Nigeria: E-Auction Platform Honored With 'Best Online Auction Integrity' Award

2 December 2024
Vanguard (Lagos)

A foremost e-auction platform in Nigeria, i-naira.com has been awarded the prestigious 'Best Online Auction Integrity' award by the Certified Institute of Auctioneers of Nigeria, CIAN, a center responsible for all matters relating to Auctions and Auctioneering in Nigeria.

According to the Institute, the recognition highlights the platform's unwavering commitment to transparency, fairness, and trust in the business of auctioneering in Nigeria

Also, the e-auction platform was recognized for its rigorous security measures, user-friendly interface, and dedication to maintaining high ethical standards in online auctions.

The award was presented to i-naira.com at the Institute's 12th Annual Conference held recently in Abuja, where industry leaders gathered to celebrate innovation and excellence in the auctioneering sector.

The theme of the two-day conference is, "Auctioneering as a Tool for Economic Recovery" and Senator Sharafadeen Abiodun Alli, DFCAI, was the keynote speaker among others

Commenting on the award, Chief Executive Officer of i-naira.com, Mr. Hillary Nwaukor, MBA, FCAI, said: "For clarity, in 2017 we received a similar award from the institute as the best auction company in Nigeria.

"We used that recognition to reinforce our commitment to transparency and to encourage more individuals to engage in auctioneering with integrity."

Speaking further, Nwaukor who is also the Chairman of CIAN, (Lagos Chapter) added: "This award reflects our commitment to providing a safe and reliable auction experience for our users.

"We believe that integrity is the cornerstone of successful online transactions, and we will continue to uphold these values."

The e-Auction platform has implemented several features to ensure integrity, including real-time bidding updates, transparent fee structures, and robust user verification processes. These initiatives have not only enhanced user trust but have also set a benchmark for industry standards.

Other industry experts present at the ceremony include, Dr. Kayode Olushola Fasua FCNA, CEO, Association of National Accountants of Nigeria (ANAN); Mr. Shola Abeji, FCAI, FNIVS, Chairman, Certified Institute of Auctioneers of Nigeria (Abuja Chapter); Mr. Adeleke Hassan, FCAI, CAI (USA), Registrar/CEO, CIAN and host others

Read the original article on Vanguard.

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