careytommy37:

.
How do you live with so much negativity?
Do you think stocks of N2 don't crash?

In my own personal analysis, as long as the value of the naira remains unstable, MBA Forex will continue to survive. The reason MBA is so profitable now is because of the economic instability created by PMB since 2015 which has led to the continuous free fall of the Naira.
The stability of the naira will mark the beginning of the end for Forex generally.
But you know the Naira is not becoming stable anytime soon

suprememoney:


Hello, I've rented a room and parlour self-contained already. You can send message on the whatsapp number above if interested.

I'm sorry for my late response.

Blitzerz:

Wow nice one.

Please which forex signals service is that?
I will like to know.

I have used several ones in the past.

atigro:
A woman, Nkechi Mercy Ikogwe alongside two companies, Elites Finance Investment Limited and Efinc Global Investment Limited, were on Monday arraigned before Justice E.A. Obile of the Federal High Court sitting in Port Harcourt, Rivers State over alleged N179 million fraud.

The Economic and Financial Crimes Commission (EFCC), Port Harcourt’s Zonal office arraigned them on a three-count charge bordering on conspiracy and obtaining money by false pretence contrary to Section 1(1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14, 2006 and punishable under Section 1 (3) of the same Act.

The woman was said to have used the sum of N139,704,097 she allegedly defrauded subscribers to play sport betting and also paid tithe of N1 million to a church in Port Harcourt, Rivers State.

One of the counts against the defendants read: “That you Nkechi Mercy Ikogwe, Elites Finance Investment Limited and Efinc Global Investment Limited sometime in 2019 in Port Harcourt, Rivers State within the jurisdiction of this honorable court with intent to defraud, obtained the sum of One Hundred and Seventy Nine Million, Three Hundred and Twenty Six Thousand, Three Hundred and Eighty Six Naira,Sixty Two Kobo (179,326,386.62) by inducing unsuspecting members of the public to invest with your companies: Elites Finance Investment Limited and Efinc Global Investment Limited, assuring them under a false pretence of making 15% interest on all investment made, a representation you knew to be false, and thereby committed an offence contrary to Section 1(1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14, 2006 and punishable under Section 1 (3) of the same Act”.

The defendants pleaded “not guilty” when the charges were read to them.

In view of the plea by the defendants, prosecuting counsel, K.W. Chukwuma-Eneh prayed the court to fix a date for commencement of trial.

But counsel to the defendants, G.N. Godwins moved an oral application for the bail of the defendants which was opposed by the prosecution on the ground that the application must be in writing, and properly addressed to the court.

Justice Obile ordered that the 1st defendant, Ikogwe be remanded in prosecution’s custody and adjourned the matter till October 19,2020 for determination of the bail application.

Mercy ran into trouble when the commission received a report about the defendant and two others, accusing them of inducing their victims into participating in a fraudulent investment scheme with a fake promise of 15 per cent return on investment.

Over Fifteen Million Naira (N15,000,000.00) was paid by the unsuspecting ‘investors’ into the defendant’s accounts, Nkechi Mercy Ikogwe with account numbers 2087478165 domiciled in Zenith Bank and Miss Joy Okari Ibiala 2099253758 domiciled in UBA

Further investigation revealed that the defendant spent a total sum of N139,704,097 collected from subscribers to play sport betting and also paid tithe of N1m to a leading Pentecostal church in Port Harcourt.

Source:
https://www.ripplesnigeria.com/woman-defrauds-victims-of-n179m-uses-n139m-for-sport-betting-n1m-to-pay-tithe/

DrinkWater10:

Senior man do you still buy and transfer domain names on networksolutions?

emmanuelewumi:


Never invested in MMM, so I don't know if they used personal or corporate accounts

Ufemia26:


Exactly my point to her. Her advisement should be for people investing in businesses they ain't sure of or Ponzi schemes. I will really love it if MBA get listed on Nigeria stock exchange someday.

wordbank:

Port Harcourt.
Well I still look forward to receiving mine

Did you invest?

wordbank:
Please house,

I invested with XIMAFX first week of April,2020. I was expecting ROI but what I got is one month of no payment and their reason is their office is temporarily closed because of covid-19 and to be reopened on the 14th of May,2020.

Prior their resumption, I received a text stating they are refunding capital to all investors starting from those that haven't earned since they invested which is the category I fall in.

Now my question is
Has anyone received their capital from XimaFX?

w3live:
I joined Ximafx recently. After joining, I received a message from them telling about the reduction in monthly ROI. Later on, I received another message saying they are refunding investors' capital.

I applied for a refund and was paid the following day.

They are genuine. Fraudulent companies do not do what Ximafx did by refunding my capital. 2.5million Naira. I was like .

They're legit and I would not hesitate to invest with them if they bounce back because of their honesty and integrity.

ogawisdom:
Whoelse got the SMS on one month suspension of Roi starting from 11th may due to total lockdown in pH

baysan:
I need a urgently shared apartment around yaba, ojuelegba, lawanson idi-araba mushin..where i can pay monthly..

semisola:
Pls who can give me MBA forex address in owerri. Thanks

showreals:
This Thread is more interesting than world Economics right now.

Tee24:


I just received my first ROI. Thank you.

eezeribe:
I just received my 5th alert from MBA.. I am a Lagos investor, Lekki precisely.

Tee24:


I was supposed to receive my first ROI yesterday but I didn’t get any alert and I’m a Lagos investor. I felt probably because it’s a Sunday but after seeing this, please should I be worried �

solreb:

They are not banks. In the next 1 week plus the lockdown will be over. Then we will see. I planned to inject N4m more but will hold on for now

chimex001:
What’s happening to Ximafx? I learnt they have cut ROI from 20 down to 10% hope MBA is safe!

grossintel:
When taking risks, look out for a soft landing spot just in case you fall. Failure to do so then you're just plain stupid. Stupid is not an insult, it's a description.

grossintel:
There is nothing to come up with, There are a lot of false claims about this company from being regulated by SEC, CBN to EFCC to being insured all are false and there is no single document to prove it, they also took it down from their website FAQ section.

Calling for SEC to regulate Forex trading doesn't mean the SEO of MBA wants them after his company, he knows SEC isn't ready for that and probably won't be in years, but SEC still holds the power to shut down or halt MBA activities so take note of that.
MBA system is to appear as a Forex trading company, but behind the scene is only Paying people from other people's money. No genuine company, I repeat no genuine company will give you 15% ROI every month trading Forex, it's too high and risky to guarantee such stability! Some people think 15% is low, you have no idea how it works. What is ideal is 1% - 4% a month, they know you won't take that so they promise 15% and do something else with your money instead. Of course, some people will say they make 50% 100% a month trading Forex, but they won't tell you how much money they've lost taking such stupid risk. Even the best forex traders make around 45% a year. MBA should come clean which I don't think they will ever do, so as you're investing with them just keep it in mind they will park up soon and you and your money will be separated.

Joevics:


I'm a Nigerian saying SEC has abandoned the original purpose for it's creation.

This is an article from SEC in 2018 about regualting forex trading. Up till today nothing has been done.
https://sec.gov.ng/public-notice-online-retail-foreign-exchange-forex-trading/

Forex trading is legal. Nigerians are investing into these platforms. The essence of creating SEC isn't to issue warnings, but to create regulations to protect investors.

Read this article and you'll understand my grievances. https://financefeeds.com/market-regulation-challenge-hinder-retail-fx-growth-africa-guest-editorial/

South Africa and several other African countries with less daily trades than Nigeria already have FX regulations. But the SEC is dragging it's feet.

The question is WHY?

aremso:


its sha eventuality some are waiting for！ na wa oo

Joevics:

SEC doesn't have the modalities to regulate MBA and other forex platforms, and they are too lazy to copy what SEC in other countries are doing.

The CEO of MBA has been asking SEC to set up modalities for a long time (https://businessday.ng/companies/article/stakeholders-call-for-enhanced-forex-regulation-to-combat-fraud/).

You should know everything in this country is padi-padi. Giving credence to forex Investment platforms may strip investors from stockbrokers and firms who have people in SEC.

airsaylongcom:


If your due date is 21st then your maximum top up date would have been 28th. Your due date is day one of the 7 days. Your top up should reflect in your next ROI though just follow up with your account officer

triplec93:
pls I just did a check on sec and i saw a memo stating that mba forex investment is a scam, pls I want to be clarified on this.Please I need an urgent clarification because I'm an investor.

IWealthCreator:
Looking for a car to use on uber or bolt, i am currently a platinum rated driver on uber.
I reside within ikeja in a gated apartment.
I am willing to pay an assurance desposit of N100k to N200k, please let me know what is possible.
Thanks.

grossintel:
I reply to mentions when I'm moved to, there's nothing wrong if anyone thinks I'm a clown it's his/her business. Every great man on earth sounded crazy at some point, Isaac Newton, Leonardo Da Vinci, Tycho Brahe. Sometimes it speaks of extreme intelligence, there's no point over emphasing on this topic, those who will listen will listen and those who won't listen will learn at the end hopefully , I have more important things to do than reply every mention so if I don't respond now I would later, have a nice day.

coolangel54:
100% correct. The place is quite big and has a warm receptionist at the frontdesk with several offices well labelled. The A.C sef chilled my spirit yesterday cos the heat was hell. It's opposite Dangote by the express, before MTN when coming from Summit Junction/Koka.
Going back tomorrow to initiate my first investment with them. Fingers crossed.