N396/N400 (updated 24.3.17:close)
buying/selling naira exchange rates per USD
Saturday, 11 February 2017

Following recent turbulence that marred popular ponzi scheme MMM Nigeria, the organizers have run into problems returning the investment of users whose funds are trapped in the system.

To solve the issue, MMM says it has paused payout of "old Mavros" (monies brought into the system in December 2016 and before) but will allow users who invested in the scheme from January 2017 and beyond to withdraw their funds in the name of "new Mavros" or "2017 Mavros."

It also promised to slowly roll out payment of "old Mavros" to investors with time. This is exactly what Somtoo Okoye blog predicted about the pyramid scheme when it went on freeze last year.

Here's the press release by MMM in regards to the latest development:
МММ Nigeria Is Coming Back to Normal
Dear members,
MMM Nigeria lifts all the limits for Mavro, acquired in 2017. So, MMM Nigeria is coming back to normal. And now the members can actively develop the Community and create new requests to provide help. For these requests orders will soon arrive, and after Mavro’s confirmation it will be possible to withdraw these Mavro without any restrictions or limits! Only Mavros acquired in 2016 remain under restriction. But we are actively working on new measures to make it possible for the members to withdraw Mavro-2016 in a larger amount without undermining the sustainability of the Community.
In the folder (see the link below) we have collected the screenshots of Personal Offices of members who received orders for their GH requests:
Spread the screenshots via chats, social media and messengers. Let everyone know that MMM Nigeria is working. Every Nigerian should be aware that MMM is functioning well. It is very important!
Now everything depends on you, on your activity as members and guiders. MMM offers the people a platform for help exchange. And the members should turn this idea of mutual help into reality. So, now it is time to create PH requests (amount does not matter, try to provide help for small amount and you will see that MMM is working)! It is time to invite new people to MMM! These days we have to be more active than ever before. It is high time to work hard! We have to show everyone the real power of MMM ideas and values.
MMM Nigeria will overcome!
Together We Change the World!
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