Category Archives: Business

“NIGERIA Banks Have Crashed”, People Cry Out As They Can’t Withdraw Cash (MUST SEE)

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According to MMM Crusaders online Nigerian Banks Have Crashed:

Guys you see what happened in some banks in Nigeria…

POOR POWER SUPPLY: Discos Can’t Account For The Bulk Of Revenue From Electricity Consumers — NBET MD

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THE Senate has vowed to unravel how N213bn Power Intervention Fund was disbursed. It also asked urged its Senator Enyinnaya Abaribe-led Committee on Power, Steel Development and Metallurgy to conduct a holistic public hearing into declining electricity generation in the country that currently stands at 3,000 megawatts.

MMM Runs To Kenya After Swindling Nigerians, Promising 40% Return On Investment

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After conquering South Africa, Zimbabwe and Nigeria, MMM has taken its message of 40% return on investment to Kenya.

EFCC Reply Nigerians Asking What They Are Doing About MMM Nigeria ‘Crash’ [Read Their Tweet Reactions]

mmm-and-efcc-740x431Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission, EFCC, has replied a Nigerian who accused the agency of “doing nothing” in the face of a possible crash of the wildly popular pyramid scheme, MMM.

See How Nigerians Out Of Their Stubbornness’ Trapped Over $700m In MMM Crash

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The fear of many on the credibility of Mavrodi Mondial Money box (MMM) may have become true as more than $700 million belonging to Nigerians, who patronize the money spinning outfit has been entrapped.

MMM Dashes the Hope of over Three Million Nigerians This Festive period As The Scheme Crashes Completely [Details]

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About three million Nigerians who are participants of the MMM Ponzi scheme are in panic over the loss of their investments as the scheme froze accounts, making it impossible for members to withdraw their money.

This Open Letter From MMM CEO, Sergey Mavrodi To The Nigerian Government Authorities Is A Must Read To Every Participant

Dear Honorable authorities,

So far MMM has come under a constant attack from you. In this regard, I would like to ask you a few simple questions. Since you are concerned with the interests of millions of your fellow citizens, I hope that you would be so kind to answer them.

BREAKING: Access Bank Drops Shocking Statement About MMM – See What They Told Their Customers

At a time when there are growing apprehension that the Mavrodi Mondial Movement, MMM, scheme is fraudulent, Access Bank of Nigeria has warned its customers to avoid dealing with it.

BREAKING!! MMM Set To Crash Soon – See The 3 Dangerous Trends That Will End This Scheme (Nigerians After Reading This You Will Quit This Sh*T Immediately)

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There is so much hunger in the country and recession has forced almost every Nigerian to invest or put their money in one or two networking business. Out of all the networking sites, MMM is the largest and widely visited.

SPONSORED: Something Bigger Hits Nigeria! Get Help Worldwide Takes Over As MMM Nigeria Faces Ownership Crisis

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You declare the willingness to Give Help (click on “Provide Help”), type in the amount you wish to Provide as Help either in your Local Currency or in Bitcoin after which your account will be rewarded with One Time Registration Bonus (depending on amount of Help Provided).

Read the full details below…

WHAT ARE YOU AFRAID OF? LET ME HELP YOU BECOME FINANCIALLY INDEPENDENT, YOU CAN START HERE WITH A $2 INVESTMENT AND MAKE $100 WITHIN TWO DAYS

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Igbo Traders Explain – Why We Import Cheap Commodities From China

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•Chinese make products affordable to poor Nigerians

•Blame SON, smuggling for fake products –Importers

•Fraudulent importers circumvent SONCAP—SON

•We don’t exit consignment without SONCAP –Customs

As fake and counterfeit products continue to flood Nigerian markets, despite the presence of the regulatory and security agencies at the nation’s gateways, Igbo traders who have been accused of going to China to import fake products, say they go to the Asian country to import cheaper products and not fake.

Ericsson Lays Off 160 Nigerian Workers, Recruit Indians

sonyEricsson Nigeria, the local subsidiary of the global telecommunications solutions provider, has disengaged about 160 permanent and outsourced workers in its Network Operating Centre, investigations have shown.

It was gathered that disengagement, which takes effect on Sunday, December 4, 2016, affected 55 full-time employees of the company.

Global Entrepreneurship Index Says – Namibia Has The Friendliest Environment For Entrepreneurs In Africa

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The Ashish J Thakkar Global Entrepreneurship Index has ranked Namibia the best country in Africa for prospective entrepreneurs to invest because the South African nation has the best enabling environment in the continent.

Naira Regains Strength Marginally At Interbank Market

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The Naira on Wednesday appreciated marginally against the dollar at the interbank market, gaining 25k to exchange at N305.

The Nigerian currency closed at N305.25 on Tuesday.

Trading on the floor of the Bureau De Change saw the Naira sold at N399 to a dollar, CBN controlled price, while the Pound Sterling and the Euro closed at N585 and N506 respectively.

CBN Governor Tells Nigerians – You Will Start Paying Tax On Phone Calls Above 3 Minutes

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The CBN Governor Godwin Emefiele is back again in the news (Not like he ever left). The CBN Governor was a keynote speaker at the annual Bankers Committee Dinner and delivered a speech about alternative source of revenue for the government.

UNREST EVERYWHERE!! Moments after DSS Raided Bureau De Change Offices In Anambra State And This Happened Next

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The Department of State Service (DSS) in Anambra on Friday raided some markets in Awka and Onitsha in search of illegal foreign currency hawkers. A trader at the Eke Market in Awka, under condition of anonymity, said that some hawkers of foreign currencies were arrested.

WHAT EFFC TOLD FG ABOUT MMM NIGERIA IS A MUST READ

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THE Tropage reported that there are indications that EFCC may not be able to go after MMM promoters in Nigeria as they see them as people going about their own personal and private business which is not illegal. According to their reporter from a source in EFCC.

CAC – Nigerians No Longer Need Lawyer To Register Their Businesses

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The Registrar-General of the Corporate Affairs Commission (CAC), Bello Mahmud, has said Nigerians no longer need a lawyer to register their businesses with the commission.

HERE’S WHY CBN IS AGAINST “WONDER BANKS” ESPECIALLY MMM NIGERIA

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The Central Bank of Nigeria on Monday warned Nigerians against patronising what it called ‘wonder banks’, stating that their activities were not regulated by it.