The below terms are better explained for viewers' understanding and are found when you log in to your Veelage account.




  1. Total Account Opened: Is the total number of accounts (Active and Inactive) opened using the Veelager's Referral ID/Code


  2. Total Active Account: This is the total number of active accounts only under the Veelager for the month under review. An active account is an account with a minimum daily average balance of N2,000 in a month


  3. Total Average Balance: is the total average balance on all funded accounts (active and inactive) opened using Veelager's referral code for the month under review


  4. Total Closing Balance: is the closing balance on all funded accounts (active and inactive) opened using Veelager's referral code for the month under review


  5. Previous Active Account: This is the total number of active accounts only under the Veelager for the previous month.


  6. Previous Average Balance: is the total average balance on all funded accounts (active and inactive) opened using Veelager's referral code for the previous month


  7. Monthly Earning: Is the commission earned by the Veelager for the month under review (present month)


  8. Next Payment Date: is when the next Veelager commission will be paid. However, Veelager commission is paid within the 1st to the 3rd working day of the preceding (next) month


  9. Your Referral Code: a Veelager's unique identifier, Veelager must ensure all customers referred open their respective accounts using this code


  10. Total Remuneration: All commission earned so far by a Veelager