₦airaland Forum

Nollywood is at it again after the much trending Story of miss Anambra lik video tape with cucumber now they have decided to bring it to home movie.

Watch and Download here=> http://www.ngcube.com/miss-chi-chi-cucumber-latest-nollywood-movie-watch-here/

A young obese boy in Changchun Kangda Hospital, Changchun city, in the northeastern Chinese province of Jilin who weighs 23 stone has been set on fire in a bid to lose weight.

Li Hang, 11, is said to be undergoing the traditional Chinese medicine treatment after his weight ballooned while suffering a rare condition from the age of three.

The treatment includes fire cupping, fire therapy - known as 'huo liao' - and acupuncture.

Photographs of the treatment show the youngster screaming as a doctor lights up towels on top of his bare bulging tummy.

http://www.ngcube.com/obese-boy-11-set-on-fire-in-bid-to-get-him-to-lose-weight/

Great app...kudos

Is MMM a Type of Personal Banking, Ponzi Scheme or a Lurking Disaster? See Interesting Answers

The MMM investment scheme has generated a lot of controversies in recent times as argument for and against it soar among Nigerians. These are cogent questions about the scheme which have been answered.



Any investment that offers 30% returns on investment monthly(360% annually) is too good to be true, especially when the best returns from the banks is 5 – 15% annually. The traditional banks have to always pay staff salaries, offset all staff bonuses, pay rents, and always build new branch outlet. A virtual bank(one without brick offices) will not need to pay any of the above, and can invariably return higher margin on investment. But can this justify 360% return annually?
 
Putting this in perspective, an N500,000 investment in an MMM in January will become N1,800,000.00(profit N1.3 million ) by January of next year. Compared to a traditional bank investment with a maximum of N575,000.00(profit N75,000) if lucky. The two returns are like a race between a snail and a horse. Now we should not be surprised at so many Nigerians believing strongly in the MMM doctrines and willing to herald it to the gates of IDP camps.
 

What is MMM, and is this type of investment sustainable. Where are the returns coming from? Or are the founders of MMM in Nigeria printing their own monies?

 
According to Wikimedia, MMM was established in 1989 by Sergei Mavrodi, 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.
 
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.
 
MMM grew rapidly. In February 1994, the company reported dividends of 1,000% and started an aggressive TV ad campaign. An important factor in the scheme’s success was word of mouth, but most of the company’s success came from its extremely aggressive ad campaign.
 
At its peak the company was taking in more than 100 billion rubles (about 50 million USD) each day from the sale of its shares to the public. Thus, the cash flow turnover at the MMM central office in Moscow was so high that it could not be estimated. The management started to count money in roomfuls (1 roomful of money, 2 roomfuls of money, etc.
 
Regular publication in the media of the rising MMM share price led President Boris Yeltsin to issue a decree in June 1994 prohibiting financial institutions from publicising their expected income.
 
The success of MMM in attracting investors led to the creation of other similar companies, including Tibet, Chara, Khoper-Invest, Selenga, Telemarket, and Germes. All characterised by extremely high promised rates of return. One company promised annual returns of 30,000%.
 
On July 22, 1994, the police closed the offices of MMM for tax evasion. Everyone lost money. In January 2016 the Chinese government banned MMM on the grounds that it is a pyramid scheme, (Ponzi scheme), and it is not registered in the country (and as a fraudulent scheme cannot be registered).

Is MMM a Ponzi Scheme?

 
A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organisation, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.
 
Typically, well-above-average returns are promised on the original investment and vague verbal constructions such as “high-yield investment programs”, or “offshore investment” might be used. The promoter sells shares to investors by taking advantage of a lack of investor knowledge or competence or using claims of a proprietary investment strategy which MUST BE kept secret to ensure a competitive edge.
 
Initially, the promoter will pay out high returns to attract more investors and to lure current investors into putting in additional money. Other investors begin to participate, leading to a cascade effect. The “return” to the initial investors is paid out of the investments of new entrants, rather than solely from profits.
 
Often the high returns encourage investors to leave their money in the scheme, with the result that the promoter does not have to pay out very much to investors; he simply has to send them statements showing how much they have earned. This maintains the deception that the scheme is an investment with high returns.
 

Where is MMM Getting All The Money From

 
From the 1977 ‘Seven laws of Money’ by Mike Phillips. Mike, a Bank of America banker –
 
Law 6 – “You can never really receive money as a gift. Money is either borrowed or lent or possibly invested. It is never given or received without those concepts implicit in it. Giving money requires some payment; if it’s not repaid the nightmare elements enter into it. A gift of money is really a contract; it’s really a repayable loan, and it requires performance and an accounting of performance that is satisfactory to the giver.”
 
