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Hanu Fejiro Agbodje

Nationality:NigerianLocation:Lagos, Nigeria
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Overview

Hanu Fejiro Agbodje is a Nigerian tech entrepreneur best known as the founder and CEO of Patricia Technologies, a company initially focused on gift card exchange and later involved in cryptocurrency trading.Early Life and Education Hanu Fejiro Agbodje was born in Warri, Delta State, Nigeria. He graduated from the University of Port Harcourt with a degree in Mathematics and Statistics. By May 2022, he was noted to be 25 years old.Career Progression and Patricia Technologies Agbodje is the brain behind Patricia Technologies. The company gained prominence for its platform facilitating the trading of gift cards and later expanded into the cryptocurrency space. Starting from a relatively small initial investment, Agbodje grew Patricia into a company reportedly valued at $50 million at its peak. His initial vision and rapid scaling were notable within the Nigerian tech ecosystem.Major Achievements and Notable Works Agbodje's major achievement is the founding and expansion of Patricia Technologies. For his work, he was recognized in May 2022 with a Vanguard Award. The company's rise was considered a significant success story, reflecting his ambitious business strategies, such as renting a five-bedroom duplex early in the company's life to house operations. Patricia was also an associate sponsor for the popular reality TV show Big Brother Naija, reportedly paying 1 billion Naira for the sponsorship in 2021.Current Status In the period following its rapid growth, Patricia Technologies faced significant challenges, including allegations of poor governance, unchecked ambition, and a lack of ethical practices, which ultimately led to the company's collapse. The company experienced issues with customer funds, and by 2023, it was described as a "shadow of its former self." Efforts were made to initiate customer repayments; however, a highly publicized partnership with DM Trust in October 2023 for the first round of repayments was canceled by DM Trust less than 24 hours later due to reported breaches in the terms and conditions. While Patricia claimed to have repaid a portion of customers, reports suggest that few people have actually received payments. Agbodje's current public status remains tied to the efforts to address the aftermath of Patricia’s collapse and the ongoing concerns regarding customer funds.

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