Wednesday, February 1, 2023

CBN Warns Nigerians Against MMM, Calls It “Wonder Bank”


The Central Bank of Nigeria (CBN) has warned Nigerians to be careful of any deposit money institution that is not insured by the Nigeria Deposit Insurance Corporation (NDIC) especially the trending MMM Nigeria community.


The bank through its the acting Director of Corporate Communications, Mr. Isaac Okoroafor, made this known yesterday against the proliferation of wonder banks in the country in recent times.

Okoroafor said such deposit money institutions were dubious present Ponzi schemes.

“At times like this when the economy has suffered some decline, Nigerians should be very careful with those they deal with. Any institution that is not licensed by the CBN to accept deposits should not be given money to keep under any guise,” he advised.

He warned Nigerians to beware of the so-called wonder banks, explaining that they were makeshift institutions to dupe people.

“We can vouch for the banking system. The deposit money banks are the only licensed institutions to take deposits. If you need to deposit money in any form, go to any of the deposit money banks and put your money, you can buy fixed income instruments or invest in stocks,” he said.

Okoroafor said the CBN could not guarantee the unregistered institutions, insisting that when depositors lose money to them, the bank would not be able to help them.

“These people always come with very interesting propositions. These are fraudsters who are just out there to collect people’s money and run away as soon as they hit their target. There is no insurance because the NDIC does not even protect them against such risks when they occur,” the CBN said.

He said the CBN was intensifying efforts and liaising with the various security agencies to identify the promoters of these schemes and have such persons arrested and prosecuted, adding that anyone caught with them would also be made to face the law.

Promoters of wonder banks and other pyramid schemes in the country are currently taking advantage of the rising level of unemployment as well as the shrinking disposable income to attract unsuspecting prey.

From Lagos to Port Harcourt and some other big cities in the country, owners of these illegal businesses have been offering Nigerians mouth-watering interest rates, which cannot be found in the banking system, in a bid to attract large number of customers before they run away with huge cash.

For instance, at the Ojuelegba area of Lagos, THISDAY was recently given a small handbill advertising investment schemes that offers 30 per cent returns in 30 days.

Also, there is a new Ponzi scheme called ‘MMM’ that is spreading like wildfire. A lot of young school leavers have already signed on to this scheme, which the promoters are marketing as a “mutual fund.”

“MMM offers its participants 30 per cent growth rate per month for each and every donation they make into the system… MMM belongs to the community, its sustainability depends on the activities of the people that make up the MMM Nigeria community, that is me and you and other MMM Nigeria participants,” the promoters wrote in an online advertisement.

Typically, what promoters of such pyramid scheme do is that they offer rates far beyond what is obtainable in commercial banks. This would always attract a lot of people who would always rush in to stake their funds. But, those who join the scheme late would always be the ones to lose their shirts as they would have been convinced by those that joined earlier to invest huge amounts of money.

But experts have warned against falling for the bait of illegal deposit-taking institutions which are not licensed by the CBN, saying that their only intention is to defraud members of the public.

Recall that with the Nigerian economy is in recession, the National Bureau of Statistics (NBS) recently revealed that the country’s gross domestic product (GDP) contracted by 2.06 per cent in the second quarter of 2016, compared to the negative growth of 0.36 per cent recorded in the first quarter of 2016.

Also, national unemployment rate also rose to 13.3 per cent in the second quarter of 2016, from 12.1 in the first quarter of 2016.

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Comments 989

  1. Rubbish

  2. Sarva Steven says:

    They should gotto hell

  3. Prince Okey says:

    Is this real?

  4. EP who na Epp

  5. Nana Eremie says:

    Total rubbish….. Naja no dey like people to progress Mmm has come to stay….

  6. fuck cbn ……..mmm is the best

  7. Efine Eziuzo says:

    MMM for ever…have been paid by them wella


  9. Stupid CBN,who una epp

  10. I don’t do MMM, but please anyone who feels it works for them should ride on. How many times have our politicians, CBN and Nigeria as a whole failed us? Then u stand there with a straight face to judge MMM. Bastards…

  11. Fuck CBN Nigeria tundra fire them. Mmm is real

  12. Paul Nnaji says:

    if u hv not been duped in d past.You wil neva value dis CBN advice.Until MMM gets registered atleast with CBN,NDIC,CAC.i wil never invest cos they r not regulated ….Novices who dnt knw wot to look for before investing wil surely fall a victim.

