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Nigeria is leading South Africa in net foreign reserves as that of the West African country hits $47.37 billion in March to beat South Africa which has $43.15 billion.

Nigeria which recently recovered from economic recession with less than $21 billion in foreign reserves has built up its reserves massively over one and half years. The increase in the country’s foreign reserves is reported to have stabilised its foreign exchange which had gone haywire in the past.

South Africa’s reserves fell to $43.115 billion in April from $43.384 billion in March, the Reserve Bank said on Tuesday. The forward position, which represents the central bank’s unsettled or swap transactions, was lower at 1.933 billion dollars from 1.996 billion dollars in the previous month. “The decrease of 440 million dollars in the gross reserves reflects the foreign exchange payments made on behalf of the government and the appreciation of the U.S. dollar against most currencies,” the central bank said. Nigeria’s new figures rose from about $46.2 billion realised at the end of March.

The CBN Governor, Godwin Emefiele, announced the new balance in the reserves at the opening of the 25th seminar for Business Editors and financial Correspondents in Uyo. Mr Emefiele, who was represented by the newly appointed deputy governor, Corporate Services, Edward Adamu, said the CBN hopes to meet the $50 billion target before the end of the year.

SOURCE: https://www.vanguardngr.com/2018/05/nigeria-leads-south-africa-foreign-reserves/

What of our foreign debt? does it make sense to have huge reserve with more huge foreign debt?

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seunmsg:
The truth is that the military cannot fully fight terrorism without pockets of human right violations. Terrorist dont care about human rights or rules of engagement when they attack, they deserve no good treatment.

Human right violation is not peculiar to Nigeria military alone. The US military severally violated the rights of Iraqis, Afghans etc in their war against terrorism. Trump himself is an advocate of waterboarding as a means of torturing terrorist suspect. The west should stop pontificating over what they are guilty of.

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APC e-writer well done
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That Is the only way they feel they can extort from a progressive igbo man living in Lagos

Most of the people living in the area are igbo so the best way for tribalistic missions is to extort them of their money through OVER ESTIMATED BILL. ( any which way you must pay agbero)

Like i heard some of them even share light one day oN one day off and still pay over 30k per month an NEPA BILL.


ITS A PITY FOR NIGERIA

jd1986:
Don't let me lay curses on your Ass!!! My 2million is In there hanging since last year Yet you are here trying to lure more people to PH.

new model ko, harsh model ni

Cc:uboma

bros are u sure u have real cash in 2millon which is not bonuses


please if yes and you are not intrested to ph please pass me your account details i will take the risk to ph we can share it 50 50

I beg u IJN

Kennyodinye:
Make MMM Give Up Na

lol... i wonder ooo... that is the simulation of the life of a true russian...

kayusekay:
The rule is not yet materialize oooo,na lie ooo,only 2017 marvo will b given to u

but they say the new model was just deployed on the 22second feb. and its for ph from 22nd to date on..


how did you know its a lie 22nd to today is just 4 days did u ph and gh within this 4 days?



hope u are not those twinkers admins and members tryn to paint mmm black

konga is using MMM style

konga too

zuby4real10:
This reminds me of how gt bank in minna sacks one of their staff cos of mmm. they guy na guider nd he is always receiving calls from his down lines even in office. gt bank ask him to choose between his job and mmm . they guy boldly told them that he choose mmm cos what mmm did for him his gt bank salary can never do that to him in 10 years to come . The guy just resign and leave.
Also, 95% staff of sterling bank staffs in minna including their security men are mmm guiders.even their customer care service staffs took mmm serious pass the bank work cos attention their downlines that do visit them In bank for consultation get pass that of the bank customers get.

rlllyy!!!!

but

if you do MMM still work hard and be loyal to ur employer so u can have multiple income source.

they have even started deleting good MMM post and disabling its MMM members on nairaland from posting

Emmanuel602:
OK. Is it that guiders are compelled to PH more or what? Because my guider has over 1k people under him and for ever participant donation he has commissions. So now asuming each of his downlines PH 10k this month, you can imagine how much he will get even without PH...... My suggestion is that guiders should be eliminated from the scheme and recommitment should be introduced ie you PH at least twice before GH

i think guiders are one of the strenghts of MMM
without guiders there will be trouble for publicity and helps

merging and payments has just kicked off
once u gh try to re-ph... and gh next month

eyescue:
Mod this gat to be moved to FP. People need to knw that indeed MMM is back and also for those dirty mouthed people who invested nothing in MMM but makes the greatest noise of negativity to shot it up. Thanks in your anticipation to seeing this on FP

instead they will soon delete the post and disable his account watch and see

cmikel:
They know MMM makes every one a Boss


They are scared of losing their work force


They know if you have financial liberation their business is at risk


They need to be promoted so they need their work slaves undistracted


They quick jump to nairaland to write a long episode about MMM to discredit


9ja bet takes from a multitude to to pay a little but no one talks about the phonzi they do


babaijebu takes from multitude to pay a little but no one talks about the Phonzi



Every thing in life has an end.


