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Why Are Nigerians Still Investing In MBA Forex, BARA And Others? - Investment (10) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Why Are Nigerians Still Investing In MBA Forex, BARA And Others? (109796 Views)

Bara Finance. Legit Or Scam? Share Experiences / MBA Forex (please I Need Better Explanation) / Who Have Invested In MBA? (2) (3) (4)

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Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by SaintUlot: 4:33am On Oct 28, 2020
Psalmistproject:


Do you believe in forex trading?
If the aboki people can trade forex on the road and make money, why are you against a firm that has publicly declared they trade forex and various commodities including stocks to make profits.

Google forex trade.
Compare ponzi scheme.
Then find out how much one can make if he is really good.

So aboki make 15% monthly? Answer the question yourself
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by SaintUlot: 4:39am On Oct 28, 2020
WIZGUY69:
Honestly, The person that brought this topic to FP is a very big foool. See the title like MBA & others sells human parts or deal in drugs. I know Nairaland to be like Nigeria NTA, Old & unprofessional. Never knew it has gotten to this stage. Keep wallowing in your past glory; Seun and friends. You too Op Red Oil & Gas, You must be a big fool continue. What you looking for you will see

I know how you feel bro, you went back memory lane and you remembered that MMM and GHW problem started right here on nairaland the moment their panic thread hit front page. That singular act made their death come quicker than anticipated.
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by SaintUlot: 4:43am On Oct 28, 2020
utenwuson:
Biko.... O just invested 1m in bara....only got one month.... Make una chill abeg

You shouldn't think about yourself alone, you ought to have solicited for everybody who invested in Bara and not only you. Nigeria will start moving forward when we start thinking about others and not just ourselves alone.
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by henryobinna(m): 4:43am On Oct 28, 2020
Cryptofxt10:


Okay sir. Its very obvious you are one of those MBA clients. Well, I'm not against your company sir. I'm only here to train those willing to learn how to fish themselves.
On the contrary, am neither a client nor a staff of the business. I just had to set the records straight

1 Like

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by SaintUlot: 4:48am On Oct 28, 2020
mployer:


You better remove your money.

The crash is imminent cheesy

Please don't scare away potential investors from investing in Mba forex, if those people didn't bring their own money, how will his own money come out. Investments from new people and rollovers has been sustaining the scheme till now, it is used to makeup for any lapses or shortfall that might come up while trading.

3 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Monjerk: 5:45am On Oct 28, 2020
SaintUlot:


Please don't scare away potential investors from investing in Mba forex, if those people didn't bring their own money, how will his own money come out. Investments from new people and rollovers has been sustaining the scheme till now, it is used to makeup for any lapses or shortfall that might come up while trading.

Have you ever wonder how MBA manage to cope during the pandemic period that so many business were affected and you will agree with me that mba didn’t get new investors that period but they were successfully paying their existing investors their ROI, so where did they get the money to do the cycling then?

8 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by fexyrich(m): 5:45am On Oct 28, 2020
My brother I was at the communion service where pastor chris strictly washed his hands off anyone risking his funds in any Ponzi scheme...I never knew bro Maxwell odum was the bone of contention until I saw what mba forex was doing .That's when I suspected he could have been the reason pastor made such declaration...I pray lots of members don't loose millions to them and heed to pastors instructions
Wickedtruths:

Only fools are still putting money in MBA Forex. The earliest investors have cashed out. Vodina West one of the founders of MBA has left. She is a lawyer and she knows what is coming. Chris Oyakhilome who gave Maxwell Odum award last year has washed his hands off MBA Forex. Only fools remain with MBA.

Once MBA collapses, other forex scams would collapse cos confidence would dissappear.

1 Like

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Wickedtruths: 6:00am On Oct 28, 2020
SmartPolician:

Ignoramus, Nigeria neither regulates the FX trading market nor its players

Very soon, your eyes would clear. Continue to wallow in stupidity.
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Phoenix9: 6:26am On Oct 28, 2020
ahiboilandgas:
When will Nigerians learn that these are pyramid schemes that will collapse and new investment that is used to pay old investor untill it collapses.....

Nigerians lost 30bn in MMM and other unknown schemes ...

There is no free money anywhere, even Dangote with his big factory is doing 27 percent per annum. Then someone will tell you he will give you 170 percent per annum?


OP, I expected you to enumerate statistical analysis why you are saying so and not just to make an unsubstantiated statement.
MBA is SOLID and PROVEN.

6 Likes 1 Share

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Cryptofxt10: 6:38am On Oct 28, 2020
EmmymTr:


If you have made money enough why not start a company, poor masses
I have and I have too..
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Cryptofxt10: 6:39am On Oct 28, 2020
Soleye24:

I want to learn forex
WhatsApp : 0901127094.9
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by ufotty2001: 6:45am On Oct 28, 2020
fexyrich:
My brother I was at the communion service where pastor chris strictly washed his hands off anyone risking his funds in any Ponzi scheme...I never knew bro Maxwell odum was the bone of contention until I saw what mba forex was doing .That's when I suspected he could have been the reason pastor made such declaration...I pray lots of members don't loose millions to them and heed to pastors instructions
Is it not the same pastor Chris that gave him award when he started.. the same pastor in a long run wash his hands..