    • Roli Ndoma says:

      My brother the registered failed BANKS in Nigeria by CBN, were the investors ever compensated? Pls l want to know

    • The money pass through The same Nigeria bank

    • Paul Nnaji says:

      you may go on and invest.i just said my mind nd decision.neva cnt tel,wot works for u may not work for b today i dey do financial investments,y d MMM dont want to legalize their business?…

    • Dats bcos MMM is nt actually a business bro

    • Oga, dey there they wait for regulation oooo
      Not doing anything about anything is a risk.

    • any business CBN comes out openly to conderm may be seen as a threat to their business why is CBN silent on MLM schemes like GNLD and the rest that have scam Nigerians of their monies just my observation

    • Chinonye Obi says:

      My brother mmm is not a business nor investment plan. Mmm is only here to help and alleviate poverty. What has government got in stock for us? Nothing but despite the economy in the country the only people that smile are still mmm participant. Why would mmm register when it not a company. Why will mmm take permission from government when they wish nothing for u and I. My dear we the participants can’t be fooled by them again ,no salary no food no water no job for youth but with mmm am able to achieve what government can not give me in 20years. I have a landed property in Lagos with mmm help and an Happy with my achievements.pls be guided if u are interested to join today inbox me and join the winning team

    • Davsam Dsh says:

      My brother you said it all you are very wise

    • Mybest Uzezi says:

      Pls am interested hw do I join u?

    • Davsam Dsh says:

      Let ask u guys how did dey do with d money to earn that 30% per month but in case u loose your money were can you find them who do you report to

    • Chinonye Obi says:

      Inbox me @ uzize

    • Mhexh Okafor says:

      Lol. If you were not matured during “all states banks saga” you wouldn’t care to heed to CBN’s advice. I was writing my project in school that year, and these guys gulped my 20k. So go on OK. After telling you to invest and get 13% of what you invested.
      One day they will hit their target and bounce. Na then your awaiting 1.3M go just varnish and your eye go clear.

    • Chinonye Obi says:

      Over 5years now nobody have ever reportedly lost their money by mmm

    • 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. Wikipedia

    • See for the very fact that you still remain in this our great country is a risk, we have a failed system everywhere we turn. It’s our nature as a pple to do risky things, so we’ll keep risking it all till there’s no more risk left in this country to risk.

    • Mybest Uzezi call me for proper guidance 08181925528

    • Mybest Uzezi says:

      Pls are u a member of mmm? @ Joshua Onos Aghogho

    • Please you guys should just stop stressing yourself over these issues. If money wan loose e go lloose. Wisdom is the key word. I joined mmm months ago. Started with 300k. As first timer I got 405k that’s extra 105 abi. Ok I did another 300 n got 390. That’s total of 205 abi…Ok the third time I did for 100… .n got 130.? My question is is that 100 my money? Nope it’s from my gain. N I intend to keep going low. That way if it collapse
      I’m 101percent sure that I’m loosing nothing. So don’t be greedy with th is kind of thing that’s all. Be wise n forget what cbn or government r saying

    • Oga…who u epp….invest or not, am cashing out steady

    • Chika Chiedu says:

      By d time u see how pple who has been in MMM acquired Alot of property dat u wouldn’t acquire in 10yrs then Na only u go beg to register but by then it will be too late

    • Hannah Odaro says:

      How much is the least amount you can start with

    • Pls wait for them to register but for me I go with Mmm. Sure flow

    • Savanna bank and other failed banks how much.thread with caution is my advice

    • I cant laff in Latin. Risk is in everything we do, without risk nothing is achieved. I introduced Eziuzo Uche to this and I have nothing to regret. Its paying big time.

    • MMM is real

    • MMM is a real solution.

    • It damn works…

    • Unity bank just laid off over 200 staff am sure the ones on MMM wont worry…

    • u forgot that in Nigeria everything is a risk.

  13. Emeka Godwin says:

    MMM remain the best

  14. Is this hard time they said that we should not do MMM
    Do you want us to die ?

  15. Roli Ndoma says:


  16. You can’t help nd people who to help you don’t allow them wetin be ur problem

  17. pls whose money are they using to pay u guys

  18. Please o, what is MMM..?

  19. Asante Emily says:

    mmm has failed in South Africa. You will be duped in the end. I lost a lot of money.