We are only using our spare Money it dosent concern you boss. don't loos your sleep

ask them


nairalad deleting posts and disabling all supporters of mmm account on nairaland

the problem with Nigeria is that the population is too much.......

eddd:
you have done well coming here to testify of the fact that you have been able to gh. mmm has fulfilled its promise to you, hence your confidence in the scheme is back or is stronger nw. Doubters and haters are being silenced gradually...which is good.

But then the question I have in my mind is this; did you Ph after ghing. I think there's no reason for you not to ph....the only reasons I can think for anyone who has been able to gh not to ph is

1. Lack of belief in the scheme (hypocrites)
2. Selfishness ( not having the interest of other partcipants at heart).

So if you have not phed, complete the good work you have started by doing so.

the bros or bab said he\she will ph again immediately

Daxyd4realzy:
These are the types of participants we want in MMM Nigeria. MMM started matching participants yesterday and someone has already make a completed payment of #59,000 already. Another defeat to the media and Anti-MMM.

Together we can change the world.

Guider Esan Dare
WhatsApp: 09067179100
Email: dareesan@gmail.com

its a pity I don't have mobile banking but tow am heading straight to bank tmrw to provide my help

Zirah:
Shebi MMM don resume. Why aren't you all getting paid yet? . Abi what's the purpose of the resumption when no one is yet to receive cash. I laugh at the gullies.

its a pity some pple who criticize mmm don't even know how mmm works, we just resumed merging and today is sunday by tomorrow I have a help of 350k to provide I have been paired already and I will be paying to the individuals account. the amount is very spare to me so don't cry for me ,proberbly you are too broke to lose one kobo that is why u are scared to join well we understand just sitback and talk at least that one is free.


if you are not ready to loose a one kobo then get ready to remain poor

Still Work hard ...

Still do MMM ....


Life goes On .....

