Barely a week after the ‘suspensioon’ of the ponzi scheme, MMM, a similar scheme, NNN, has commenced operations in Nigeria. It is believed that the new scheme is modelled after... Read more
Sergey Mavrodi, MMM, its founder, has written assured participants in the schemethat it woud surly bounce back in January, while slamming Nigerian media for fuelling panic in the system. He... Read more
China’s seemingly unstoppable assault on soccer’s $5 billion player trading market looks set to reach new heights as the January transfer window is about to open. Media reports in the U.K. s... Read more
The Head of Development Finance, Central Bank of Nigeria (CBN), Mr. Banji Akinola, has said that the controversial Mavrodi Mondial Moneybox (MMM), will soon crash no matter what anybody says... Read more
British government wants one of the governors elected on the platform of the All Progressives Congress, APC, Atiku Abubakar Bagudu of Kebbi State. He is alleged to have laundered over $515... Read more
The Managing Director, Nigeria Deposit Insurance Commission (NDIC), Alhaji Umaru Ibrahim, has said the commission and Central Bank of Nigeria (CBN) had set up a committee to look into the ad... Read more
ABUJA—After several months of exploration activities, Borno State has joined the league of oil-producing states in Nigeria, as the Federal Government, yesterday, said crude oil had been disc... Read more
In spite of the government’s warnings against it, many Nigerians continue to invest in Mavrodi Mundial Movement (MMM), a Russian company that was responsible for one of the world... Read more
THE Economic and Financial Crimes Commission (EFCC), Tuesday, reminded Nigerians of the several warnings issued to the public on the dangers of investing in the popular Ponzi scheme, Mavrodi... Read more
In order to douse the tension generated by the suspension of accounts by MMM, promoters of the scheme have urged Nigerians to remain calm as the one month freezing of all accounts of th... Read more