  20. what is dis MMM if I may ask

  21. someone shud tro more light on it for my understanding. pls

  22. MMM should try to have an ATM all over Nigeria that we can forget our fucking banks ….in there corrupt world

  23. What is MMM

  24. Wow, CBN is on it again, since when did d start caring after d financial well being of d Nigerian citizen. My dear cbn can call it any name what am sure of is that mmm is changing lives & will continue to change lives & even d world as a whole. Is time we stop d unjust financial treatment of d government. Biko cbn allow mmm to be. My live has changed ever since i became a participant. Am becoming financial independent, am drastically upgrading & i have no regrets joining mmm. Am proud i took d bold step & i now have a different view. & sorry cbn mmm has improved my living standard. #wearechangingtheworld#.

  25. Susan Brown says:

    I invest on it, mmm is real

  26. Chinonye Obi says:

    Mmm is real and it pays have been with mmm since December last year and I have been paid and paid and paid by mmm. We have government officials as our members and they want to deceive the poor masses. If you like listen to their jargons I advise you join my world. Mmm rocks and will forever live long

  27. Nigeria as a country is “wonder”

  28. Stabilize Economy, Stabilize FX, all zero. Now you are warning poor masses against their alternative source of livelihood? Don’t dare at all

  29. mmm is real….even cbn staffs are doing it too

    • Chinonye Obi says:

      You know Na they don’t want to poor to be rich like them. lets join hands and stop the fight against our mmm. Let protect it wisely.meanwhile they can’t stop us

  30. A word is enough for the. ……..

  31. Imagine CBN who d even help, d give me 33percent interest per annum on my money but in mmm i get 30percent interest in just 30days now who is deceiving who. Who should i follow CBN or MMM. Sorry to disappoint u guys(cbn) i have made d right choice, MMM & no going back no regrets what so ever. U shouldn’t continue to fool us pls. Because every 30days mmm keep smiles on my face, & my account as well smile. My advice to cbn just stand by & allow me make small cash so that u can take ur own share for banking in Nigerian Bank. Biko free us. Am a happy mmm participant.

  32. Ogzy Okika says:

    I didn’t even knw CBN still exist o, until I saw dis post..

  33. Useless government, who them Epp? Simply because they feel threatened by this MMM they wanna ruin it so the people cannot be financially emancipated!

  34. Mmm is real it has come to stay

  35. Eziuzo Uche says:

    Mmm is the best thing that has happened to Nigerians since the death of Abacha. can’t wait to collect my 5th payment on the 18th.
    30% of any amount pledged, this is just too good.
    Mary Akunna Odo-Asogwa thank you for introducing me to MMM.

  36. Chinonye Obi says:

    60000 thousand Nigerian have join and 300million have joined globally. What are you waiting for ? Join mmm today and experience financial freedom .

  37. Davsam Dsh says:

    MMM IS REAL but my question is will it continue to be real? Were can we find them in case smt happen do they have any office in nigeria? Because since is not a registered company and CBN warn you about it believe me if smt happens you can never lodge the case in any Nigerian court as long as its MMM ask your lawyer I have been paid but I stop it and ask my self were do they get the money they pay me from that 30% pls I don’t eat money I don’t work for believe me every smoke has fire soon we shall know…… A word is enough for a wise

  38. Henry Iloeze says:

    Nigeria is a scam,CBN shouldn’t worry themselves,No risk No gain.since Buhari have scammed us with his campaign promises,we have decided to take any risk to survive………………..CBN I said Rienu nsi

  39. Our people say fly wey wan quench go follow dead body enter grave.

  40. Olaedo Chi says:

    I just joined. I really need quick cash to set a meaningful Biz . Nig economy is dead. University certificate is waste of money and time

  41. the Truth of d matter is dat bankers are also doing It i actually paid to one!!!!

