MMM, the illegal Ponzi Scheme, has it finally crashed?

Fast-growing money scheme, Mavrodi Mundial Moneybox (MMM), yesterday jolted millions of Nigerians and spelt a bleak Yuletide for participants when it placed a one-month ban on all withdrawals starting from December 13, sparking fears that the popular Ponzi scheme, which has since been declared illegal by the Federal Government, has crashed. A letter displayed on…

FG Unveils 10-Point Economic Roadmap to ‘WAKE UP’ THE ECONOMY.

The Nigerian government has unveiled a 10-point fiscal roadmap, designed to stimulate the economy and set it on the path of recovery and growth, according to Voice of Nigeria(VON). Highlights of the roadmap were rolled out by the Minister of Finance, Mrs. Kemi Adeosun, who represented the Vice President Yemi Osinbajo, at the annual dinner…

Introducing FGIAPP, the App for Nigerians to track activities of govt.

The Federal government on Thursday announced its plan to launch an application that will help Nigerians monitor the activities of the present administration. The app, according to the Minister of Information and Culture, Lai Mohammed will be called the Federal Government Information App (FGIAPP) and will be launched on 15 Dec. 2016 in Abuja. He…

Trump appoints Adebayo Ogunlesi who Manages Gatwick Airport to his economic team.

Nigerian-born  Adebayo Ogunlesi, who is the chairman of Global Infrastructure Partners, a private equity firm and one of Fortune 500 companies, has been named a member of an economic advisory forum  to US president-elect Donald Trump. The 63 year-old Nigerian is the only African face in the  16-man team, which  has  Steve Schwarzman, CEO of  private-equity giant…