First Bank Increases daily FirstMobile Transaction limit to N1million

First Bank of Nigeria Limited has increased the transaction limit on its FirstMobile Lifestyle app to a maximum daily limit of N150,000.00 without the use of a token and a total daily transaction limit of N1 million with token.

Announcing the increase at the weekend, the bank said the development is aimed at boosting convenience and ease of banking as well as enhance customers’ digital banking experience in line with the its commitment to offer value-added services that suit the lifestyles of its customers.

FirstBank had launched it FirstMobile app as part of its drive to leverage evolving technology in providing cutting-edge banking services to its customers and the mobile banking app which is secure and easy to use, allows users to carry out banking transactions on the go from their mobile phones anywhere in the world.

The banking app comes with a user-defined transaction pin which is an extra security feature and customers can also perform the following actions on the enhanced app: Change Transaction PIN, Reset Transaction PIN, Synchronize token, and change their log in pin – mPIN.

With the integrated lifestyle mobile banking app, customers can enjoy real-time mobile banking services such as domestic funds transfer from self-owned accounts to FirstBank accounts and other banks’ accounts; make quick airtime purchase for self and others on all mobile networks; bills payments; cheque services including confirm cheque and stop cheque; flight booking; and quick account services such as account balance inquiry, statement view and much more.

In December 2016, FirstMobile recorded a milestone in its user numbers with the attainment of 1million active users while over N1.3trillion transaction volume has been consummated using the FirstMobile app since its launch in 2015. According to the Head, Digital Banking at FirstBank, Mrs. Folasade Femi-Lawal, the bank will continue to leverage evolving technologies to support consumers’ lifestyle by providing them with a suite of financial options in a convenient and highly secure environment. FirstBank’s digital innovations were rewarded with awards in 2016 which include the Asian Banker award for Best Mobile Payments and the Global Finance Digital Bank of Distinction award.

BITCOIN: Bitcoin to hit $2100 per Bitcoin in 2017.

The cryptocurrency bitcoin could triple in value this year thanks to US President-elect Donald Trump’s “spending binge,” according to a report from Saxo Bank which said the value of bitcoin could hit over $2,100.

The bank’s annual report “Outrageous Predictions for 2017” was published in December. It stated the expected increase in fiscal spending by Trump’s administration would cause “US growth and inflation to skyrocket, forcing the Federal Reserve to accelerate its hikes and the US dollar to hit the moon.”

The dollar would be an attractive currency for foreign investors. That will create a “domino effect in emerging markets and China, in particular, leading people globally to look for alternative forms of currencies and payment systems not tied to central banks,” said chief economist at Saxo Bank Steen Jakobsen.

He added that bitcoin as the largest cryptocurrency would benefit from that chaos. “We could see bitcoin easily triple over the next year going from the current level to $2,100,” Jakobsen said.

Bitcoin was trading at around $900 in the first week of January, up from $400 at the start of 2016.

The digital currency’s price would rise partly due to Chinese investors seeking higher returns. China accounts for about 90 percent of all bitcoin trading on exchanges. The country has strict capital controls, which makes it difficult for the Chinese to convert the yuan into foreign currency, and limits the amount of cash investors can move abroad.

The bank’s annual report “Outrageous Predictions for 2017” was published in December. It stated the expected increase in fiscal spending by Trump’s administration would cause “US growth and inflation to skyrocket, forcing the Federal Reserve to accelerate its hikes and the US dollar to hit the moon.”

The dollar would be an attractive currency for foreign investors. That will create a “domino effect in emerging markets and China, in particular, leading people globally to look for alternative forms of currencies and payment systems not tied to central banks,” said chief economist at Saxo Bank Steen Jakobsen.

He added that bitcoin as the largest cryptocurrency would benefit from that chaos. “We could see bitcoin easily triple over the next year going from the current level to $2,100,” Jakobsen said.

Bitcoin was trading at around $900 in the first week of January, up from $400 at the start of 2016.

The digital currency’s price would rise partly due to Chinese investors seeking higher returns. China accounts for about 90 percent of all bitcoin trading on exchanges. The country has strict capital controls, which makes it difficult for the Chinese to convert the yuan into foreign currency, and limits the amount of cash investors can move abroad.

Danish Saxo Bank’s annual roundup of ‘outrageous predictions’ is a collection of speculations that, according to the bank, represent more of a fringe outlook than anything official.

MMM Launches Call Center

MMM Moves to Stop Double Accounts, Create Formidable Platform.

