Oyo-Born Innovator Sodiq Ayobami Launches MyNetWorths, a Digital Wealth-Tracking Platform
An indigene of Ọ̀yọ́ Àlàáfin Kingdom, Sodiq Ayobami (Alaafin), has launched MyNetWorths, a digital platform designed to help individuals track their assets, calculate their net worth and monitor their financial progress in one place.
An Oyo-born innovator and technocrat, Sodiq Ayobami (Alaafin), has unveiled MyNetWorths, a digital financial management platform developed to help individuals gain a clearer understanding of their overall financial worth.
Ayobami, a prince from the historic Ọ̀yọ́ Àlàáfin Kingdom, is combining his professional experience in finance, technology and auditing to address a challenge faced by many hardworking people: knowing exactly how much they are worth.
For many individuals, wealth is not necessarily concentrated in one bank account or a single investment. It may be spread across land, buildings, vehicles, cooperative contributions, ajo savings, business inventory, cryptocurrency and foreign currency deposits. Although these assets may represent years of hard work, bringing them together to determine one’s actual financial position can be a difficult task.
MyNetWorths was developed to address this challenge by providing a private, digital balance sheet that enables users to organise their assets and liabilities and obtain a clearer picture of their financial standing.
The need for such a platform is particularly relevant in Nigeria, where fluctuations in the value of the naira and rising living costs can complicate efforts to measure financial progress. An increase in the naira value of an asset does not necessarily translate into a corresponding increase in purchasing power. MyNetWorths seeks to help users monitor their financial position over time rather than rely solely on the face value of their holdings.
Among its key features, the platform allows users to record different categories of assets, including land, buildings, vehicles, cooperative savings, ajo contributions and cryptocurrency, alongside other holdings across 15 asset categories. It also enables users to view their net worth in naira, US dollars, British pounds and euros, offering a broader perspective for individuals with financial interests across different currencies.
Another feature allows users to take monthly financial snapshots and observe changes in their net worth over time. This can help individuals assess their financial progress, keep track of asset values and develop a better understanding of their long-term financial position.
Privacy is also central to the platform’s stated approach. MyNetWorths is designed as a read-only financial tracking tool, meaning users do not need to provide their bank login credentials, and the platform does not move or handle their money. Instead, it provides a means of recording and reviewing financial information without giving the platform direct control over users’ funds.
Built in Ogbomoso, Oyo State, MyNetWorths is being introduced as a solution for users in Nigeria, across Africa and in the diaspora. Its development reflects the growing contribution of indigenous innovators and technocrats to the creation of digital solutions that address everyday challenges.
For Ayobami, the launch represents the beginning of a journey rather than the completion of a project. The platform is currently in its first version, and early users are being invited to explore its features and provide honest feedback that can inform future improvements. Access is being offered free of charge to early users.
The introduction of MyNetWorths also draws attention to the importance of financial awareness in an increasingly complex economic environment. While income and visible possessions are often used to measure success, a more complete understanding of personal wealth requires an assessment of assets, liabilities and how their values change over time.
For individuals who own property, operate businesses, contribute to cooperatives or maintain savings across multiple accounts, having a consolidated financial record can provide a useful foundation for planning and decision-making.
Although tracking net worth alone cannot guarantee financial growth, it can help users better understand their current position and make more informed choices about their financial future.
As an Oyo-born innovator with professional expertise spanning finance, technology and auditing, Sodiq Ayobami (Alaafin) is bringing this vision to the digital space through a platform designed around the realities of how many Africans accumulate and manage wealth.
Interested individuals can explore the platform and begin organising their financial records by visiting https://mynetworths.com.
Sodiq Ayobami (Alaafin) is the Founder of MyNetWorths and Chief Consultant at Eworldlab International.
The launch is another opportunity to spotlight the ingenuity of Oyo indigenes and the potential of homegrown innovation to produce solutions with relevance beyond their immediate communities.
Ajisebi Oyo Radio celebrates indigenous innovation and the contributions of Oyo-born technocrats to Nigeria’s technological and economic development.