As long as sergy Mavrodi is involved i will continue to



Ph and ph and ph and ph tilll sergy will say em no do again



Sergy mavrody never give up on anything


i just got an order to ph tomrow i will PH and i will PH again and again


What ever seun likes let him say



its my money

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I have a middle age widow in my downline who only joined this great platform MMM this year October.She's just a petty trader on our street with about capital base of #20,000 only.She sells things like sweet, biscuits,sugar,groundnut,bread etc in a very small quos. I was going to drop off my daughter in school that faithful morning before heading to office. I stopped as usual in front of her that morning to get sweet and biscuits for my daughter as part of the daily routine before going to school. As i was about to move after she had handed over the goodies and my balance She said, "Oga, mo de fe riyin o" (Sir, I will like to see you) - Like normal Yoruba uneducated woman. I said oh really. So i stopped the car, got down (as a sign of respect to an elderly woman) to pay attention. I was so curious because we never had relationship even when we leave on the same street. She said.... I heard that you can help me register for this MMM. One of my friend is a participant and she said i can make some more money than i make in this my place. But i don't know how to go about it, but i heard from Ilesanmi (Ilesanmi also leaves in our street, although he didn't register when i told him about MMM believing is a scam) yesterday when he came to buy something, that you can do it for me. (She was speaking in Yoruba though). .. Sincerely i didn't know what to say because 1, how much is she making that she want to invest in mmm? 2.I was so sure she can't has a Bank Account let alone an Email address....I smiled . So I asked do you has a bank account, she replied no, but that she has a passport photograph if in case i will need it. I laughed. So in other not to waste my time i said i will see her when i come back latter in the evening. As i was about to open the car, she said " Ah !! E duro" (Wait) as she quickly dished her hand into one Milo container and handed over to me some money. She said, that's 10k, hold it because i might spend it before you come back. I was confused.... Well i counted it perhaps it was 10k. Immediately I concluded the woman mean business and really want to invest in MMM despite her little knowledge about the scheme and even her little income. So i decided to assist her in any way i could.I collected her phone No and left. So on getting to office that day, I helped her opened a mail address, i called her to ask for her full name, i used her name as the First name, put her No in, but i would have to use one of my bank details so that i can run the account for her..... I registered her through me and PHed 10. She was so happy and appreciative when i told her. After 26days her mavro was due for collection, i helped her cash it out and i added the referral bonus i supposed to earn through her..... She was like, Ah.... Eh, in 3 weeks.... Na so e dey be. She was so happy.
What surprised me about her was that, as i wanted to hand over the money, (21k) She said no ooo. That how much is it, i said 21k.... She said pls give me the 1k and help me do another 20k. I was so touched that she could reason like that. But I immediately explained some little things to her so dat she won't be expecting double next time which she understand.
Due to her determination of mind and gestures towards me since that time, i vowed i will assist this woman. So When i wanted to PH for her, i added 10k and so i PHed 30k for her. And since then any new comer that I want to register but below 110k i will register under her so that she can collect the referral bonus.(Although i didn't inform her about it because i wanted to surprise her)
So I already told her when i was coming from the church on Sunday that she will get some money this week because her mavro is due for collection together with some bonuses i referred (As shown on her Mavro) .But unfortunately or fortunately their was a mavro frozen on Wednesday morning. As i was coming from work on Wednesday, i pulled over from her side to explain things to her.
Now this is where am going .......
Like seriously i was expecting her to feel somehow because my thought was that she will definitely be thinking i duped or scammed her. To my surprise, she said no problem since they will still come back by January that somebody also told her about it. And that even if they left with her money that is not my fault. And that she was even so happy i could even attempt to help her register. That she was not expecting i could pay her attention let alone helping her to do it because the way she used to see me like someone with pride on the street. That i don't talk to people, that i only greet i drive off... (I smiled) She then asked that can we trust them ? I assured her Yes, and the they are only trying to make MMM grow better. That people that are GHing are becoming more enormous as against the people that are PHing.( I have to come to her level so she could understand) . So i told her that we are asked to have more PH so that the scheme will not crash. She then asked me another question... So have you pay in another. I replied yes, that although I and even including my wife have much more money in our mavro that are due but we have to PH again to sustain the system.... She said ok no problem. We said bye bye and i drove off..
To my utmost surprise, this woman came to our house like an hour after we departed. She knock the gate and i opened for her..... She stressed forth her hand and said........ "Daddy baby, this is my own #20,000. Help me to add it to my own too so that the system will not crash.I dont want MMM to go because it can help me grow my business so that i can send Taofeek to University" ......
Immediately she left, i was shaking and it took me like 5 to 6mins to close the gate. Emotionally, i don't know when tears started rolling my chicks.
I have helped her PHed the 20k ( see all her account in the screen shot).
If an illiterate woman could reason to do this i think we should all do the right thing to make MMM Nigeria remain forever. Not even for your self now, but for a determined widow like Mrs Adijat Abodunrin (Mummy Taofeek)
Long Live MMM Nigeria..... Together we Change the world.
*copied*

With N65 per witdrwal from atm who cbn help?

