Ponzi scheme to pay Nigerians in Bitcoins

MMM Nigeria will pay Nigerians in a virtual currency called Bitcoins as it plans comeback.

As part of its grand return on Saturday, January 14, 2017, MMM Nigeria has introduced plans to pay Nigerians in bitcoins.

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Nigerian banks are behaving like MMM this December

This December Nigerians banks have made it hard for millions of Nigerians to withdraw money from ATMs.

Nigerian banks have had no chill this December especially within the last 7 days. A week before Christmas several ATMs in Lagos had no cash in them or had one technical difficulty or the other.

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Why I Withdraw the Money I Invested in Mutual Fund

In October 2015, I started investing in one bank product (Mutual Fund). I started with N5, 000. In the following month, November 2015, I invested another N5, 000 - that is N10, 000.

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Tips to Survive Economic Recession in Nigeria Today

No one foresaw the economic state of the country today after the change we so desperately sought in the country was handed down to us. We were quick to forget that our value system has become so warped and clung to a wishful clandestine plot of the government to transform our economy miraculously.

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Benefits of Using Bitcoins as a New Form of Payment in Nigeria

If you live in Nigeria, you may have heard about Bitcoins. But what are they exactly? In order to fully understand why it is better to use Bitcoins, you need to know what they are in the first place.

Bitcoin is a kind of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. In short, Bitcoins is a digital version of money or e-payment.

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Nigerian billionaire Mike Adenuga has made a bid of $600m to buy Ivorian mobile telecoms operator Comium Cote d’Ivoire.

The second richest man in Nigeria and owner of Globacom ‘Mike Adenuga‘  has offered $600m for Ivorian mobile phone company. According to Forbes, his NET worth is approximately $4.7 billion.

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Etisalat Nigeria Begins Data Price War

Nigeria’s fastest growing and most innovative telecommunications company, Etisalat, has rolled out a more superior data experience at an affordable price with the introduction of Etisalat 2GB for N2000 data plan option.

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CBN Barks, to Publish Names of Chronic Bank Debtors

Central Bank of Nigeria (CBN) said it would publish the names of chronic bank debtors and waxed worriedly about the growing amount of non-performing loans in the books of banks in the country.

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Julius Berger Mulls Partnership with Power Sector Investors

Construction giant, Julius Berger, has said it is considering potential partnerships with credible investors willing to invest in the upgrade of Nigeria’s electricity supply systems.

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Adebayo Ogunlesi Acquires London Gatwick Airport

A Nigerian, Adebayo Ogunlesi, has acquired the London Gatwick Airport in a £1.455 billion agreement with BAA Airports Limited, according to AfricanCelebs.

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Nigeria’s Access Bank sees ‘little’ impact from naira devaluation

Nigeria’s Access Bank does not expect to take a hit from the naira’s devaluation, its chief executive said on Wednesday, because many of its customers are generating revenues in foreign currencies.

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