 

MMM: CBN to Harness Leasons learnt from MMM- Opinion

                                           

Paper money or fiat currency is still the greatest innovation conceived by man. Imagine Nigeria being some type of human zoo of sort that still trades by barter. If we import loads of Apple’s iPhone 7, how many truckloads of cattle will northern Nigeria exchange or barrels of oil will southern Nigeria exchange for their own share of the iPhone imports? When Toyota or Apple labours to innovate that next big trailblazer, it is because they know if it succeeds, they can easily recoup their money.

Fast forward to 2016, assume the naira exchanges officially for N300 to a US dollar (it is 304 as I write this). Therefore, if N3 equals 1 US cents, the naira in your pocket is devalued by 99.7 per cent to a dollar (complete devaluation is 100 per cent). Fellow countrymen and women, you can see that your naira is finished! That is why experts say the fastest and easiest way to decimate any country is to destroy her currency. Any rational citizen should ask how we got ourselves into this mess.

Well, such a person should not look too far. We live in a country where serious technical issues are approached with commonsense. Folks like Ben Murray Bruce who champion this ideology in a way insult the sensibilities of Nigerians. Commonsense protagonists have solutions to every problem even in what they have no training. You see, the white man believes for any serious development, there must be painstaking RESEARCH. No, not commonsense! No wonder they call it RESEARCH and DEVELOPMENT, not commonsense and development because any serious endeavour demands a methodological approach to its solutions. Sony does this, General Electric does this, the US and the Swedish governments just to name a few, all do this. Back to why the naira in your pocket is not worth more than the sand under your feet, it is simple: Our institutions and government do not engage in any serious thinking and despise folks that do.

The CBN has an R/D department that has tried to do some good work most times publishing reports that indict its Board, which should shock any serious government. But why should the CBN governor, Aso Rock or the National Assembly care? Candidly, these folks are busy feathering their nests while looking for a 1 plus 1 answer. In some of the reports, it says the CBN monetary policy is DEAD pointblank! (see page 40 here ). Ponder why our banks pay licence fee of N25bn only to be selling recharge cards through short codes displacing the petty trader by the street corner and going into online market hubs in order to kill off the likes of Konga and Jumia? While you are there looking for a 1 plus 1 answer, banks collect 30 per cent interest from loans to pay you 0 per cent monthly interest on your own savings.

 In a recession year, most banks financial year profits have bettered 2015 performance; some have even gone on to dole out bonuses to staff. Tell me where else in the world can you see this?

You have a bank governor who has thousand units of shares in a regulated bank; although in cases like this, they will tell you it is with a trust. I usually tell my friends if Julian Assange of Wikileaks should hack the CBN mails, the racket there should make anyone spew. Other board members are simply there because they retired as finance directors from the Nigerian National Petroleum Corporation, so you see that how to collect oil dollar inflow is utmost for these people than the value of your naira. Then, below the management board are silver spoon kids that sojourned back with a finance degree for which SaharaReporters unearthed the last recruitment scam and Aso Rock saw as normal.

Should we even bother about them? It was a former State governor during a Save Nigeria Group event in 2013 that aptly summed it up that, “We the elites send our kids for studies abroad to come back as misfits”. In a place like the UK, the Bank of England interviewed candidates for the plum job and Mark Carney, a Canadian, came out best and pronto, he was appointed governor. It beats a rational mind why these Nigerian silver spoon kids cannot fit into such societies but wait to get home for daddy to desecrate public institutions. If a professor friend that consults for the CBN can confess that he still mixes up the causes with types of inflation, one wonders why Ibe Kachikwu or Atiku Abubakar’s children should care if inflation is galloping at more than 10 per cent per annum.

The Securities and Exchange Commission and the Nigerian Deposit Insurance Company (places populated by quota system/nepotism) have come out to say they did their bid in ADVISING Nigerians about MMM and bought media spaces to lament how 30 per cent is a Ponzi scheme. These quota system folks are not educated enough to know that anywhere there is a circular flow of funds so far there is ample LIQUIDITY, money has a multiplier effect. Little wonder why money generated by monetary authorities (and indeed even by a system like MMM) is called high-powered money. It is needless to debate that in fact, it is loans that create deposits not vice versa. You can now see why money is man’s greatest invention!