At 30% monthly rates for everyone, it seems MMM is making money faster than money can be printed by Minting and Printing Agencies of government. It is most likely MMM pays the “return” to the initial investors from the investments of new entrants, rather than solely from profits – this is even confirmed since no physical goods are being sold.
 

Will MMM Crash?

 
When a Ponzi scheme is not stopped by the authorities like Federal Government or EFCC, it sooner or later falls apart for one of the following reasons:
 

1. The promoter vanishes, taking all the remaining investment money.
 
2. Since the scheme requires a continual stream of investments to fund higher returns, once investment slows down, the scheme collapses as the promoter starts having problems paying the promised returns (the higher the returns, the greater the risk of the Ponzi scheme collapsing). Such liquidity crises often trigger panics, as more people start asking for their money, similar to a bank run.
 
3. External market forces, such as a sharp decline in the economy (for example, the Madoff investment scandal during the market downturn of 2008), cause many investors to withdraw part or all of their funds at the same time.
 
Government Crackdown

 
The operations of MMM Nigeria is under investigation, the Economic and Financial Crimes Commission (EFCC) confirmed on the 15th of November, 2016
 
Last week, the House of Reps ordered its committee on banking, currency, and financial crimes to investigate the activities of MMM scheme in Nigeria. It also ordered all law enforcement agencies to start arresting those promoting the MMM Ponzi scheme.
 
Central Bank of Nigeria(CBN) warned Nigerians against patronising MMM which it said was fraudulent, not regulated and not in tandem with any known business model.
 
The crash of Ponzi schemes always starts with any of government regulations or intervention or interference. The end will justify whether MMM is a wonder bank, smart investment portfolio, high-yield investment, Ponzi scheme, Pyramid Scheme or a disaster waiting to happen to many.
 
SOURCE: http://www.ngcube.com/is-mmm-a-type-of-personal-banking-ponzi-scheme-or-a-lurking-disaster-see-interesting-answers/

Great man

Charles1694:
Pls does any one know where I can watch the live stream?

https://www.youtube.com/watch?v=-aT1q2CZswA

Tabbaz:
Still available?

if yes contact me. You suppose put your no as u dey advertise.

ok, reply me on whatsapp

dotmans:
How much are you selling it?

420 / $

$60 payoneer available @420

iykepromotions:
I think I have explained this before. It doesn't matter if you don't have a Dom account or PayPal. Once you want to receive your proceeds, use a paypal exchanger's services. There are many of them rendering this unique service even here on NL. He will receive the funds on your behalf, buy it at his own rate and and transfer the equivalent into your local bank account same day.

For example, if you sold a domain at afternic, you will be notified through email that your domain has been sold. The next stage is to transfer your domain to them before they will pay you. Once the transfer is completed, you will be asked to choose from options on how you want your funds to be disbursed. Simply contact an exchanger, tell him the details about your deal; what you sell, market place and how much.

That's all. He will give you his verified PayPal email address which you in turn will summit to your account manager @ afternic as your option to receive your funds. Once the funds are released, you will be notified and everything will be finalised that same day with your PayPal exchanger. Contact me directly if you need more help concerning this. You can equally use a domiciliary account (bank wire) to receive your funds if you're in anyway skeptical about this.

Thanks for d good explanation. please which marketplace accept payoneer as withdrawal option?

Linzo:
I have a domain to sell can you buy it from me or help me sell sell it? it's my personal domain I bought and hosted with namecheap

what's the url?

pat077:
can I use the promo code for as many as I want or its just for a domain per coupon.

you can only register two domains with one coupon.

pat077:
pls, do you know when it's gonna expire? And which bank atm card do you use. I intend opening a new account because of this as my bank have suspended this service for now.

It will expire in less than a month but you can always get new promo codes from retailmenot (dot) com. Also a simple Google search will reveal more sites with promo codes.

I paid for my order with payooner mastercard. I can assist you in making online payment. Let's chat on whatsapp

pat077:
did you try it?

it worked for me

Thanks for this informative thread @ iykepromotions.

I hv listed my domains on GoDaddy, Afternic and undeveloped dot com. Which payment method is the best? Please kindly explain how we can receive payment hassle free in Nigeria.

As expected, Nigerians on social media are seriously making jokes out of the controversial "kitchen and other room" comment made by President Muhammadu Buhari following his wife's shocking interview on BBC Hausa Service.

An unnamed Nigerian graphic designer has satirized the crisis rocking President Muhammadu Buhari and his wife, Aisha Buhari over her alarm about the hijacking of her husband's administration on BBC Hausa which has become a central topic in the Nigerian media space.

In a very expensive political meme, a movie titled 'In the Room' reported to be Mrs. Buhari's position in the President's life could be released by the film industry with both parties playing lead roles alongside other cabinet members.