  42. Chinonye Obi says:

    Federal government is trying to make mmm more popular than ever before.they want you to join so that they can raise more money frm us . Now let me tell u mmm participant have contributed fully in the economic growth of the country, we have also we have enriched the bank by steady online transfer which they deduct 105naira in each transaction.mmm have also enlighten and educated every participant on how to use and operate computer it has gone a long way by putting smiles on thousands of Nigerians life. Mmm has also contributed in the business sectors by enabling their members to have the money to buy whatever they wish to buy at any given time. We have also put smiles in the life of the less privileged by visiting and given hope to them every time. Mmm is the only way

  43. That shit will shutdown soon wen u have invested so much

  44. Angel Maria says:

    CBN, make una live MMM with una bad belle oo, I just receive an alert yesterday with a huge amount of money which no work or Business can pay me, MMM is real and it is around Us, MMM has come to eradicate poverty, so if CBN don’t like it, they should go to HELL

  45. MMM is real. CBN re just jealous. I have seen few friends who are in it and are not regretting. As for me before the end of this month I’ll join.

  46. pls where is CBN advice to Nigerians concerning MLM schemes like GNLD and the rest that has succeeded in scamming Nigerians of their hard earned income

  47. Ojone Alli says:

    OK o

  48. CBN or whatever you call yourself l think the president and his economic team need your advice and warning more than Nigerians. With MMM recession is just ‘a word’. Long live MMM long live Mavrodians

  49. This c.b.n Shd be thankful to mmm Bec they are helping d needy.since our government has failed to notice that we are suffering

  50. Mhexh Okafor says:

    These guys are crooks o. Even banks cannot guarantee you of 10% of ur fixed amount, not to talk of a whooping 30%. And since the CBN has issued warning signs, meaning that they’ve gotten a tip off, that these dudes want to bounce. If you were not aware of “All states banks saga” that year, you go and invest and keep investing until your eye go clear.

  51. Mmm Is real bankers are doing it

  52. Felix Sunday says:

    If u don’t knw abt MMM n how it works you call it wonder bank. Mmm is real. I love mmm

  53. Hmmm make una no forget ” Plan well” bank ooo

  54. Mmm all d way…….

  55. I have a friend who is a banker that is a member of Mmm, he just registered his boss under him last week, so CBN stop decieving us. Your own scam is worst u give me interest of 48# and debit me 90# for sms cost. While Mmm gives me 30% of my money who is now the thief.

  56. Government and SEC deprived you of diving into the wealth
    from bitcoin, is that fair?
    Banks will be like, your money is safe with us, and my
    question is, is our money really safe? They use our money
    (because without u and I, nothing like bank) to give loans to
    companies and make huge interest, if they are giving me 5%
    monthly, i won’t be shouting instead they charge me for
    using my money for business. Billing you unnecessary
    charges and the worse part of it is that you can’t talk, even if
    you do, who will hear you? Bank will send you a credit alert
    or interest alert of #0.50k and charge #4 for the sms. And
    you said that one is not a legalized scam (you are wicked).
    Politicians will be like vote for us, when you vote for us, we
    will do this do that. Your vote counts. Liars, the worst scams
    ever seen are the politicians, deceivers. The less privilege
    are the ones languishing in poverty but you are there living
    in luxuries, you denied us from going to the best schools
    because of the high fees but your children are in the best
    school outside the country. And you think you are not a
    scam? You are deceiving yourself.
    School will be like read your book and make sure you pass
    very well so that you can get a good job, where is the job?
    6Years in primary, 6yrs secondary school that is if you didn’t
    repeat any class then 4 yrs in tertiary institution as the case
    may be plus another 1yr of youth service and after all these
    years no job to be found and you said that is not a scam?
    You subscribe to DSTV, after you might have paid your NEPA
    bill of which you only get light in the middle of the night
    around 1am -5am, tell me who want to use the light? And
    DSTV management could not even pause the operation for
    you since you are not using the service, that is non of their
    business and at the end of the month, NEPA will still come
    with an estimated bill of which you can’t shout, if you do,
    they will cut your wire and assume you did nothing to it for a
    month, you still pay for that month despite you didn’t use
    light and when you want to reconnect, you will pay
    reconnection fee. is that not a scam?
    If I should continue disclosing all their scams, facebook
    won’t be enough to accommodate it.
    We have been in this slavery long enough, we can’t take it
    any more. It is obvious they do not want the average man to
    live the better life that we suppose to.
    MMM has come to stay and not SEC nor Government can
    stop it
    They said MMM is a scam, yes we know
    is a ponzi scheme, yes we are aware of that
    is a fraud, yeeeessss we know about that also
    Ah, the founder is a thief, yes we read about that, we even
    read that he was jailed, and so what?
    MMM is too risky (Abeg shut up that dirty mouth)
    I’ve been taking risk since i was born, living in Nigeria (where
    there is no security, if its not boko haram today, it will be
    fulani herdsmen or some avengers and their kinsmen
    kidnappers etc) is the greatest risk one can take and if i have
    been living in it for more than 40yrs with the risk attached, i
    tell you the truth, i can overcome any risk.
    We are “risk takers”
    We are “scammers”
    We are “ponzians”
    We are Mavrodian
    We are MMM

