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Tag: mmm
The YNaija Cover – the 17th of May
Follow the links below to check out our latest stories and more:
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The Late 5: MMM founder, Mavrodi dies at 62, PDP apologises to Nigerians, and other top stories
These are the top five Nigerian stories that drove conversation today. Benue State governor, Samuel Ortom on Monday said the call for the declaration of a state of emergency in…
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MMM founder, Sergei Mavrodi dies at 62
Russian businessman, Sergei Panteleevich Mavrodi, whose pyramid scheme deprived millions, including Nigerians who lost billions, of their savings has died, aged 62. According to reports by Russian media, Mavrodi was…
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The Late 5: These are the stories that drove conversation today
These are the top five stories that drove conversation today. KOGI ASSEMBLY SPEAKER RESIGNS Following the attack by suspected hoodlums, the Speaker of the Kogi State House of Assembly, Umar…
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The return of MMM: Could this be yet another scam?
by Wareez Odunayo Russian world's largest Ponzi schemes of all time Mavrodi Mundial Moneybox, MMM participants have reason to smile again as the Ponzi scheme is set to bounce back…
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MMM returns with new strategy to woo Nigerians
Popular ponzi scheme, Mavrodi Mundial Moneybox (MMM) has launched a promotion campaign after collapsing few months ago. The scheme displayed a letter on the dashboard of participants, urging them to…
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MMM: Trader arraigned for investing customer’s money
by Omoleye Omoruyi Chukwuebuka Ezengwu, 21, who allegedly staked N286,600 sent to him by customers into the Mavrodi Mondial Movement (MMM) ponzi scheme was arraigned on Thursday in Lagos. Ezengwu,…
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How I lost N25 million to MMM – Mc Galaxy
by Azeez Adeniyi Singer and dancer, MC Galaxy has said he lost N25 million to ponzi scheme, MMM. In an interview with PremiumTimes, the singer said his manager convinced him…
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N18bn MMM loss, N3.5m donation | The 5 numbers that mattered this week
N1.3million - A suspected Boko Haram terrorist was found carrying this amount of cash and was arrested by the Nigerian Army in Borno while he was trying to gain entrance into…
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3 million Nigerians lost 18 billion to MMM: here’s how that happened
The Managing Director of the Nigerian Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has just made the claim that about 3 million Nigerians lost a total of 18 billion Naira…
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The YNaija Cover this evening – the 2nd of March
Read the full stories and analyses here, here and here now!
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We never learn: Nigerians lost N18bn to MMM, and now we’re looping in our losses
Did we see this crash coming? Yes, sure. Did MMM participants also see it coming? Hell yeah, they all did. But because Nigerians are built to be tough and unrelenting,…
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3 million Nigerians lost N18bn to MMM – NDIC
by Dolapo Adelana The Nigerian Deposit Insurance Corporation (NDIC) has said about three million Nigerians lost N18 billion to Ponzi scheme, Mavrodi Mundial Moneybox, popularly called (MMM). The Managing Director…
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The Late 5: These are the stories that drove conversations today
by Dolapo Adelana These are the top five stories that drove conversations today. 1. Osinbajo pays surprise visit to Lagos Airport, inspects facilities (WATCH) Acting President Yemi Osinbajo Thursday paid a…
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The YNaija Cover this evening – the 23rd of February
Read the full stories here, here and here now!
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MMM introduces new rules, to freeze participants’ accounts again
by Azeez Adeniyi Ponzi scheme, Mavrodi Mondial Moneybox popularly known as MMM has once again anounce that it would freeze accounts of participants and introduce new rules. In a statement…
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Man dies after drinking insecticide over MMM collapse
by Azeez Adeniyi A 37-year-old man simply identified as Adakole has died after attempting suicide following the crash of popular ponzi scheme, Mavrodi Mondial Moneybox, popularly called MMM, Daily Post…
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Dear Garba Shehu, Nigerians have 99 problems but a runaway boo isn’t one
Dear Garba Shehu, You had been silent for almost a week only to come back yesterday with the news and details of Donald Trump's call to your boss, President Muhammadu…
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The YNaija Cover this morning – the 11th of February
Read the full stories here, here and here now!
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Ebenezar Wikina: Meet the ponzi schemers [NEXT]
by Ebenezar Wikina 2016 was a tough year for many Nigerians. The economic recession, the fall of the naira, and many other challenges made Nigerians look for alternative means of…
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Woman commits suicide over MMM crash
A Benue woman, Glorai Samson has committed suicide over the loss of her investments in ponzi scheme, Mavrodi Mondial Moneybox (MMM). Gloria who has a husband and two children was…
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Timeline: Everything you need to know about the Apostle Suleiman “situation”
Founder of Omega Fire Ministries, Apostle Johnson Suleiman has been in the news this week - for reasons justifiable to others and to some, totally unacceptable. Over the weekend a…
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The YNaija Cover this morning – the 26th of January
Read the full stories and analyses here now!
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The Ynaija Cover this evening – the 17th of January
Read the full stories and analyses here now!
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Apostle Sulemon’s church sacks pastor for participating in MMM with church’s account
The Omega Fire Ministries WorldWide headed by Apostle Johnson Sulemon has sacked one of his pastors for participating in Ponzi scheme Mavrodi Mondial Moneybox (MMM) with the church name and…
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Reuben Abati: MMM, Sambisa and the boy died
by Reuben Abati Happy New Year, my brother” “What do you mean happy new year, more than two weeks into the New Year. Have I not been in touch with…
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Pretty Mike, Governor Ajimobi, MMM | Here are last week’s winners and losers
Last week's winners and losers were not hard to find. With their words and actions, each of them fixed himself in the appropriate category leaving us with little or none…
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The Big 10: These are the stories that drove conversations this week
These are the top 10 stories that drove conversations this week. MMM is back a day earlier Popular Ponzi Scheme, MMM Nigeria announced resumption of operations on Friday after going…
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Is MMM’s return on Friday the 13th ill fated?
Let's be honest. Oyinbos have their own jazz and superstitions. One of such is Friday the 13th. It is supposedly a day that brings ill luck. Or so they say.…
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The Late 5: These are the stories that drove conversations today
These are the top five stories that drove conversations today. 1. MMM Nigeria is back, unfreezes accounts Ponzi scheme, Mavrodi Mundial Moneybox, MMM Nigeria has unfrozen accounts of participants 24 hours…
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The September Standard
- RED CARPET! Amstel Malta at 30: A Sleek Celebration of Style and Legacy!
- Ugoccie: Where Afrocentricity Meets Street Style
- Uchay Joel Chima’s No Longer Afraid of Shadows Showing at Soto
- BBL vs. Size Zero: How The Era of Size Zero May Have been Trying To Save Women From Today’s Era of BBL
- This Week in Fashion: Our Favourite Looks From MET Gala, Bridgerton Premiere
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
The September Standard
- RED CARPET! Amstel Malta at 30: A Sleek Celebration of Style and Legacy!
- Ugoccie: Where Afrocentricity Meets Street Style
- Uchay Joel Chima’s No Longer Afraid of Shadows Showing at Soto
- BBL vs. Size Zero: How The Era of Size Zero May Have been Trying To Save Women From Today’s Era of BBL
- This Week in Fashion: Our Favourite Looks From MET Gala, Bridgerton Premiere
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy