general111:
when i saw mygeneration, i thought that was my monicker too..
I dont blame you for thinking we are the same..lol

LoL

Taeewo:
And why will core Investors withdraw their money and the system crash? Cant they continue trading with the remaining Investors money...How i wish i can get you location to give you dirty slap...U just dey talk like Ogokiri...God why?

They already have bills to pay for their various locations workers to pay, if core investors withdraw their money, next they start sacking staffs to cut cost and move back to smaller office smother panic would start, people will say this one they are sacking workers, this one they moved to smaller office.

Think like a business man no dae over talk

Support Nigeria Niger republic unity now.

We need to Merge into one country for a better Nigeria and Africa.

Juoflife1:
And I'm planning to go to their office today. They didn't pay November, now December too.

U didn't receive the memo they have closed for d Christmas

afroxyz:


What are you saying?
People are takung money from banks to put in MBA forex. Is it not to MBA's bank account that the money would be deposited. Or does MBA have its own fiat that they issue?
Even when they are trading forex, wont they need money domicilled in accounts to buy and sell currencies. You guys should stop this trash. Not everyone is stupid.

Imagine e have 10banks where 100 Nigerians bank. And we have 2 forex companies. And the 2 forex companies banks with only 3banks.

80Nigerians remove their funds and from the 10banks and put it in forex companies account, that means only 3banks are indirectly receiving funds leaving the other 7to suffer.

What do u think will happen as time goes on?

RealEzee:
why can't u give up 30% kwa, why do u peeps keep making this weak argument, isn't it personal discretion to share a certain percentage on ROI, even 2% ROI dey fail too, there is no biggies about the ROI,conventional banks make tons but give a tinny fraction to its customers yet foul play isn't spotted there cos it's the norm, or do you want to say the banks don't make tons and also lose too in their trades with customers money?

MBA has been paying its customers steady and lots of them have been benefitting prior to this temporal glitch, yeah I call it temporal till we see what happens next, mind you perception equally can make or ruin a business regardless of authenticity.

If mba forex crashes it's not because they couldn't pay but panic causes by fake news which made core investors withdraw their funds thereby crashing the business

Angelfrost:


The banks need to step up their interest on savings... They can't have their cakes and eat them.

Banks caused it, some months ago I said lemme invest in banks I put #1.5m into uba fixed deposit account after 30days they gave me #500 as interest rate... Imagine #500.

Now compare it with mba where I could have gotten over 200k in same 30days

Support Nigeria Niger republic unity now.

We need to Merge into one country for a better Nigeria and Africa.

general111:
this simple fact is what people are crucifying me for.it shows the how much ignorant nigerian youths are..
Right now banks are hustling for rex traders everywhere in nigeria, meanwhile some people are calling it ponzi ..
Those who called me a fool will soon eat their own words.

imagine just few banks host the account of majority of forex traders and majority of Nigerians have their money in the accounts of these forex traders.

Those few banks know it's a win win for them.


While the other few banks that these traders don't bank with are loosing out.

An impending crash on the banking sector was inevitable. The government went for d vulnerable target which is mba forex.

If there's a news which says mba forex crashes there won't be an outrage and the government won't suffer any form of criticism.

But if u hear 5banks crash the public will go haywire on the government they know this

amansi:
If you think FOREX, think to trade on your own. If you think you can escape poverty by handing your money to another person or company to do it for you, then your idle mind will land you into more chronic poverty.

Learn, learn and learn again in order to be self sufficient.

This is not true, u can escape poverty by handing your money to another person.

Just make sure you hand it to the right person

Ghostmode2two:
The news is bad as a result of what is happening and have happened in the past. Don't blame people

Imagine if u are already on panic mode and u hear they paid your friend your tension would reduce.

But if u hear they pay ur friend and u see this news on your tv you would think they paid few people and want to run away with other people's money

Cardinalpoint:
So it's government that made MBA forex to crash.

Really!

Wetin concern Nigeria government with this?

Imagine the man that had #30m in his account withdrew it all and put in forex.

That's him alone, imagine what thousands did too.

Most smaller banks that forex companies don't bank with are already suffering then imagine loosing funds cause their moneys are in mba forex accounts in bigger banks.

It would affect them and they might not be liquidated enough to carry out their activities.

The government knows that if that continues banks will collapse, to avoid a tragedy that will make the government look even more bad, they limit the amount of money that can be paid out by banks daily, a willing strategy to low key kill the forex industry especially mba forex as they are the biggest

If mba forex collapses the government won't take any blame but if 4banks collapse it would be like a big disagrace to the government

Sonyboom:

See a fools comment

How do u know the comment is false

Taeewo:
LYNUS ( MR )

.what he said is true...

I doubted it until people I know received.