    • The only wonder bank we have here in Nigeria is central Bank of Nigeria. Every employment into cbn is paddy paddy….. Ur own bank will send u sms at the end of the month, deduct 5naira and also deduct ur money for wishing u happy birthday. Wonder banks of Nigeria…… Lol

    • And more so, MMM is never a bank talk less of calling us wonder bank. We are community where everyone is equal financially. And that’s what Nigerian banks don’t wanna hear. Lol ?….. I laugh bcos mmm makes me.

    • Do u know why Nigerian government attacking MMM.? Bcos they confined it that is the only community that has the interest of a common man in mind, they know MMM is very real, they know MMM pays compared to all other organisation that will collect ur MOney and mandate u to bring two ppl and the two ppl bring another two ppl before u can be paid. MMM pays, MMM reallest lol……. MMM pays without stress. MMM the best community. This will show all youth that Nigeria government don’t have our interest in mind. MMM all the way.

    • Betty Kukwa says:

      They hate anything that can bring succour to the masses. Why are they bothered, did they give those doing MMM the money to invest on it? I will soon join too.

    • Lily Oge says:

      Wow i lov u for dat,hahahaha i cnt stop Lafin ooo,am joining MMM today

    • Wow!!nice one.pls tell the govt ooo

    • A beautiful writing skill you have,and an intelligent mind!bravo.

    • Hannah Odaro says:

      But please let me ask, what is their own interest, and what is the least amount to start with?

    • Well said

    • U can start with as low as 2k but I will indulge u to start with 20k so that u can feel the effect by getting 30% and bonus of 20$ at the end of 30days. That should be approximately 34k

    • Or just be a participant of MMM by clicking this link, but mind u, as a first timer u need someone to put u tru the registration process to avoid mistakes.

    • Lily Oge, just click either of the link I just drop and enjoy the same with me. Nice having u. MMM pays

    • Please am in Ghana how do I join am interested

    • With what CBN just said, they make MMM more popular, i have being benefiting from it big time, instead of me keeping my money in bank for those useless people, i will rather use it to help my fellow people …..with the help of MMM….Together we can change the WORLD

    • Florence Okrampah just click either of the link, either to join the group or go straight to the MMM site

  57. CBN is crying over nothing…it’s our money…our heartbreak if d system crashes…it’s wonder bank nd we love wonders..clueless set of individuals

  58. I’m interested how does it work pls

  59. They don’t have anything to say, what do they mean by wonder bank?

  60. Ben Cool says:

    The CBN is headed by idiots who don’t know how to do their jobs, how can they allow unregistered fraudulent financial institutions to operate freely and rather choose to warn the public not to patronize them. Why not invade their various premises with the EFCC and Police before they succeed in their evil mission.

  61. Joy Chinyere says:

    Ozioma Ozioma David Onyechere

  62. CBN wil.soon join mmm, they hv changed my story

  63. Alex Bello says:

    Na true? Nelson Chukwudi Osita Chukwu

  64. ~They said it’s RISKY!

    What on earth is not RISKY????

    *Getting married is RISKY
    *Staying unmarried is RISKY
    *Having children is RISKY
    *Getting a job is RISKY
    *Keeping the job is RISKY
    *Getting out of the job is RISKY
    *Starting a business is RISKY
    *Investing ur money is RISKY
    *Trying new things is RISKY
    *Not trying new things is RISKY
    *Getting rich is RISKY
    *Staying poor is RISKY
    *Meeting new people is RISKY
    *Leaving alone is RISKY
    * Utilizing Opportunity is a Risky
    * Rejecting Opportunity because of doubt is RISKY
    *Everything is RISKY

    If you think investing is too risky, then wait until you are handed the bill for not investing.

