Velox 10 Global, a bitcoin pyramid scheme operating in Kenya has reportedly vanished with money from its customers…
Bitcoin for beginners
Bitcoin is both a trending and confusing concept. This article answers the questions that Nigerians often ask about this virtual currency.…
Gist of the week: Ambode in Yaba, Efritin’s closure and the resurrection of MMM
Not subscribed to our newsletter? You can sign up here. Yabacon Valley is on fire! Having attracted the attention of the supreme royal prince of the tech world, aka Mark Zukerberg, Yabacon has been th…
Nigerians react as MMM returns, one day early
Nigerians take to social media to react to the news of the return of MMM. Many have resorted to humor which is true to our Nigerian nature…
MMM sends beneficiaries into panic mode as accounts are frozen
Yesterday, I speculated in an article that the letter allegedly sent from the CEO of MMM, Sergey Mavrodi to President Muhammadu Buhari was a publicity stunt gone right. Suggested read; How MMM used th…
How MMM used the Nigerian media to spin PR magic
Through yesterday, the media was awash with news of an open letter from Sergey Mavrodi, the founder of Mavrodi Mondial Movement (MMM). In less than a year, MMM has risen through the ranks of lesser Po…
MMM: 7 reasons why real entrepreneurs are not interested
MMM is trending here in Nigeria. Every week, I get an average of five invites across all social media platforms to join the MMM ‘movement’. In the unlikely event that you have not heard of MMM, havin…
By leapfrogging Facebook in traffic, MMM challenges Nigeria’s mobile-first status
Nigerians have become quite familiar with the Mavrodi Mondial Movement — or MMM as it is fondly called — the new craze that took the country by storm in the last quarter of this year. Base…