MMM Nigeria Donates N2m To Hospital Patients In Ibadan (Photos)

THE MMM Nigeria, a community of mutual aid and donation exchange on Thursday donated about N2.5 Million to hospital patients in Ibadan, the Oyo State capital who are suffering from deadly ailments and without hope to settle their hospital bills. According to one of the members, Eleyele Benjamin said MMM’s “Save a life” Charity programme … Continue reading MMM Nigeria Donates N2m To Hospital Patients In Ibadan (Photos)

MMM Office Beats Top Websites, Becomes The 6th Most Visited Website In Nigeria

Despite the campaign by the House of Representatives, Central Bank of Nigeria, Nigeria Deposit Insurance Corporation and other financial bodies against the viral Ponzi scheme, Mavrodi Mondial Movement, MMM, it has has continued to flourish due to the seeming hunger to make quick money. MMM rides on the wings of belief, greed and a failing … Continue reading MMM Office Beats Top Websites, Becomes The 6th Most Visited Website In Nigeria

House of Reps Order EFCC to Arrest ‘MMM’ Promoters

It is bad news for the promoters of Mavrodi Mondial Moneybox, otherwise known as ‘MMM’ in Nigeria as the House of Representatives on Wednesday, ordered the Economic and Financial Crimes Commission(EFCC) and the Central Bank of Nigeria (CBN) to immediately go after the promoters. It specifically asked the EFCC to arrest MMM promoters and prosecute … Continue reading House of Reps Order EFCC to Arrest ‘MMM’ Promoters

FG Moves To Shut Down MMM Operations In Nigeria

The Federal Government of Nigeria has initiated moves to shut down MMM operations in Nigeria. Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, said regulators have set up a Committee to stem the nefarious activities of the fraudsters across the country. “I wish to sound a word of caution to members … Continue reading FG Moves To Shut Down MMM Operations In Nigeria

‘MMM Is Fraudulent Scheme’, CBN Warns Nigerians Again

The Central Bank of Nigeria on Monday again warned Nigerians against patronising what it called ‘wonder banks, stating that their activities were not regulated by it. The Head, Consumer Protection Department, CBN, Hajiya Kadija Kassim, stated this during a mentoring programme for students of the Government Secondary School, Suleja, Niger State. The apex bank’s warning … Continue reading ‘MMM Is Fraudulent Scheme’, CBN Warns Nigerians Again