of services offered include full Engineering, Procurement and Construction (EPC), or stand alone engineering, procurement management, onshore and offshore fabrication, brown field modifications, fabric maintenance, asset maintenance management, ship building and repair, marine services, logistics and the associated base support services.
Nigerdock FZE mandated i-naira.com to support the firm with valuation and auction services.

2021 - Status: Completed

Market Development in the Niger Delta (MADE) Auction
MADE is a project designed to promote inclusive, pro-poor growth for farmers and entrepreneurs in the Niger-Delta. Recently the MADE phase 2 project closed and the programme manager (DAI) and donor partner (Department for International Development- DFID) decided to dispose the project assets.

In view of the foregoing, DAI contracted i-Naira.com; an independent online auction company to audit, value and sell the aforementioned assets on its behalf in order to entrench transparency, probity and accountability.
March 9th 2020

Completed

Summit on Auction Digital Marketing
Hillary Nwaukor, CEO at i-naira.com and a cross-section of inductees; new members of Certified Institute of Auctioneers, Nigeria (CIAN), Representatives of Lagos State Government from the Ministry of Industry & Commerce and the Registrar CIAN, Mr. Hassan Adeleke during the summit on "Auction Digital Marketing"

The CEO, of i-naira.com - Mr. Hillary Nwaukor, was the keynote speaker during the event and spoke on " Planning & Executing Mobile Marketing for e-Auction Projects".
March 5th 2020

Event Info

NCF Official Auctioneer
Recently appointed as the Official online auctioneer for Nigerian Conservation Foundation to value and sell idel assets belonging to the organisation. Completed 1st auction project 23rd of October 2019

Completed

Propcom Maikarfi Auction
Assets disposal for Propcom Maikarfi; a Department for International Development (DFID) funded project in Nigeria

Completed

CWAG-AAP Workshop
The CEO, of i-naira.com - Mr. Hillary Nwaukor, facilitated a session during the one-day workshop on “ The Role of Secured Transactions in Moveable Assets Act in Financing MSME in Nigeria”.

The event was organised by Conference of Western Attorneys General – Africa Alliance Partnership (CWAG – AAP) in Collaboration with the National Collateral Registry (NCR).

Hillary facilitated the session on “The Strategic Importance of Secondary Derivative Market Platforms for the Completeness of the National Collateral Registry & Standardisation of Moveable Asset Disposal Processes Under the STMA Act. 28th of March 2019

First Workshop for Justices & Judges of Nigeria
The CEO, of i-naira.com - Mr. Hillary Nwaukor, facilitated a session during the event (First National Workshop for Justices and Judges on Secured Transaction in Moveable Assets Act (STMA) and National Collateral Registry (NCR).

The above opportunity is in line with our service proposition to the Central Bank of Nigeria to support the National Collateral Registry (NCR) with auction services.

Mr. Hillary shared his professional knowledge with the Justices and Judges of Nigeria on “The Strategic Importance of Secondary Derivative Market for the Operationalisation of the National Collateral Registry”.

Theme: “Leveraging Movable Assets for Credit Delivery in Nigeria: Legal and Regulatory Framework”. February 12th 2019.

Online Auctioneer For Heritage Bank Remedial Asset Management
Auction Disposal of Recovered Assets Services to HBN. Trial period November 2018 -1st of January 2019. Official Appointment - February 18th 2019.

Mobilising for Development (M4D) Auction
Certificate of Completion of auction project for Movement For Development; a DFID funded project that was managed by Palladium in three Northern States of Nigeria (Kano, Jigawa and Kaduna. April 2018.

Award Winning Auction Company 2017 - 2018
Certificate of Recgonition and Commendation Award presented by Mr. Gboyega Fatimilehin, Co-founder of Diya & Fatimilehin Co Ltd to Mr. Hillary Nwaukor, CEO at i-Naira.com.

Lagos State Auction License
(L-R): Olabingo Adeyemi, special adviser to Governor Akinwunmi Ambode on Commerce, Industry and Cooperative observes as Mr. Hillary Nwaukor, founder of i-Naira.com receives his auction practicing license from Prince Rotimi Ogunleye, Lagos State Commissioner of Commerce, Industry and Cooperative, while Fariudeen Akodu, permanent secretary in the Ministry acknowledges, during the occasion held at the Ministry Conference room on Monday, March 6, 2017 in Alausa, Lagos.

According to the law, it has henceforth become an illegality to auction items in Lagos without engaging a LASG licensed auctioneer.

Central Bank of Nigeria Presentation
Addressing Commercial Legal Firms at the Central Bank of Nigeria, Lagos on the strategic importance of i-Naira.com as a Secondary Derivative Market Platform for the implementation of the National Collateral Registry Policy during the workshop on “ Legal Rights Framework for Secured Transactions in Movable Assets and Insolvency Reforms.

Recognition
CEO at i-naira.com, Hillary Nwaukor during his investiture as a Fellow of the Institute of Management Consultants and license as a Certified Management Consultant (CMC) 2018.

BoICT Awards 2017
Hillary Nwaukor, CEO at i-naira.com receiving the Technology Innovator of 2016 award from Mr. Sunday Dare; current Minister for Youths and Sports and former Commissioner at the Nigeria Communication Commission(NCC) during the Beacon of Information & Communication Technology (BoICT) awards, 2017.

Office of ICT, Innovation & Entrepreneurship (OIIE)
CEO at i-Naira.com invited by the Federal Government of Nigeria to share our knowledge and tech-innovation with start-up companies and investors at a forum organised in Abuja (1st of July 2016) by Office of ICT, Innovation & Entrepreneurship (OIIE).

Fidelity Bank SME Forum Guest
The CEO, of i-naira.com - Mr. Hillary Nwaukor, dicusssing " The Role of Technology in Facilitating Business Growth for SMEs" on Fidelity Bank SME Forum on Inspiration 92.3 fm
12th of July 2016. (Listen)

Official Auctioneer to Jay-Jay Okocha Foundation
We signed a major deal on the 5th of July 2016 that gives our platform the sole rights to auction Austin Jay-Jay Okocha’s memorabilia.

VALUE BARGAIN PLATFORM

Our auction services are deployed to support the Organised Private Sector; financial institutions, Service companies, Insurance companies, manufacturers and many more with assets/liabilities disposal services that can help our clients sell faster with potentials of earning more.

Please note, i-naira.com auction services are not free. Thus, you are required to pay a one-time access fee of N5,000 to be able to take advantage of the value bargains we bring to the table. Your registration will also enable e-auction event alerts on the go.

HOW IT ALL STARTED

VALUE BARGAIN PLATFORM