Enough of the digression! Currently, the CBN and other failed Nigerian institutions have come out to lambast Nigerians for failing to heed their advice. What these recession gatekeepers do not know is that already sound central banks in progressive climes have all reduced money supply due to the seasonality effect from festive periods due to high money velocity in order to maintain inflation rates of less than three per cent. Even with that, if you analyse their data, you still find seasonality trends in MMM money supply. The MMM was right to have paused its payout accounts but to the contrary, our CBN is busy pumping worthless naira into the system. As you read this, inflation has gone up again in the last quarter and mind you, sustained inflation is an all-round monetary phenomenon (or problem).

Millions of Nigerians in the MMM community need not harbour any fear over of a lack of liquidity by January when the system comes on as planned. Even if there is a lack of liquidity in the Nigerian platform, the MMM can still credit account holders with Bitcoin from other countries. Is it not even better to dump the naira for the finance minister and the CBN governor of depression (of course, expect a negative GDP this quarter) and diversify your portfolio to Bitcoin and then for the US greenback. The advent of digital money has enough safeguards to make for a robust MMM system. Pressing the panic button can crash even the best of financial systems but this is a needless self-destruct route. The great John Maynard Keynes called it the ‘Herd effect’. I implore Nigerians to ignore their failed institutions.

MMM: New Model, New MMM, Back and stronger come 14th Jan. Watch Out!!!

MMM Guider No 2 Man-Yinka speaks...at first MMM Re-orentation meeting for all. At MMM training center Egbeda Lagos.

1. We are here to re-orient ourselves. Not to get jittery this year.

2. Yes the media has flooded us with wrong names( Mazi Mekus  Munachi etc)
No it's real name is Mavrodi mundial movement...it is was created by Mavrodi owned by participants and its a global financial aid. A donation exchange program. It is not a business. We donate without guarantee that our money will come back. But...

3. Reciprocity and benevolence keeps us alive. Hence we build trust overtime.

4. Asides football ,MMM is the best and highest unifying factor for Nigeria.

5. Since there is no "central account" the only force out there is "Panic".Eg. Man dies when MMM froze is a panic induced statement.

6. Mavrodi's programming skills created the dispatcher that matches millions of people. Guiders don't match people.

7. While in Jail...he kept on thinking outside the box. And thought of the "peer to peer" system.

8. Do you know that last year...
-New businesses were born.
-People were made financial free.
-MMM members were living above recession.
-People met their heart throbs in MMM. For examples.

9. You are not getting money from thing air. You must have given something to get something.

10. New model has 30days freezing of mavros not 14days anymore. I.e Your mavros will be blue for 30days after your money has left your pocket.

11. Our 30% is generated through a popular financial term called crowd funding. Insurance company, pension fund use this method(The money of people paying pension or premium now is used to settle those due for pension)

12. The computerised system sees the total PH and GH . Not the individual PHs or GHs. (Only guiders can see individual pH and GH in their structure).
As such Total GH for December was a red flag. Hence the frozen mavros we all saw in December.

13. Your referral bonus begins to reduce when your downlines PH begins to reduce.( New money rule)

14. Guiders school is for everybody. Every two weeks in a month( Rough prediction for now)

15. The new model focuses on enhancing the rules ( no more leniency)---eg. No multiple account.
If your family all use your link to register, then you must upload their IDs to support to get inform them to avoid a likely Moratorium.

Once they have a valid ID card uploaded they(your family members) can PH more than you.



16. Do not edit anything in your PO.

17. Do not click I refuse to make payment this year. Give only what you have. The sanctions will be hard.

18. Support is extremely alert this year.

19. The community( existing and new members) must keep providing help of their spare money.

20. Don't force anyone to join. The evidence of MMM is now real to all.

21. Avoid panic--- Government, Negative media, Bank threats.

22.  India, SA are solid programming countries and yet MMM still lives on there. MMM Nigeria server cannot be tampered because its not in any country. ( Cloud server)

23. Every confirmed mavro will not grow more than 30%. SA is doing this. Might be included in the new model.

24. You really don't loose your money in MMM. Only time delays that can happen.

25. If MMM was a ponzi scheme...then why is his( Mavrodi's)face all over the world. The system is honest enough to tell you everything you need to know.

THE NEW MODEL.
1. GH can never be longer than PH again. It will always be balanced and will last for as long as you can imagine. In as much as PH and GH buttons are still clicked. The community is stronger and the system is tighter.

Details to be seen in your PO next week.

