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Nairaland Forum / Nairaland / General / Investment / Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? (21181 Views)
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Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by moscobabs(m): 4:09pm On Jan 20, 2017 |
because they are lazy and greeting and they loose focus plus insight 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Moreoffaith(m): 4:09pm On Jan 20, 2017 |
IF SAY BEFORE DEM FOR DON CUT YOUR HEAD WITH THIS KIND THREAD WEY U OPEN.. |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by tammie24: 4:09pm On Jan 20, 2017 |
Everybody wan make front page sha The hustle is real 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by lordizak(m): 4:09pm On Jan 20, 2017 |
Truth is, seeing is believing. |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by peter0071(m): 4:09pm On Jan 20, 2017 |
this is where you are wrong. you and your friends can come together and do a business project together... for example Agricultural investment.... kilokeys: |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Estimable(m): 4:09pm On Jan 20, 2017 |
slaknoah: Ure entitled to ur opinion, Pakia one side 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by rejoice4eva(m): 4:10pm On Jan 20, 2017 |
We are very selfish and naturally wicked. 2 Likes |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by win3k: 4:11pm On Jan 20, 2017 |
slaknoah: It means you are not a smart person, otherwise you should understand Nigerian follow follow mentality. Nigerians all go to church or mosque. Almost nothing in the middle Nigerians like buying the same cars because someone passed rumour around that a particular car is the best Nigerians eat almost the same foods despite the thousands of variety all over the world Nigerians educate themselves with a small list of degrees like sociology, mass comm and biochemistry Almost all Nigerians believe in juju, flying witches and charms! Nigerians constantly allow mediocre and illiterates into leadership positions based on silly things like tribe and religion So if mmm or drink cow piss and get rich scheme comes along they will simply follow and ask questions later! 11 Likes 2 Shares |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by shakes101(m): 4:11pm On Jan 20, 2017 |
men..... mmm is dieing gradually ooooh |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Aburi001: 4:12pm On Jan 20, 2017 |
kilokeys:Greed and laziness make Nigerians to embrace MMM, NNN, Ultimate cycle etc..... Period!!! 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Nobody: 4:13pm On Jan 20, 2017 |
slaknoah: The same people lost their monies in stock market. Aha! I remember has the fg paid those who lost their monies in the following banks: 1 Abacus Merchant Bank Ltd Jan. 16, 1998 2 ABC Merchant Bank Ltd Jan. 16, 1998 3 African Express Bank Ltd Jan. 16, 2006 4 Allied Bank of Nigeria Plc Jan. 16, 1998 5 Allstates Trust Bank Plc Jan. 16, 1998 6 Alpha Merchant Bank Plc Sept. 08, 1994 7 Amicable Bank of Nigeria Plc. Jan. 16, 1998 8 Assurance Bank of Nigeria Plc Jan. 16, 2006 9 Century Merchant Bank Ltd. Jan. 16, 1998 10 City Express Bank Plc Jan. 16, 2006 11 Commerce Bank Plc Jan. 16, 1998 12 Commercial Trust Bank Ltd Jan. 16, 1998 13 Continental Merchant Bank Plc Jan. 16, 1998 14 Coop. & Commerce Bank Plc Jan. 16, 1998 15 Credite Bank Nig. Ltd Jan. 16, 1998 16 Crown Merchant Bank Ltd. Jan. 16, 1998 17 Financial Merchant Bank Ltd. Jan. 21, 1994 18 Great Merchant Bank Ltd. Jan. 16, 1998 19 Group Merchant Bank Ltd. Jan. 16, 1998 20 Gulf Bank Ltd Jan. 16, 2006 21 Hallmark Bank Plc Jan. 16, 2006 22 Highland Bank of Nig Plc Jan. 16, 1998 23 ICON Ltd. (Merchant Bankers) Jan. 16, 1998 24 Ivory Merchant Bank Ltd. Dec. 22, 2000 25 Kapital Merchant Bank Ltd. Jan. 21, 1994 26 Lead Bank Plc Jan. 16, 2006 27 Lobi Bank of Nig. Ltd. Jan. 16, 1998 28 Mercantile Bank of Nig. Plc. Jan. 16, 1998 29 Merchant Bank of Africa Ltd. Jan. 16, 1998 30 Metropolitan Bank Ltd. Jan. 16, 2006 31 Nigeria Merchant Bank Ltd. Jan. 16, 