2 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Samcathe: 6:49am On Oct 28, 2020
israel19israel:
Now this is what majority of investors fails to do, don't ever invest in an investment you do not have adequate knowledge about.

Where in the world does returns on investment is 180% per annum, thou I do agree that people make money from forex and they also loose money as well and sometimes they loose so greatly. Think about the overhead costing of MBA, they will pay rent of over 10mansion offices across Nigeria,they will pay all staffs working for them, they will fuel their generators, pay taxes and still pay you 180% interest plus capital, haba. Are they magician. That means they must have gotten 600% interest from their total capital. If they gain so much within a year then what about their lost?

The one that even baffles me was during the Pandemic when all money markets was down, shares was showing red, stock down, Treasury bill down, crude oil selling below $10 but in the midst of all these, MBA was still paying interest, the question is from which economy were they making profit from forex at such point. What it means is that they were taking from Paul to pay Peter. I have two close friends who had lost so greatly to forex, they are professionals but they told me there will always be a bad days. I remember even helping one of them with #10k, someone that has up to $3k in forex but lost all.

MBA may be professional but there are bad days and I don't think they are communicating that with their investors. This people are running so much expenses on their operations and they are still paying 180%, the question is HOW. maybe Dangote, Otedola, Adenuga, Elumelu, Ovia, Okoya, NSA, CBN. needs to come and learn Investment from MBA since they are the greatest in Nigeria paying investors 180% per annum

As my mentor will always tell me, that every investment is a risk but never invest in an investment that the risk can't be calculated. You should always go for the lowest risk and with securities guaranteed.

I have studied some top Nigeria Investment portfolios and I discovered Real Estate Landbanking happens to be the best because of its lowest risk and securities around it.

You invest in Landbanking and get ROI of 36%, a legal deed of investment would be issued, post dated cheque of your capital and interest issued, Aiico Insurance on your capital issued, and Copy of Land documents as a CO owner of the land banking.

Lands are purchased by a real estate company with your money, package and alllow to Appreciate in a short while and they sell, then share money among investors.

What kind of investment can be safer than Landbanking yet some people wants to double their money in 24hours if possible.

I have a friend who withdrawn his money from Treasury bill and invested in the Landbanking, the beauty of it is that you can even get an upfront interest payment but T&C apply while you get capital at maturity date.

Think of the 36% interest return, Treasury bill, Shares and Stock do not give up to that amount and they also crash at some point. Example is during the Pandemic. Real estate was stronger and resilent.

If you invest #5.1m , you will get #1,836,000 interest less withholding tax of 5% only.

Salary will make you rich but Investment is what makes you Wealthy and remain Wealthy.

I can give you more details if you wish
Call or WhatsApp me 09085842255


The wealth of the people you mentioned here can feed a whole nation. Can't you see the big picture?

Don't tell me they can't pay beyond what they are paying.

Recently, one of them spent over 200 million just in one day. That's only what we can see.

They are living in affluence, how? From the same biz you claimed they can only afford 36% profit for investors per annum.

People investing in MBA and co are adults. Let them enjoy their ROI while it lasts.

Why condemn one investment to introduce yours.

Theres no 100% guarantee in any investment even if they pay you 1% per annum.

8 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by ufotty2001: 6:50am On Oct 28, 2020
YoungBuffet:
how many Peter did Maxwell robbed to pay Paul during total lock down? infact, there was pulled out of funds by investors during that time and yet I was sleeping money was entering my accounts.
during covid-19 I thought that MBA will crashed for good 5months MBA paid ROI exactly the due date despite total global lockdown...

3 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by utenwuson: 7:06am On Oct 28, 2020
SaintUlot:


You shouldn't think about yourself alone, you ought to have solicited for everybody who invested in Bara and not only you. Nigeria will start moving forward when we start thinking about others and not just ourselves alone.
you getting it all wrong, I'm not in any way soliciting fit only Me bro... We are all in this, and together, bara will grow even stronger
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by InvertedHammer: 7:34am On Oct 28, 2020
/
We chided people for falling for the MMM gimmicks. But they called us losers and said we were envious. Since then I ain't advising anyone anymore financially. Like they always say, "afterall it is our money".

Just leave them to learn the hardway. A f00l and his money are easily separated.

\

1 Like

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by kellybently(m): 7:39am On Oct 28, 2020
Obierika:


Share it here in public if what you say is true!

Account ID: 267757

Investor Password: www.forexpipkiller.com

Server: SuperForex-Real

Broker: Super Forex
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by ChybuzzDD(m): 7:41am On Oct 28, 2020
Phoenix9:



OP, I expected you to enumerate statistical analysis why you are saying so and not just to make an unsubstantiated statement.
MBA is SOLID and PROVEN.

