Pylony's Posts
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permanentgrace:ride on, and don't come here crying foul. |
Indeed, some Hotel owners are into this ritual bull *shitt*. After eating prison meals worth thousands of naira all this while, bought using tax payers money they now get tired of him and took him to the gallow. |
Chibuhealth:That is how the Nigerian judiciary is run in a snail speed, where most a times justice is never server to its logical conclusion. |
They want to start regulating the internet like China since Africa as a continent "sabi copy copy" and eye service on every thing.. |
ryd3:Tell us one country that embraces MMM as its banking system? Its a Ponzi scheme that will some day shrink with your hard earn cash then you'll wake from that slumber. |
Gbengageorge:Enjoy it with your mates while it last. МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, in the 1990s. By different estimates from 5 to 40 million people lost up to $10 billion. The exact figures are not known even to the founders. MMM was established in 1989 by Sergei Mavrodi,[2] his brother Vyacheslav Mavrodi, and Olga Melnikova. The name of the company was taken from the first letters of the three founders' surnames. Initially, the company imported computers and office equipment. In January 1992, tax police accused MMM of tax evasion, leading to the collapse of MMM-bank, and causing the company to have difficulty obtaining financing to support its operations. Faced with difficulties in funding its foreign trade, the company switched to the financial sector. It offered American stocks to Russian investors, but met with little success. Later, MMM-Invest was created for the purpose of collecting vouchers during privatisation. This effort was similarly unsuccessful. MMM created its successful Ponzi scheme in 1994. The company started attracting money from private investors, promising annual returns of up to one thousand percent. It is unclear whether a Ponzi scheme was Mavrodi's initial intention, inasmuch as such extravagant returns might have been possible during the Russian hyperinflation in such commerce as import- export.[citation needed] MMM grew rapidly. In February 1994, the company reported dividends of 1,000%, and started an aggressive TV ad campaign. Since the shares were not quoted on any stock exchange and the company itself determined the share price, it maintained a steady price growth of thousands of percent annually, leading the public to believe its shares were a safe and profitable. |
Gbengageorge:The Last time i checked you could not answer my Simple Question concerning what product and services the said MMM business have in stock leading to a dash of high interest to it's investors free cash. Besides, our banks render one important service which is to give out Loans and it's expected you pay back with interest. You expect our governors to now go and invest workers salaries into MMM for the sake of the huge interest, chaii hahaha. Infact, from issuians of Loans etc, they earn from this singular service. Even the CBN has warn Nigerians to stay clear of MMM, wonder bank or all those non-regulated financial schemes that at last shrink over time and disappear with people's hard earn cash. We saw that happening back in 2012 when similar tricky schemes came up in lots of Nigerian cities with a differen name, and are now back. Now Back to your question above, which you pull wanting to equal the practice in your WONDER-BANK which lack any form of regulation from any Government institution and our Banks that are backed by the CBN. No wonder, because they promise you mouth watering interest on your small naira, you can put in your church offering in to it to yield millions only to be suprise. Keep dreaming until you wake from your slumber. |
millionboi:Stop making me laugh with your wonder-bank advert. If you do not know what you as an investor is investing on to get the so call "gain" as you puts it then you'll soon be on "a longgg thing" in the name of investment on a ghost product and services you know nothing about.. MMM is like taking funds from Mr A and B and adding to Mr C in the name of Investment. When they began to close shops i'll come here to laugh at you and the rest of you, for definately they'll soon begin to shrink when people understand what they have as Investment when they lack a true product to show. |
dre11:When i said MMM is a scam here on NL i was under attack from maybe potential agents protecting their very own interest. |
Man made catastrophy every where you checked. |
Chaii only fellow guys will understand how painful it is to be grap at that precious part of the body. Hmmm! Seriously, if your balls have being under arrest during a fight, true true, you go reach gate of heaven and back in one second no be lie. |
billyG:The genesis of Biafra here began in their boxers.. It means no be small holding and tearing of joysticks go dey happen after BIAFRAN independence o. |
dingbang:Defination from the oxfort dictionary of Afonja english(1963): Na that kind pot wey ppl fit keep or park dem smelly things. Eg shit. ![]() |
Boobs! boobs!! boobs!!! A day is not complete on NairaLand with out a Boob palava. Some will die because of Boob wahala.. Na waa ooo. |
Suicide bombers are zombies from the bottomless part of hell. |
The recession most have set in on you ![]() |
KELVINXY:Where are they? |
sarqwest:who wants to know? |
Why would i take it back when i've never giving it out in the first place? |
This royal armpit most have being a sweat borehole. When ppl have the money to waste, they do so on things that can't change them or any body. |
Ioannes:South south is independent of any Biafra mentality |
At the time of recession, they rather plunged in religion on governance and sink in billions of naira doing so than using it to reduce the hardship experienced by the masses. Indeed, religion is the opium of the poor. |
maiquel:Just take a walk.. ![]() |
Will Talking Trump like one prophet change the price of garri in Nigerian Markets?? Let them deal with their palava over there, we have our own here to deal with. |
Such ladies are always happy to marry old hag rich men becos they have only one key agenda at heart, to bite part of his wealth with the faith that he will soon be going down six foot below sea level. sha, many of us know how Baba IBB got his Wealth, so you don't need to smell the bad onion from my mouth about how his ugly drama unfolds from its genesis. A story for another day. |
Hmmm! Na wa for Nigerian politicians, they keep entertaining us. See how a Big black pot is calling a kettle black.. ![]() |
maiquel:Just take a walk, no one begs you for any "NL Mention, no medals comes with it .." ![]() |
We'll start appreciating it when we as a nation stop importing toothpick and matches from China and else where. |
maiquel:If you can't understand, just take a walk. |
But how sadly Nigerians have become so unpatriotic to mother land that we see flags turning into rags as the fly at half mass. |
We are waiting, just tear it before Nigerians and glue it with one dollar super glue made in U.S for own ward use in America. it maybe that Trump will end up a saint than all the ills he may state during his campaign. |
DeeTus:Even me na so i see am o ![]() |
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