    Life is full of risk, no one even get out ALIVE.

    If you try to avoid the risk, you gonna live a very small life. U must learn to manage the risk.

    No one in particular was destined for success, everyone is invited to succeed.

    SUCCESS is like an OCEAN, unlimited in supply.
    But the problem is some of us approach the ocean with a TEASPOON.

    The pessimist sees the hole in the donut, but the optimist sees the dough.

    The pessimist sees the glass as half empty, but to the optimist, it’s only half full.

    Take the RISK , You will win the RACE

    So it all depends on how you think/look at it.

    *”Success is achievable the very time an amazing opportunity meets a back breaking Action”


    MMM Nigeria has come to stay nothing can stop us.

  65. Na wonder na wonder my God ooooooooo…. chineke meeeeooooo

  66. CBN who you epp?

  67. MMM is real, to hell with CBN

  68. *MMM pays*

  69. This our useless governments just want to kill us patapata….MMM is real,have provided help more that 6times which i got back.No salary nothing,the little thing or way that people are earning a living una wan come spoil am again.God will judge you all yeye leaders.I can remember some years back, wealth solution is this same useless central bank that sat on their money in the banks.People should just be careful any amount you are providing help with should be something you can let go even(that won’t give you headache)if MMM fold up abeg.God will help us all o.

  70. Ebi Okoh-Esene

  71. Nana Eremie says:

    No bi lie..

  72. Pls CBN go rest ” change” the recession. I feel if any government in Nigeria tries to stop MMM that will b the beginning of revolution; cos MMM ain’t SCAM instead the 65 naira deduction made from ATM after three withdrawal from other banks is the REAL SCAM. Long live MMM.

  73. Baruch Iykeh says:

    CBN should please please revers the secret employment they did the other time. Also suggest alternative for the said MMM

  74. Not taking risk is very risky. So please let it be oooooooo

  75. Biola Lawal says:

    Shadrach Swajiya Yissa

  76. Biola Lawal says:

    Edem Ekpenyon

  77. MMM is real and I love it.

  78. Who cbn epp?

  79. stay there and heed to CBN’s advice while i make my cool cash from mmm. being in Nigeria itself is a RISK’

  80. Akinrolabu Akinloye

  81. Sarah Sese says:

    Hmmmmn smiling uncontrollable… Long live mmm and mmm rocks

  82. By the special grace of God I wanna join MMM next week and nothing can stop me…… MMM is real, fuck CBN!

  83. Jonathan Chuks

  84. MMM is not an ivestment house, it is not a clearing house neither is it a deposit firm. It is simply a mutual fund community aimed at eradicating poverty by offering help to those who need help. The reward for offering help is the 30% you are preaching against. Tell me which banks organize charity activities to help the needy in the society? Nigeria is in a recession. CBN should please laise with necessary authorities to redeem our dear economy and not witchhunting the system that has proven itself to be true. No complain whatsoever has been entertained from its participants. So what is warning all about? Sustainability? ask South Africans how long MMM has been in that country and you will know better.

  85. Is well oo

  86. Am a proud participant….I’ll stick with mmm till it folds….u guys should keep warning n I’ll continue cashing out

  87. Lol naija I hail oooo

  88. . I heard SEC chairman today on channels tv tries to spew propaganda about MMM

    SEC campaign failed from d very start…
    MMM is risky, I know…
    MMM is Ponzi, I heard …
    MMM is a scam, I heard…

    Mavrodi is a ‘criminal’, no he was falsely arrested…

    -But do you know that all investments are risky?

    -Do you know that the global financial system is the biggest Ponzi scheme of all times?

    -Do you know that going to school, working your entire life and hoping on an unpaid pension is a devilish scam?

    -Do you know that the US Federal Reserve, our ‘master’ use every other person as a ‘slave’ with dollars as ‘shackles’, are the worst criminals?