1998 32 North-South Bank Nig. Plc. Jan. 16, 1998 33 Pan African Bank Ltd. Jan. 16, 1998 34 Pinacle Commercial Bank Ltd. Jan. 16, 1998 35 Premier Commercial Bank Ltd Dec. 22, 2000 36 Prime Merchant Bank Ltd. Jan. 16, 1998 37 Progress Bank Ltd. Jan. 16, 1998 38 Republic Bank Ltd June 29, 1995 39 Rims Merchant Bank Ltd. Dec. 22, 2000 40 Royal Merchant Bank Ltd. Jan. 16, 1998 41 Trade Bank Plc Jan. 16, 2006 42 United Commercial Bank Ltd. Sept. 8, 1994 43 Victory Merchant Bank Ltd. Jan. 16, 1998 44 Eagle Bank Plc. Jan. 16, 2006 45 Liberty Bank Plc. Jan. 16, 2006 The above list of closed financial institutions does not contain the names of these banks whose licences were revoked by the Central Bank of Nigeria but the Federal High Court is yet to issue winding up orders and appoint the Corporation as Liquidator for the banks. Due to court actions instituted by some of the closed banks’ shareholders challenging the revocation of their banks’ licences, the Corporation was unable to conclude the closing exercise and initiate the payment of deposits to depositors of the banks. To view the record of Court Proceedings for such closed banks, go to Litigation under Legal Matters/Regulations A1. Savannah Bank of Nigeria Plc, licence revoked Feb. 16, 2002, click sbn-court-proceedings A2. Peak Merchant Bank Limited, licence revoked Feb. 28, 2003,click pmb-court-proceedings B1. Eagle Bank Plc, licence revoked Jan. 16, 2006, (NDIC appointed Provisional Liquidator) click eb-court-proceedings B2. Fortune Bank Plc, licence revoked Jan. 16, 2006, (NDIC appointed Provisional Liquidator) click fb-court-proceedings B3. Liberty Bank Plc, licence revoked Jan. 16, 2006, click lb-court-proceedings B4. Societe Generale Bank of Nigeria Plc, licence revoked Jan. 16, 2006, click sgbn-court-proceedings B5. Triumph Bank Plc, licence revoked Jan. 16, 2006, click tb-court-proceedings http://ndic.gov.ng/closed-financial-institutions/ 7 Likes 2 Shares |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by dman4mdmoon(m): 4:14pm On Jan 20, 2017 |
Greed! Get-rich-quick syndrome! 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by fyneboi79(m): 4:14pm On Jan 20, 2017 |
kilokeys:The more reason why only foolish people will fall for such scheme. 30% ROI within that short period is outrageous. 2 Likes |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Nobody: 4:16pm On Jan 20, 2017 |
kenonze: na waoooo see ya life.. what level of deception.. I made N30 million just now from MMM otu! 3 Likes |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by gafoo4u: 4:16pm On Jan 20, 2017 |
It's greed and I think they have learnt their lesson. No free money anywhere in the world. my mavro is growing, my mavro is coming back, my mavro is better than Nigerian govt. Then go and provide help now 1 Like 1 Share
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Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by louqas: 4:16pm On Jan 20, 2017 |
slaknoah: Greed is the only reason. Now that MMM has crashed the flock to other ponzi schemes with vengeance 2 Likes |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by uchwar1: 4:16pm On Jan 20, 2017 |
kilokeys:oh my Geography! God pls provide job for our youths 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Nobody: 4:16pm On Jan 20, 2017 |
Aburi001: You that is very hardworking and not greedy how much have you made in life? You think that wealth comes solely from hardwork? If it is so, barrow pushers, okada riders, keke operators, etc would have become millionaires. 8 Likes 1 Share |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by vRendoh(m): 4:18pm On Jan 20, 2017 |
Esuatic generation of quick quick results...brainless..wasted education/ certificates....very shameful 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by sekem: 4:19pm On Jan 20, 2017 |
I think it's simply because so many of them are fools. MMM says invest spare cash only. If so many of these fools heed that advice, I'm sure the music would have been different today. But look at them now. They are gnashing their teeth now in pains and regret. But yet they will never learn. The worst thing that can happen to somebody is to be foolish, ignorant and poor all at the same time. 3 Likes |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by OBAGADAFFI: 4:21pm On Jan 20, 2017 |
