Vooomwriter's Posts
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bamidele89:Yes, Fairmoney is a good and legit app to get instant loans within 24 hours with good loan duration. Read my Fairmoney review here https://www.sonaija.com/fairmoney-review/ |
Sirventor01:You can increase your loan range in Fairmoney, i started at 30k. Read my review of Fairmoney here https://www.sonaija.com/fairmoney-review/ |
Salary is medicine for managing the disease of poverty. It can't cure it. Only your own business can cure poverty. Poverty isn't just about money. Time is more valuable than money. If another man controls your time, you are poor even if you earn much. Salary is like a cage. Some cages are big, others are small. They are still cages because you can only kove around within boundaries of the cage. A big salary is a small cage, you are still not free. |
Network marketers, get in here. Let me show you how you can make N1.2 million monthly. Most of us network marketers already have built teams we use for our other MLM products or services but i can guarantee you, nothing beats having a team in RAGP Recharge And get Paid. Hold on, I know what you are thinking, how can i make N1.2 million monthly just from recharge card sales. Read this, Infact, study this business write up then let me know https://www.sonaija.com/ragp-recharge-and-get-paid-review-matrix-benefits-faq/ You can reach me here via WhatsApp 07081921916 if you have any questions that are not answered in the article. |
In fact, i believe merely accepting cash as a middle man can make you a money launderer |
According to Nigerian law, any rich person or even business individual can be a money launderer by some simple mistakes. Quick quotes from https://lawpadi.com/8-things-the-average-nigerian-should-know-about-the-money-laundering-act-2011/ 2. Cap on Cash Transactions The Money Laundering (Prohibition) Act 2011 makes it illegal for any individual to accept or make any cash payment that exceeds N5m (Five Million Naira). This means that every cash transaction over N5m must be done via a financial institution. Any person found guilty of contravening this is liable to imprisonment for a term of not less than 3 years or a fine of N10m (Ten Million Naira) or to both. 6. Obligation to report to the Economic and Financial Crimes Commission (EFCC) The Act provides that financial institutions and designated non-financial institutions are obliged to report to the EFCC any single transaction, lodgement or transfer of funds in excess of N5m (Five Million Naira) within 7 days. Therefore individuals should be aware that if they make such transactions, such transactions would be liable to be monitored by the EFCC. So who are these Designated non financial institutions that should report transactions to EFCC? According to https://www.scuml.org/faqs/ Section 25 of the ML (P) Act defines DNFIs as dealers in Jewellery, Cars and Luxury Goods, Precious Stones and Metals, Real Estate, Estate Developers, Estate Surveyors and Valuers, Estate Agents, Chartered Accountants, Audit Firms, Tax Consultants, Clearing and Settlement Companies, Hotels, Casinos, Supermarkets, Dealers in Mechanized Farming Equipment and Machinery, Practitioners of Mechanized Farming, Non Governmental Organizations (NGOs) or such other businesses as the Federal Ministry of Trade and Investment or appropriate regulatory authorities may from time to time designate. Your business, subsidiary or even side hustle can make you a money launderer in Nigeria. So before you conclude on Mompha or Air Peace boss Allen Onyema, think about the above. |
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