    He can keep his propaganda to himself. Am getting paid everymonth on MMM, and so is every Mavrodian Long live MMM. Inbox me to find me out more about MMM and how to grow your money by 30% every 30 days

  89. Please guys follow your heart life itself it a risk.
    Here is another source of great income where we trade gold on live it’s a massive income
    Www. goggle it please. To no more about it please what’s up me +447448006861

  90. I just receive my money and my interest now as am typing dis so me don’t care wat CBN is pple mmm is real.d most important tin wit mmm is dat dy help us in Savin our money wit interest

  91. Daniel Jossy says:

    I just dey laugh naija, Cbn, SEC etc. Why?
    Bcos mmm doesn’t have a central acc u may want to freeze, and that’s why U Deceivers(cbn, sec, etc) will not succeed! am a happy participant ooo!!

  92. Sarah Sese says:

    Anoder way of promoting mmm pls keep d good work……lmao

  93. Pls can anyone enlighten more about mmm

  94. Osita Chukwu says:

    Alex Bello MMM is freaking real

  95. Mmm s d best pls if u are interested pin me. 30%of any amount pleaded. 08086996183 call to add u up

  96. I talk am

  97. Ehix Ehixx says:

    Mugu must fall make guy man chop…..what about swissgold

  98. Mmm pays

  99. Anny Udo says:

    stupid cbn

  100. Please what does it stands for(MMM)?

  101. Obi Oluchukwu Callistus

  102. For what?

  103. Mmm is so real, cbn are just jealous

  104. Mmm is real.

  105. CBN father, make we die first Nia una want abi, d only tin wen dey bring money for us una one spoil am for us. Thunder fire una. Graduates are wasting around cirtificate

  106. Mmm na u biko

  107. Joe Isibor says:

    Why don’t the central bank shot them down instead of telling us it is a wander bank. Nonsense

    • CBN is simply angry because they(MMM) don’t have a physical account in Nigeria they can collect charges from or freeze the account when the want to! They don’t really care for the masses if they do, they won’t be charging N65 on transaction ….fraudulent charges!!!

  108. Psalm 15:5 is against mmm for those that are believers of God’s word.

  109. I have a question. how do MMM system realise the extra 30% and other bonuses paid to participants?

  110. CBN my foot, even if you like call it magic it’s my own risk to take, afterall living my hard earned in so called banks is waste, all they do is to use it and be doing business on their own without any interest to me, rather they keep on reducting the money sending us all sorts of rubbish stories….. And it’s either monthly maintenance, sms charge or Bvn charge. Stupid country, where Interest and well-being of the poor masses is last on government agenda. MMM you, please keep putting smiles on the faces of people

  111. Ksee Chino Enogwe

  112. Who cbn help cefff…. U guys are really mad I swear….. Me I will continue doing MMM. lobatan lobapari

  113. MMM is rescuing lives dat has been abandon by d govt and dey r here blabbing nonsense. DEY should beta focus on fixing our currency strength rather Dan poke nosing into someone else success. Long live MMM. Where was the govt when graduate needed jobs and funding for biz proposals. Mtchew rubbish.!! We are wiser now

  114. No money in Nigeria bank CBN again lol MMM please help them that is why the are seeing all this I love you Mmm. Money making machine that is MMM

  115. vee says:

    CBN SHOULD just let us be mtschew

  116. Lol. As if they care..

  117. Evec Quality says:

    Mmm is great, and is secret success

  118. Abeg who be the theif and who be the catcher ? CBN that debit us every month for ATM maintenance of MMM that gives 30% after 30days of providing help, CBN we weren’t complaining, if you arrest any MMM member then you want to expose your incompetent to the world…. @egocentric set of ppl FG

  119. CBN is d highest fraudster, I just got paid yesterday….. MMM d in real thing

  120. Government says “participate in MMM at you own risk”

    – NEWS

    This is laughable!

    In Nigeria, I sleep at my own risk, I wake up at my own risk, I go out at my own risk, I come in at my own risk. I even put my money in the bank at my own risk. I do everything at my own risk.

    So there’s nothing special about doing MMM at my own risk.

    Is there?

  121. It will pay for some time…watch out

  122. Frank Aigbavboa says:

    Now they suddenly realize they have to protect the citizenry. They are the one people need to be protected from. Where was CBN, NDIC when banks were folding up with people’s investment disappearing? MMM has come to put smile in peoples life. let the people start crying before you can declare MMM a scam. Indiscriminate charges in the banks is not a SCAM? Judge yourself first.

