Friday, September 30, 2016

MMM: Mokú Mogbé Mòdáràn!

Today was crazy. (Thank you, Shereen). Scratch that – the past few weeks have been crazy. I have been wanting to write about the MMM rave for a while, but couldn’t find the time – so I have had to be content with liking other people’s posts and dropping sarcastic comments here and there on Facebook. Right now I need a break from writing recommendations and thinking about foreign exchange, so I have decided to finally write this.

First some context for the uninitiated. MMM is a Ponzi an investment scheme that offers 30% returns on a monthly basis. Yes. You read that right. 30% monthly. To help put that in perspective, if you invest provide help of N100,000, you can expect returns to get help of N130,000 in thirty days. If you leave this N100,000 in for twelve thirty-day cycles, it becomes N2.3 million at the end of the period. That is a 2330% annual rate of return!

Sunday, September 11, 2016

Happy Birthday to Me!!!

Looking forward to when next I'll have these many cakes! :)
I can’t believe it’s already one year since my last birthday… Like really. Just like that? It feels like I was posing for pictures with my record number of cakes only yesterday. And wasn’t it last week or the week before that I was 18? Or 21? I am now confused. Where are all the years rushing to?

Can the 2000s come back here already?

Wasn't this exam only last month?