Like they care, but for their own alone

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Privacy · Terms · Advertising · AdChoices · Cookies ·
More
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I have a middle age widow in my downline who only joined this great platform MMM this year October.She's just a petty trader on our street with about capital base of #20,000 only.She sells things like sweet, biscuits,sugar,groundnut,bread etc in a very small quos. I was going to drop off my daughter in school that faithful morning before heading to office. I stopped as usual in front of her that morning to get sweet and biscuits for my daughter as part of the daily routine before going to school. As i was about to move after she had handed over the goodies and my balance She said, "Oga, mo de fe riyin o" (Sir, I will like to see you) - Like normal Yoruba uneducated woman. I said oh really. So i stopped the car, got down (as a sign of respect to an elderly woman) to pay attention. I was so curious because we never had relationship even when we leave on the same street. She said.... I heard that you can help me register for this MMM. One of my friend is a participant and she said i can make some more money than i make in this my place. But i don't know how to go about it, but i heard from Ilesanmi (Ilesanmi also leaves in our street, although he didn't register when i told him about MMM believing is a scam) yesterday when he came to buy something, that you can do it for me. (She was speaking in Yoruba though). .. Sincerely i didn't know what to say because 1, how much is she making that she want to invest in mmm? 2.I was so sure she can't has a Bank Account let alone an Email address....I smiled . So I asked do you has a bank account, she replied no, but that she has a passport photograph if in case i will need it. I laughed. So in other not to waste my time i said i will see her when i come back latter in the evening. As i was about to open the car, she said " Ah !! E duro" (Wait) as she quickly dished her hand into one Milo container and handed over to me some money. She said, that's 10k, hold it because i might spend it before you come back. I was confused.... Well i counted it perhaps it was 10k. Immediately I concluded the woman mean business and really want to invest in MMM despite her little knowledge about the scheme and even her little income. So i decided to assist her in any way i could.I collected her phone No and left. So on getting to office that day, I helped her opened a mail address, i called her to ask for her full name, i used her name as the First name, put her No in, but i would have to use one of my bank details so that i can run the account for her..... I registered her through me and PHed 10. She was so happy and appreciative when i told her. After 26days her mavro was due for collection, i helped her cash it out and i added the referral bonus i supposed to earn through her..... She was like, Ah.... Eh, in 3 weeks.... Na so e dey be. She was so happy.
What surprised me about her was that, as i wanted to hand over the money, (21k) She said no ooo. That how much is it, i said 21k.... She said pls give me the 1k and help me do another 20k. I was so touched that she could reason like that. But I immediately explained some little things to her so dat she won't be expecting double next time which she understand.
Due to her determination of mind and gestures towards me since that time, i vowed i will assist this woman. So When i wanted to PH for her, i added 10k and so i PHed 30k for her. And since then any new comer that I want to register but below 110k i will register under her so that she can collect the referral bonus.(Although i didn't inform her about it because i wanted to surprise her)
So I already told her when i was coming from the church on Sunday that she will get some money this week because her mavro is due for collection together with some bonuses i referred (As shown on her Mavro) .But unfortunately or fortunately their was a mavro frozen on Wednesday morning. As i was coming from work on Wednesday, i pulled over from her side to explain things to her.
Now this is where am going .......
Like seriously i was expecting her to feel somehow because my thought was that she will definitely be thinking i duped or scammed her. To my surprise, she said no problem since they will still come back by January that somebody also told her about it. And that even if they left with her money that is not my fault. And that she was even so happy i could even attempt to help her register. That she was not expecting i could pay her attention let alone helping her to do it because the way she used to see me like someone with pride on the street. That i don't talk to people, that i only greet i drive off... (I smiled) She then asked that can we trust them ? I assured her Yes, and the they are only trying to make MMM grow better. That people that are GHing are becoming more enormous as against the people that are PHing.( I have to come to her level so she could understand) . So i told her that we are asked to have more PH so that the scheme will not crash. She then asked me another question... So have you pay in another. I replied yes, that although I and even including my wife have much more money in our mavro that are due but we have to PH again to sustain the system.... She said ok no problem. We said bye bye and i drove off..
To my utmost surprise, this woman came to our house like an hour after we departed. She knock the gate and i opened for her..... She stressed forth her hand and said........ "Daddy baby, this is my own #20,000. Help me to add it to my own too so that the system will not crash.I dont want MMM to go because it can help me grow my business so that i can send Taofeek to University" ......
Immediately she left, i was shaking and it took me like 5 to 6mins to close the gate. Emotionally, i don't know when tears started rolling my chicks.
I have helped her PHed the 20k ( see all her account in the screen shot).
If an illiterate woman could reason to do this i think we should all do the right thing to make MMM Nigeria remain forever. Not even for your self now, but for a determined widow like Mrs Adijat Abodunrin (Mummy Taofeek)
Long Live MMM Nigeria..... Together we Change the world.
*copied*

From what i heard...

from my research i tink mmm zimbabwe is yet to kick off bc ecocash the only means of transfer of money in Zimbabwe has denied affiliation with mmm
So its difficult to transfer money.

About south Africa I think from my research it is still goin on but after the freeze old confirmed mavro was wiped and kept somewere and if you do a new ph you will have 10 percent of your old mavro added to your gh order. This will be done till all old mavro depths are paid off.

Could this be the method they will aply in Nigeria? Bc our money transfer system works freely like that of south africa.

If you have more insights please share...

So you need to ph and get 10 percent of your old mavro added to your gh. Till every old mavro Is paid off.

Please lets read the text very well...A guider just informed that it means that instead of two weeks of your mavro becoming withdraw able it is now one month that means you must leave your PH for one month instead of flexible two weeks please lets digest that line ...


Dear members!

As usual, in the New Year season the System is experiencing heavy workload. Moreover, it has to deal with the constant frenzy provoked by the authorities in the mass media. The things are still going well; the participants feel calm; everyone gets paid – as you can see, there haven’t been any payment delays or other problems yet – but!.. it is better to avoid taking risk.:-)) (Moreover, there are almost three weeks left to the New Year.)

Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month.



The reason for this measure is evident. We need to prevent any problems during the New Year season, and then, when everything calms down, this measure will be cancelled. (Which we will definitely do.:-))

We hope for your understanding,

Na wa oooo....