Another cartoonist, Ugo Jesse has refused tp backdown on the jokes about Buhari's controversial response in Germany with a range of memes churned out as seen below.

It would be recalled that Buhari has criticized his wife's intervention in politics as he claims to possess a superior knowledge and sense of judgement over her.

See more hilarious memes here: http://www.yukibox.com/nollywood-set-to-premiere-new-movie-about-president-buhari-and-aisha-the-other-room-hilarious-photos/

I like this blog http://www.yukibox.com Check it out for good music and funny videos

ifedy66:
just p.m on whatsapp 08122499182 i will teach you how to get google adsense aprove. And i can also get one for you free....i also have one for sell if you will like to buy..... Add me if your interested whatsapp +2348122499182

oh mahn, which one do you really do?

I am using pilot poster but e be like say na fake traffic dem they send me

temmym4:
Please does anyone here use this brand (Djack) of home theatre? i ordered for a different version ( DJ 5060) but it hasn't arrived yet.

is it a good buy? or sounds so Chinese? any review from Djack home theatre users?

how satisfied were you with the Djack home theatre? Please post a review @ temmym4 thanks!

In the high desert of Northern New Mexico, you can hear the sounds of a man entranced in his work underground in a cave. You will see a small entry that opens into a cavern, where Ra Paulette has spent the last 25 years carving New Mexico’s sandstone into magnificent art. He’s spent years doing this work with the company of only his dog.

 WHAT IS OBSESSION?
What determines the line between passion and obsession?

Can we call “obsessed” a man who isolated himself from society for 25 years, in the high desert of Northern New Mexico, to play “Minecraft” in real life?

When Ra Paulette was asked if he is obsessed with his work he answered:

It is said that when you find your purpose and devote your life into fulfilling it, you’ll spend your days through play. Nothing else will really matter except crafting through your passion. And if you remember, that’s what being a kid really was like: a constant play, wonder and discovery, being lost in your world.

It can be said that he has created magic in the underground caves that he has carved. They are at once intimate and overwhelming. Interestingly, Ra doesn’t see himself as an artist, but simply as a man expressing his sense of wonder in a passionate way. I would beg to differ with his opinion that he is not an artist. What he has created, is livable art of unbelievable power.

Speaking of creating masterpieces, watch the video below and witness what being obsessed with your passion can create!


SOURCE: http://www.yukibox.com/video-man-isolated-himself-from-society-for-over-25-years-what-he-reveals-inside-this-cave-is-incredible/

See more photos http://www.yukibox.com/terrifying-moment-huge-wedge-tailed-eagle-swoops-down-and-tries-to-drag-off-7-year-old-boy/

This is the terrifying moment a young boy was attacked by a wedge-tailed eagle at a birds of prey show.

The boy, believed to be about seven, was left with a bleeding gash on his face after the eagle swooped during a birds of prey show at the Alice Springs Desert Park in Central Australia last week.

Horrified witnesses said the boy, who was visiting the animal park with his family from NSW, was wearing a camouflage jacket at the time.

Christine O'Connelly captured the terrifying moment in a photograph which she later shared online.


Source: http://www.yukibox.com/terrifying-moment-huge-wedge-tailed-eagle-swoops-down-and-tries-to-drag-off-7-year-old-boy/

A Turkish imam has been suspended after a leaked hospital report showed 'pieces of cucumber' were found in his rectum, say reports.

The 39-year-old, who has not been named, has been suspended by a local branch of the Religious Affairs Directorate after reports claimed he was taken to hospital with severe abdominal pain and bleeding earlier this month.

But the leaking of the story has been criticised by Istanbul's Chamber of Doctors.

Ardil Bayram Sahin, a member of the Istanbul Chamber of Doctors' Human Rights Commission said it is a crime to leak medical records of a patient.

'We do not know what the official investigation is about, but suspension is unacceptable,' he said.

'Such rights violations may prevent people with various sexual practices, especially those who are public employees, from seeking medical assistance.'

Source: http://www.yukibox.com/imam-suspended-after-pieces-of-cucumber-found-in-rectum/

logonlaredo:
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increase the signal to the highest possible signal quality and blind scan. Note Tvc tp is 11356 H 30000, in case you want it directly.

Thanks

President Buhari’s wife, Aisha Buhari tried to shake the hand of Alaafin of Oyo and the traditional Ruler snubbed her.


You Can’t Shake Emir, why did you try to Shake a Traditional Ruler in YorubaLand?

hello house please what is the best tp to track eutelsat @16e with tvc news, crtv,etc..

cc: logonlaredo

what a smelly thread

pls investigate well

just wow!!!!! publishers be like... baba God pick up the call