The mad man lost so much money in the NSE in 2007, yet, I didn't see him create any thread to fight the NSE.
To self-acclaimed "investment experts" like him, there's a difference between losing money in stocks and in other platforms.

1 Like

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by kellybently(m): 7:42am On Oct 28, 2020
donprinyo:

Don't worry, I'm already an investor since December 2019. So stop disturbing yourself trying to convince anyone. Anybody that has balls should do like others. There is nothing like easy money

Account ID: 267757

Investor Password: www.forexpipkiller.com

Server: SuperForex-Real

Broker: Super Forex
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by SmartPolician: 7:50am On Oct 28, 2020
Wickedtruths:


Very soon, your eyes would clear. Continue to wallow in stupidity.

Calm down

Every business has risks

2 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by MariamAlheri: 7:50am On Oct 28, 2020
jabolo:


Sorry, never heard of them but please do your own research. These things are proliferating because Nigeria seems to be a fertile ground for them and, I must say, our people are easily swayed.

Good luck.

Alright, I will. Thanks.

1 Like

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Jamesrock(m): 7:51am On Oct 28, 2020
swoter99:
The poster is ignorant about the modus operandi of forex Companies.Me personally dey trade forex and I know how lucrative it is not to talk of people that pull resources together. My dear you were paid to post this

My 360k go soon complete! Should I put my money in MBA forex!

I need honest answers

1 Like

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Jamesrock(m): 7:59am On Oct 28, 2020
safetyboot:
MBA ALERT IS SWEET: 13TH MONTH STILL COUNTING smiley smiley
Pls be serious
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by AndLeo(m): 8:15am On Oct 28, 2020
fexyrich:
My brother I was at the communion service where pastor chris strictly washed his hands off anyone risking his funds in any Ponzi scheme...I never knew bro Maxwell odum was the bone of contention until I saw what mba forex was doing .That's when I suspected he could have been the reason pastor made such declaration...I pray lots of members don't loose millions to them and heed to pastors instructions

I was in the communion service. Pastor Chris never mentioned MBA. He said ponzi schemes. MBA is not a ponzi scheme.

4 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Lamda05: 8:37am On Oct 28, 2020
Did MMM, Pennywise, Box value, BTD, etc call themselves ponzi schemes

AndLeo:


I was in the communion service. Pastor Chris never mentioned MBA. He said ponzi schemes. MBA is not a ponzi scheme.

2 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by aurorae1: 8:41am On Oct 28, 2020
angeltolly:


Oh cool. How long have you been doing it? What's the moniker

September. I will say they have started to have customer care issues, as they are now getting popular. I think it's kayodefx.
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by WIZGUY69(m): 8:44am On Oct 28, 2020
SaintUlot:


I know how you feel bro, you went back memory lane and you remembered that MMM and GHW problem started right here on nairaland the moment their panic thread hit front page. That singular act made their death come quicker than anticipated.

I remembered.
This is honestly Stupid of the entire Nairaland team to bring this kind of topic on front page.
Seun et al.
I am disappointed.
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by YoungBuffet: 8:48am On Oct 28, 2020
Plus10:

Op don't even go there,MBA has been proven and trusted.Alots of businesses were completely down during the pandemic but MBA was consistent in payment.If it there to be a ponzi scheme there was no way they could have survived the covid-19 era.You talkinging of saving Nigerians from falling prey by creating this thread is the most funniest I have ever heard in recent times.Where were you and your so called low risk invest like NSE stock during the pandemic?How many Nigerians did you send pallatives to ?I was personally left with nothing during the pandemic but God saw me through with MBA.I thank God for a friend who introduced me to MBA before the pandemic.During the pandemic,all the stocks I invested were all showing red with no investor to buy even at a cheaper price.Imagine I followed people like Op advice by now na Village for see my self.By the way,MBA 14th alert landing in 3days time.Long live MBA and her investors!


Yes oo total lockdown but account was not lockdown. Imagine sleeping money entrying account infact, God help me to send palliative to my people from MBA ROIs during lock down and the prayer alone will not even allow anything happen to MBA. MBA for life

3 Likes

Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by AndLeo(m): 8:53am On Oct 28, 2020
Lamda05:
Did MMM, Pennywise, Box value, BTD, etc call themselves ponzi schemes


Say it the way Pastor said it. Stop misquoting him.
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by Lamda05: 8:56am On Oct 28, 2020
Lol. The truth is that ponzi schemes dont call themselves ponzi. People only call them ponzi, after they fail to pay. Its not limited to forex biz alone. Even in agrictech.

The caveat is this, Once you offer exceptionally high returns with almost zero risk, then you are most likely a ponzi.

AndLeo:


Say it the way Pastor said it. Stop misquoting him.
Re: Why Are Nigerians Still Investing In MBA Forex, BARA And Others? by donprinyo(m): 9:26am On Oct 28, 2020
kellybently:


Account ID: 267757

Investor Password: www.forexpipkiller.com

Server: SuperForex-Real

Broker: Super Forex
make i do wetin with this?

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