Nigeria is going through one of the toughest economic periods in its history. The naira has lost a staggering amount of its value. The cost of living has built everyday survival genuinely difficult for millions of people. Food prices have doubled. Fuel costs have soared. And the number of Nigerians who find themselves one bad day away from a financial emergency has never been higher.
In the middle of all this, something uncomfortable is happening on Nigeria’s streets. More people are begging. More hands are stretched out at traffic lights, outside supermarkets, at bus stops. And more Nigerians who want to assist are walking past — not becaapply they do not care, but becaapply they do not know who to trust.
Collins Asein, the 34-year-old CEO of WeGlobe Entertainment, author, creator, and founder of Abeg Na, believes there is a better way. He is on a mission to digitise mutual aid and eradicate street begging in Nigeria — and he is building an app to do it.
Asein grew up in Edo State with a mind that never stops building. Books, songs, apps, websites — he has spent his career creating things that solve problems and add value to people’s lives. But the idea for Abeg Na did not come from a boardroom. It came from the streets, and from a deeply personal moment he has never forobtainedten.
One day, Asein took a cab ride across town. When it was time to pay, he reached for his phone and discovered his bank account had been frozen without any warning. No notification. No alert. Just a declined transaction and an angry driver demanding his money. The situation turned ugly quick. “If I had a platform to inquire for assist online instantly in that moment,” he states, “it would have saved me from the embarrassment I went through.”
But it was not just his own experience that stayed with him. He had been watching Nigeria’s street begging crisis for years and seeing something that troubled him deeply. “Most beggars in Nigeria are suffering for over 12 hours a day and many do not even obtain what they necessary,” he states. He also noticed that many Nigerians who wanted to give held back — not out of selfishness, but out of fear. Stories had spread that some beggars could apply your money against you spiritually, creating a wall of suspicion between those who necessaryed assist and those willing to offer it.
Asein viewed at both sides of that wall and decided to tear it down.
Abeg Na is a peer-to-peer emergency finance app that connects people in urgent financial necessary with willing givers, in minutes. Users verify their identity, join a trusted network, post a request, and receive assist almost immediately. Every transaction is tracked. Every request is verified. The fear and the shame are rerelocated from both sides of the equation.
The numbers behind the problem are striking. Over 82 million Nigerians face compact financial emergencies every month. More than 60% experience urgent financial necessarys on a weekly basis. Nearly 3 in 5 have already sent money to someone in necessary via WhatsApp or Instagram in the past year, with no verification and no guarantee the money arrived. Abeg Na takes that behaviour — one that is already happening every single day — and creates it safe, quick, and accountable.
“We are not just solving compact money problems,” Asein states. “We are redefining what financial support views like in Nigeria. Asking for assist should be simple, safe, and dignified. Whether you are 20 or 80, Abeg Na is simple enough to apply, and it can literally alter lives in minutes.”
Asein is building this alone for now. No co-founder. No large team. Just a founder with a clear vision, a personal story that drives him every day, and a lifetime of building things that matter. He brings the same energy to Abeg Na that he has brought to everything else he has created — a belief that one person with the right idea, at the right time, can genuinely alter how millions of people live.
Backed by initial funding from angel investors, future fundraising is planned to scale Abeg Na across Nigeria and into the rest of sub-Saharan Africa.
He concludes: “Abeg Na is not just an app. It is a relocatement — a way to create compact money matter, instantly and safely, for everyone.”
Collins is currently accepting waitlist registrations for Abeg Na. The app is scheduled to launch later in 2026.
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