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AKPABIO: The Task Ahead

AKPABIO: The Task Ahead

In view of his appointmen...

In Rivers, It's High  Expectations From Amaechi

In Rivers, It's High Expectations …

Members of the All Progre...

This is Okwa A Cross River Village Where Pupils Sit On Bare Floor To Learn

This is Okwa A Cross River Village …

Think of a world with no ...

A'Ibom: Attah Had Better  Industrialisation Plans

A'Ibom: Attah Had Better Industria…

Ubong Idemudo is an Arab ...

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Recession: Nigerians Go Crazy With Wonder Banks, ...Ignore Counsel From Pastors, ...MMM Will Crash Soon -PH Pastor

Against growing concerns about the fluid nature of Mavrodi Mondial Movement (MMM), a ponzi scheme that has its origin in Russia, Nigerians are not only increasingly embracing its juicy 30 per cent returns on investment (ROI) offers but enrolling in several other similar ones like Zarfund, CrowdRising, GiversForum, UltimateCycler, ICharity, Helping Hands International (H2I), amongst others.

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... Higher Rewards, Higher Stakes, Long Queues At Bank Halls

There is growing interest in the various Ponzi schemes despite controversies and warnings from the House of Representatives, EFCC, and CBN to shun them. In fact, promoters and participants are becoming more resilient, as they stampede banks to donate or cash rewards on a daily basis. This craze, close watchers attribute to the competition among the various schemes to outdo each other by promising higher returns on investment (ROI). 

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