But this issue imagine a tv station carrying it, investors would go haywire and try to withdraw their funds crashing the system

Bigfish121:
If they can't pay for the month of December it simply means that they are not trading.the company
I invest with are paying me for this month though the roi is small because of the holidays.by the new year the roi will go back to normal.

They can and would have, the issue is now affecting them on 2 ends.

Government limiting payment

Investors wanting to withdraw their capital based on the panic this kind of news will cause

jojofola:


A tech novice knows the difference between Forex & Ponzi.
Nigerians make more money from advertising Forex training than the actual trading.

Rest sir.

I know about that, alot of Nigerians who don't know about trading advertise it and try to teach und course without them participating.

Most people who tell u I made 10m from trading with forex that they want to teach u how for a small fee that's normally their line

Ghostmode2two:
OK and let's watch and see

The only issue here is this kind of news will create a panic, that will kill the system.

Cause everybody would want to withdraw their funds now this news is out

Ddokie:


Tell me more.

Ive been trying to learn this stuff for about 3 years now. I'm still losing. But i'm not giving up.

Forex trading is a very powerful stuff, the moment u learn it and master it, u are made for life unless an act of God was to happen.

Some powerful forex trading companies go as far as set up twitter bots that spread misinformation about something when it goes viral that misinformation has a strong effect on forex and before u know it they have cashed out already

Forex trading is real, am doing a masters in the UK though not on forex, I personally took it upon myself to research on it from our library.

This year lots of forex companies were supposed to cash out because of happenings.

Almost every news that gets out has an effect on forex, if oil price rises or fall it has effect on forex, even corona had effect on forex, even endsars protest had effect on forex, even oyigbo issue had effect on forex. The issue here is from the federal government.

Since they are limiting payment by mba forex deliberately they are low key trying to save it in order to save banks from collapsing.

The government knows if banks collapse under their watch it would be a national disaster so they go for d vulnerable target MBA Forex

Taeewo:
Chai oooo na wao... You said people no save money in bank anymore cus they are Investment in MBA...You need to go try visit Doctor.

There's truth in what he said.

Like the man who lost #30m, if not for mba forex that money will be in a bank somewhere.


But it's in forex trading account

Angelfrost:
A time will come when an average Nigerian will no longer be able to do online business...

Personally, once I see that the head of operations or owner of an online business is a Nigerian, I quickly beat a hasty retreat!!!

What the fvck is wrong with most of us??!...

The issue is not mba forex they are legit the issue is from the FG
The federal government are just trying to save the banks from further colapse.they have limited the amount of money mba can payout per day which is why they keep having issues paying peoples money..MBA is threatening to go to court as i speak now..
People no save their money in banks anymore, they take it to forex trading companies.

This their new policy is going to kill mba forex and make things bad cause people will start asking for their money

Ghostmode2two:
What baffled me in this country how people shout entrepreneurship up-and-down still they go into ponzi scheme. Are we deceiving ourselves or what?

Mba forex is not a scam the issue here is the federal government
The federal government are just trying to save the banks from further colapse.they have limited the amount of money mba can payout per day which is why they keep having issues paying peoples money..MBA is threatening to go to court as i speak now..
People no save their money in banks anymore, they take it to forex trading companies

authenticman:


What restrictions are you talking about? Enlighten me pls

The federal government are just trying to save the banks from further colapse.they have limited the amount of money mba can payout per day which is why they keep having issues paying peoples money..MBA is threatening to go to court as i speak now..
People no save their money in banks anymore, they take it to forex trading companies

This is bad o...


Mba forex is paying, arise news just made things worst cause investors will start demanding for their money thereby collapsing the system

Support Nigeria Niger republic unity now.

We need to Merge into one country for a better Nigeria and Africa

MondayOsunbor:


Come them send you

Them send me from the past to make Nigeria great

Support Nigeria Niger republic unity now.

We need to Merge into one country for a better Nigeria and Africa

Support Nigeria Niger republic unity now.

We need to Merge into one country for a better Nigeria and Africa

She's beginning to look like the reason why they call Nigerian women materialistic.

A date is not a shopping spree, it's where u go to know a person better, what is he buying her expensive bag for?

sultaan:
Nigerian women tend to get into a lot of drama at work, fighting with other black women then expect us to have their back, when the had used us for practise in the first place.

They go sleeping around with akata/married men but can't deal with the consequences of the lifestyle.
Nigerians are their own worst enemy, the notion to outwit the other guys tends to make us all suspicious of each other.
Nigerian women do well but when they do too well, they find themself alone, or loose the Nigerian identity

Do u stay abroad?

Support Nigeria Niger republic unity now.

We need to Merge into one country for a better Nigeria and Africa.

You stay at home for 9months and u want the government to pay u for staying at home.

If u have the country at heart u won't collect salary for 9months instead u will tell the fg to use that money to improve the education system