Categories: Economy

MMM Crashes Again In Nigeria

The Mavrodi Mondial Movement, also known as MMM Nigeria has crashed again for the third time.

Andrew Marc a op Guider, took to his Facebook page on Wednesday morning to blame himself for the latest crash while confessing that there was no more ‘Provide Help’ (PH) in the system.

This Marks the third time MMM has crashed in Nigeria. First was in December 2016, the second in August and now in October.

Just recently, MMM came up with the plan to inflate the interest from 30% to 100% a move that lured many Nigerians to ‘re-invest’ in the system.

He wrote, “There were big PHs which were unmatched. And we thought that PH exceeded GH. But it revealed that those PHs were fake.

“Now its clear that the GH exceeds PH. And they’re not enough PH to dispatch. It was a big mistake done by us (especially me).

“The reasons of misinterpretations of statistics that before we did not fully have random matching when matching proceeds consequently from the earliest PHs to the latest one, it’s obvious what volume of PH we have in the queue. But it was random.

“We thought there was enough PH.”

Recent Posts

Harsh Economy: Nigerians React As President Tinubu Spotted With Over 60-Vehicle Convoy In Lagos

In a video making waves on social media platforms, Nigerians have reacted with mixed feelings…

11 hours ago

Man Arrested For Insulting President Tinubu, Sanwo-Olu, IGP

A popular Nigerian TikToker identified simply as Seaking has been arrested by operatives of the…

17 hours ago

The Longest Prison Sentences Ever Served

Throughout history, some individuals have endured extraordinarily long prison sentences, with their stories reflecting the…

18 hours ago

Families Call For Help As DSS Arrests Lovers In Osun Community

There is growing tension in Modakeke, Osun State, following the alleged arrest of two lovers,…

22 hours ago

Ibadan Stampede: I Regret Not Heeding Spiritual Warning – Woman Who Lost Two Kids

A victim of the stampede that occurred in Ibadan, Oyo State capital, which has claimed…

22 hours ago

Trending Stories In Osun Today

The vibrant Osun State is no stranger to captivating events and headlines that draw attention…

22 hours ago

This website uses cookies.