  123. How do I join o

  124. florence says:

    MMM is the best thing that ever happened to the Nigerian economy.. the rich are against it because it is creating more of their type…MMM Nigeria is here to stay..#MMM is not fraud # MMM is here to stay # MMM together we change the world!

  125. Mmm is real make 30% of your money in 30 day is paying

  126. U av to risk b4 u can achieve, life is full of risk

  127. Ubong Ned says:

    CBN bank pls face your business allows Mmm to be because Nigeria government have failed us,Mmm have change our life for better.

  128. Chika Chiedu says:

    Nigerians r d one setting them selves backward… MMM has been helpful even d poor yet they complain just tell me u like to watch us suffer then I’ll understand not this bullshit u guys rant

  129. May almighty God punished the so call committee that sat down in agreement to publish sheet against MMM that has helping the common Nigerians. They should cover their eyes in shame because they could put end to poverty and recession in the Country only for them to be looking for ways to deceived Nigerians because of their enslavery way of live pretending to be employers of labour. Eyes don Open.

  130. Ezekiel says:

    Hahahahahahahahaha. You people are just so funny. Who will ever have MMM and still look for Federal Government work? Abeg mek una go rest, MMM is God sent in this time of financial crisis. Things are not getting better but MMM participants are the only set of Nigerians not complaining. We are not economising over here but leaving large.
    Media please do you have any other storry? Let’s hear better things abeg!!

  131. Kayler Miller

  132. Seth Ik says:


  133. Up MMM, together we change the world

  134. Idowu Favour says:

    Is MMM really a scam?
    Is it a scam to have a system that brings a community of people together that financially help one another, willfully, without being forced?
    Is it a scam to have a system that creates a platform for individuals to combat poverty at its core?
    We always say fighting poverty is a collective effort; Now instead of people stealing, cheating or robbing they join their hands in good heart to provide financially help to one another, is that scamming really?
    Is it a scam to see families that couldn’t afford to bring food on the table now able because of the financial help they have received from other nembers?
    Is it a scam to see students who couldn’t afford to have pocket money and monthly allowances in tertiary institutions now able to afford because of MMM?
    Is it a scam to see entrepreneurs rising from the capital money raised through MMM and in return they contribute to the economic growth of this country and create employment to thousands?
    I will tell you what a scam is?
    A real scam is to hinder people to their financial freedom yet encourage them to keep borrowing from your system so that they work for you and pay the rest of their lives if they live that long…
    A real scam is to have someone work 40 years of his/her life and after retirement that person must take the fruit of his/her years of hard labour and pay the debts and bonds that refused to end because of ever increasing interest rates.
    A scam is when your bank sends you an sms alert to inform you that you have earned #0. 50 on your money, and later charge you #4. 00 on the sms alert. Your bank also charges you exorbitantly every month on something you know nothing about ; and there’s nothing you can do other than to keep quiet because you have no choice.
    A scam is when your mobile network provider charges you on the service you never make a request for (caller tunes, news updates, etc)
    Working for a government and being paid the same salary as when 1 Dollar was N165 till now is a scam.
    Working for government for years without promotion is a scam.
    Working for so long and just getting a sack letter or retiring broke and in debt is a scam.
    Serving your country for one year and crying to get a job is a scam.
    Not being paid salaries for 5 months or more is a SCAM.
    Not being able to transfer your job to your children is a SCAM.
    Spending 6 years in Primary school, 6 years in Secondary School, 4, 5, 6 years in Higher Institution, 1 year Internship (for some) 1year of NYSC and at the end you still roam about looking for non-existing job is the REAL Scam.
    Meanwhile someone somewhere is enjoying financial freedom, making millions, driving brand new cars etc all in joining MMM without submitting CV, NYSC discharge Certificate etc….and people still say it’s a scam?
    Is it therefore a scam to have a system that produces people that can afford to buy a house they could have paid for 20 years in cash had such a system not been introduced?

  135. Gat nothing to say to CBN… Nigeria economy is crazy….. N for nw mmm is helping lots of pple financially
    I’m a bonafide member and i can’t deny the fact that mmm is really helping me n my FAM
    Any weapon form against mmm will neva prosper by God’s grace…….useless CBN Una no even get shame common sense is not common tho
    Team MMM 4 lyf

  136. Choice Obi says:

    This ppl is yet to understand the ideology of mmm

  137. Choice Obi says:

    Lol mmm till death