slaknoah: It is due mental laziness and Bandwagon effect. Lots of investor got up-to 50% ROI On the floor of NSE As at December. Most of these Ponzi scheme investors dont care about how the it works, all they want is money. 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by femi4: 4:24pm On Jan 20, 2017 |
kenonze:joyful donor? 2 Likes |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by thunderbabs: 4:28pm On Jan 20, 2017 |
Coz as Nigerians, we don't like sitting down on a Looooongggg thing. Hp that answered ur question. 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by brojoshua: 4:30pm On Jan 20, 2017 |
The blank truth is that (almost) all Nigerians themselves, almost all of us are crooks and wickedly corrupt, all will worn over and enticed by master crooks and scammers. Liars will listen to and obey greater liars rather than the few who tell them truth. Even Nigerians will troop after their false pastors rather than the few true ministers of Christ, and as Nigerians will demonstrating in support of those who looted all their common wealth and threw them into abject poverty. 6 Likes |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by wildchild1: 4:31pm On Jan 20, 2017 |
Because we like quick money Check my signature 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Nobody: 4:31pm On Jan 20, 2017 |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by brojoshua: 4:33pm On Jan 20, 2017 |
The blank truth is that (almost) all Nigerians themselves, almost all of us are crooks and wickedly corrupt, all will be worn over and enticed by master crooks and scammers. Liars will listen to and obey greater liars rather than the few who tell them truth. Even as Nigerians will troop after their false pastors who deceived them rather than the few true ministers of Christ, and as Nigerians will be demonstrating in support of those who looted all their common wealth and threw them into abject poverty. So you see that our situation in Nigeria is a sorry state 1 Like |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by jashar(f): 4:40pm On Jan 20, 2017 |
Most Nigerians suffer form a disease called,'Get Rich Quick Syndrome' Majority of Nigerians are mentally lazy in the right direction. To do bad things, they are sharp, but use that same brain to come up with something legal and enterprising, Mbanu.... instead they prefer things like, 'DEAR CUSTOMER, TO BVN VALIDATION IN COMPLIANCE WITH CBN BANK DIRECTIVE, YOUR ATM CARD HAS BEEN DE;ACTIVATED FOR RE;ACTIVATION CALL 09067736287' The dundi couldn't even write well sef 5 Likes |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by nextstep(m): 4:48pm On Jan 20, 2017 |
kilokeys: Why call him myopic? It's established world-wide that real investments return 4%-12% over time. Anything more than that is speculation, which is never sustainable. Whether it's real estate, stocks, MMM or other business venture: if you hear 30% returns... pause. It might be 30% today, but when it reaches your turn, it will be -100%. 5 Likes 1 Share |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Mujtahida: 4:56pm On Jan 20, 2017 |
tammie24:They are greedy for front page and likes, things that cannot put food on the table yet it's easy for them to label MMM participants who tried to meet real needs as greedy. This is not a vote for MMM but the hypocrisy of many here is really appaling. 5 Likes 1 Share |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Bjergtrolde: 4:56pm On Jan 20, 2017 |
kenonze: Do you sell Dangote cement or cars seized by customs? How post reads like one of those spam messages offering one of the above |
Re: Why Do Nigerians Prefer To Invest In Schemes Like MMM To Doing Real Investment? by Kazrem(m): 4:59pm On Jan 20, 2017 |
slaknoah:You have answered it. Quick money. |
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