Business
‘There is no better time to make money on MMM than now’ – Consultant explains reasons behind ‘Money Freeze’
As anxieties continue to mount over the suspension of the popular Mavrodi Mundial Moneybox, MMM, by its administrators; promoters, consultants and subscribers have assured both the participants and prospective participants that there is no better time to make more money than now.
Some of those who spoke to Saturday Vanguard maintained that the fear of the scheme crashing was misplaced, adding that other activities such as pledging to get help and registering for providing help were ongoing. An unofficial consultant, analyst and participant in the scheme, Osa Amadi said despite the misconception of the suspension, it is the best time time to make money as all it is required is to pledge to give help of a certain amount of money while the money remains in the pocket pending the lifting of the suspension and maturity date.
According to him, “the fear of MMM crashing is misplaced. I know a lot of people were stampeded into withdrawing their money from the scheme, just like it happens in the conventional banks when there are rumors of distress and people begin to lose confidence. So, the MMM administrators got wind of that fears and moved to stem the impending catastrophe. So, they stopped withdrawal, while all other activities of the scheme are still going on such as the Mavrod growth. As at today, December 15, 2016, people are still getting orders to be matched with participants. By January, the scheme will open up fully and people will start receiving money again. There is no better time to make money in MMM than now. He explained that: “if you offer to provide help, nobody will receive your money now based on the suspension of withdrawal. Your money will stay in your pocket for 30 days which is incidentally the maturity period in MMM.
So, while your money is still in your pocket, it has matured for interest. The day you will be paying, the following day you will be collecting. Unlike before your money will have to be in the system for three weeks or more before you withdraw. It is a rare opportunity and experienced brokers like me will know that there is no better time to make money than now.”
The problem was caused by the panic and remember that people are going on holidays, so everybody wanted their money for the Yuletide, and there was this mass withdrawal and the administrators had to stop the trend. He maintained that some top members of the scheme who are called Guiders have been directed to pump money into the scheme in order to respond promptly to any shortfall in withdrawal request so as to keep the scheme going. “The Guiders are the leaders in MMM and they have received matching orders to move fund into the scheme. They are the highly rich participants in MMM. So, with this order, there will be excess fund to pay people in January. A participant in the scheme, who does not want his name in print said: “Don’t panic, it’s all for good. Recently, MMM started a promo called holiday bonus in which they were giving 20% extra on top of the 30%.
They instructed that the bonus would only go for new money not money that is already in the system. But participants as stubborn as they are wanted to withdraw money from the system and reinvest it to get the holiday bonus. If this was allowed, the withdrawal level will rise so high that it will surpass the donation level and finally crash the system. The bonus was meant for new money not old money in the MMM system already. “Remember, PH still continues only that people will be matched by January. Their Mavro will be growing but it won’t be matched till January when GH starts. If this measure wasn’t taken, MMM would have crashed last week. So, as the case is now, money will keep growing till January. Please don’t panic, MMM did this to ensure that the system is sustained and that it doesn’t crash. A promoter known in the scheme as a Guider, who is believed to have benefited immensely from the scheme rationalised the move on the social media saying that it was meant to strengthen the scheme for continuity. “I want to say that this new message that seems to be causing panic out there in the hearts of all MMM participants, does not say that nobody will be able to Get Help, GH until January, instead the message is saying that you will not be able to GH until after 30days that you actually made the payment of your PH and the recipient confirms. Meaning that your money must actually spend minimum of 30days outside. So, for example, if you are Providing Help PH of 100K on 5th November, and you are matched to pay on 10th November, assuming that you made the payment but the recipient does not confirm your order until 15th November when he finally confirms receipt of your payment, from that instant (15th November), your Mavros will change status to “confirmed” ( irrespective of colour Blue or Green ), so you will only be able to request for help (GH) on that particular 100k + 30% growth as from 15th December. It is not that you can’t GH before
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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