We Will Raise Authentic Capital – Etisalat Nigeria Assures Customers Of Continuity

Etisalat Nigeria
The Etisalat Organization in Nigeria said, it had started off on the paperwork to raise fresh capital to fortify its operations. Mr. Boye Olusanya, the Chief Executive Officer, Etisalat Nigeria, said that the company was also aiming at getting back on the track to making more profits. Olusanya, a former Celtel (now Airtel Nigeria) executive, took over last week as…Read More

JUST IN: Etisalat Pulls Out Of Nigeria After Failing To Resolve $1.2bn Debt

Etisalat Nigeria Collapses, Shutdown
Embattled Telecommunications brand, Etisalat has put to an end its agreement with the Nigerian arm and given the business time to phase out the brand in Nigeria. The Chief Executive of Etisalat International made this known on Monday, July 10. Nigerian regulatory bodies had intervened last week to save Etisalat Nigeria from the foreseen meltdown but talks with its lenders…Read More

CBN To Start Charging For Deposits And Withdrawals

CBN To Start Charging For Deposits And Withdrawals
In spite of the ongoing recession that is spreading across the country, the Central Bank of Nigeria has decided to reintroduce bank charges for deposits and withdrawals from April 1st 2017. Banks will from that date begin to charge individuals 1.5 per cent and two per cent for deposits and withdrawals between N500,000 and N1m. Individuals depositing or withdrawing N5m…Read More

China Demands Dry Yam From Nigeria To Meet Industrial Needs

China Demands Dry Yam From Nigeria To Meet Industrial Needs
The Chinese government has shown keen interest in Nigeria's agriculture products by demanding dry yam to meet industrial and domestic needs. This was disclosed by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, Thursday, in Abuja, which a technical working committee was inaugurated to fast track the exportation of yam by July 2017. The Minister said Nigeria has…Read More
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At Last! MMM Nigeria Returns A Day Behind Schedule

MMM shut down in Nigeria
Ponzi scheme, MMM Nigeria is pleased to inform participant that they're open for business a day earlier than promised. Read statement:Read More

Naira Faces Further Decline On Continued Dollar Scarcity

Naira Faces Further Decline On Continued Dollar Scarcity
The naira is set to witness another round of decline against the dollar in the days ahead as expected increase in dollar flows from Nigerians living abroad coming home for holidays fell short of expectations. The local currency closed at 490 to the dollar on Friday, from 495 against the dollar last Friday at the parallel market, Reuters reported. In…Read More
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7 Good Reasons Why MMM Nigeria Will Never Return

7 Good Reasons Why MMM Nigeria Will Never Return
It is no longer news that on December 12, Operators of MMM in Nigeria froze mavros on MMM stating that its action was due to panic and heavy anti-MMM reports by the Nigerian media. Now, here are 7 solid reasons you should believe that MMM Nigeria is gone for good: 1. There’s no central account. This implies that the so…Read More

MUST READ: How We Crashed MMM Nigeria

MMM shut down in Nigeria
The Ponzi scheme (MMM) which has gained maximum attention in major countries in Africa is under fire by the Nigerian media to have allegedly crashed and carted away with billions of Naira owned by vulnerable Nigerians. MMM Nigeria on 13th of December 2016 announced on the PO of every member that starting from that day been 13/12/2016 that all confirmed…Read More
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Account Restriction: MMM Makes New Official Announcement Amidst Controversies

Account Restriction: MMM Makes New Official Announcement Amidst Controversies
The leadership of MMM Nigeria has released an official statement as regards the freezing of active accounts of users to protect the fragility of the Ponzi Scheme during the yuletide. As subscribers of the controversial Mavordi Mondial Moneybox wonder bank reel in panic over the restriction of accounts till the 13th of January, 2017 to curtail the heavy transactions by…Read More
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GTBank Drags Federal Lawmaker Who Collected N130m Loan And Disappeared

GTBank Drags Federal Lawmaker Who Collected N130m Loan And Disappeared
A federal lawmaker, Hon. Samaila Suleiman has been accused of bridging his contract with the bank. In a letter to the Speaker of the House, Yakubu Dogara, GTBank described the lawmaker as a dubious character who took a loan from the bank to offset another loan with United Bank of Africa (UBA). After collecting the loan from GTB, the lawmaker…Read More

MMM: Founder Writes FG, Discloses 3 Million Nigerians Participate

Sergey Mavrodi
Founder of Mavrodi Mundial Movement (MMM), Sergey Mavrodi, has written an open letter to the Federal Government, accusing President Muhammadu Buhari led administration of unpaid salary arrears to civil servants in the country. The letter came following barraged of attacks on the scheme by the House of Representatives, Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN),…Read More
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MMM Nigeria Issues New Directive For The Christmas Period

MMM Nigeria Issues New Directive For The Christmas Period
In 2016 the MMM Community united millions of people in Nigeria. Regardless of their age, social status, ethnicity or confession, millions of Nigerians help each other with MMM and change their lives for the better. And we will do our utmost to make the new year even better than the last one! On the occasion of the upcoming holidays, we…Read More

Access Bank Warns Customers Over MMM Ponzi Scheme

Access Bank Warns Customers Over MMM Ponzi Scheme
One of Nigeria's leading financial institutions, Access Bank has warned its customers to be careful of any deposit money institution that is not insured by the Nigeria Deposit Insurance Corporation (NDIC) In a letter the bank sent to its customers, Access Bank cautioned that those involved in the controversial ponzi scheme, MMM, adding that the customers who are involved in…Read More

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