Terms and Conditions

1. To be considered all candidates need to submit an application form and the application is then subject to casting criteria.
2. Due to the high number of applicants, only the applicants shortlisted will be contacted. However, we do consider all applications carefully.
3. Once shortlisted for consideration the organisers will do due diligence and background check on applicants, but ultimately the final selection for participation will be decided on a number of factors and the Producers decision is final.
4. Please note: Your information will be treated in the strictest confidence by Ultima and individual data will not be provided to any other party. All information provided is subject to and will be treated in accordance with privacy and data protection laws, including The Nigerian Data protection Regulation 2019, and will not be used for any purpose other than assessing applicants to take part in the programme.
5. We regret that Ultima members of staff and their immediate families are not eligible to apply.
6. All applicants must be 18 years and above to be eligible.
7. All Applicants must have an existing ECOBANK account or be ready to operate one.
8. Investment in the business is solely at the discretion of the lions’
9. Ultima shall not be liable for non-performance of any Lion.
10. A Lion shall be at liberty to pull out of any investment where he/she feels uncomfortable with.
11. Your personal data will be used by Ultima in accordance with privacy and data protection laws, including The Nigeria Data Protection Regulation 2019.
12. All personal data sent by you will be used for the purposes of selecting contestants for Lions’ Den, and the production and distribution of Lions’ Den, and will be retained by Ultima for the period necessary for it to use the data.
13. In the event of you being selected to take part in Lions’ Den and being offered investment by a “Lion”, Ultima will share your personal data with the investing “Lion” for the purposes of undertaking their own due diligence.