Make money online in a community of mutual helpers

MAKE MONEY BY GETTING AND PROVIDING HELP.

click on the below link,  register and provide help, then wait to get 30% interest help in just 30days

https://gethelpworldwide.com/?ref_id=32865-Oyegoke_Ayodeji

don't forget to ensure this email is written in your referal email: ayodejioyegoke@ymail.com


Read below to know how it works. This community is designed to last forever.

click on the below link and register, then you can direct all question to me. you will see my contact as your referal and you can reach me.
https://gethelpworldwide.com/?ref_id=32865-Oyegoke_Ayodeji

HOW DOES IT WORK

How does it work technically? You declare the willingness to Give Help (click on "Provide Help"), type in the amount you wish to Provide as Help either in your Local Currency on in Bitcoin after which your account will be rewarded with One Time Registration Bonus (depending on amount of Help Provided). Help provided will start growing from the moment it was entered online at the rate of 30% for Local Currency or 50% for Bitcoin in 30 days, while you remain with your money till you are paired with who you will donate directly to. In GHW, you will be able to see picture of who you are donating to with their Country. Your Yield amount and date shows you Amount you can request on the 30th day and the date of Maturity. Say you have announced willingness to assist with $ 100 in Bitcoin, they will immediately start growing! By 50% in 30days, this $100 will become $150 in Bitcoin, if you declare willingness to give 1,000 in your Local currency (30% growth) in 30 Days it will become 1,300 

Accordingly, you will be able to request for Help of $ 150 in Bitcoin or 1,300 in your Local currency. Participants who fail to upload their Picture will earn 30% of their Provided Help in Bitcoin in 30days and 20% of their Provided Help in Local Currency. Participants who Upload their Picture will Earn their Complete 50% in Bitcoin in 30days and 30% for Local Currency in 30days. Participants who upload fake pictures will be Blocked when their ID is requested and compared with the uploaded picture. However, you cannot Get Help if you have not Provided Help. Request for providing help comes to you in your Dashboard. If you do not do it within 48 hours, you will be removed from the system. (For all eternity) In cases of any matter regarding the topic our Support Team are ready to help and answer all your questions.

click on the below link and register, then you can direct all question to me. you will see my contact as your referal and you can reach me.

https://gethelpworldwide.com/?ref_id=32865-Oyegoke_Ayodeji

REGISTRATION BONUS

When registering in the system, you get from $20 to $100 as a One Time Registration Bonus in Bitcoin and 4,000 to 20,000 as One Time Registration Bonus in Your Local Currency. Bonuses are given only once, not every time. Only those who’s first Pledge to Provide Help falls within the bonus range. (Otherwise the System will be pulled apart for bonuses). Registration Bonus Ranges for Bitcoin are as Follows; 

(1.) $20 Registration Bonus — if you have contributed from $50 to $499. 
(2.) $50 Registration Bonus — if you have contributed from $500 to $2'999.
(3.) $100 Registration Bonus — if you have contributed from $3'000 and above.

Registration Bonus Ranges for Local Currencies are as Follows;

(1.) 4,000 Registration Bonus — if you have contributed from 15,000 to 149,000.
(2.) 10,000 Registration Bonus — if you have contributed from 150,000 to 649,000. 
(3.) 20,000 Registration Bonus — if you have contributed from 650,000 and above of your Local Currency.

Each participant is allowed to have ONLY one account.

click on the below link and register, then you can direct all question to me. you will see my contact as your referal and you can reach me.
https://gethelpworldwide.com/?ref_id=32865-Oyegoke_Ayodeji



 Credibility Score Index
Credibility Score index is a custom rating logic implemented into the system to ensure fair-play and honesty. Each new account is started with 100% rating, however, penalties are enforced when guidelines are broken, which lead to the deduction of score point. This is to ensure all members act and respond according to the guidelines of the community. 

Key Guidelines / Penalties include the following 

• If you are paired and you contact the money-receiving member, asking for a 24hr time extension to make payment, once he/she approves in his account, you will lose 25% of your credibility score.
• If you offer to provide help and you cancel the offer (before you are paired), 5% score point will be deducted from your Credibility score card.
• If discovered that your profile contains wrong profile picture/ information, 50% will be deducted.
• If you fail to provide help to a paired member and expiry date elapses, your Credibility Score will be wiped out to Zero (0), which leads to automatic profile suspension.
• Account/Profile suspension means you will no longer be able to place or receive help from this platform, for resolution, please send an email to support@gethelpworldwide.com .

Finally, please note that Credibility Score value is a key input for the “automatic pairing and assigning control system”; this system is solely responding for matching requests to offers. Members will higher Credibility Score will have higher priority for paring

click on the below link and register, then you can direct all question to me. you will see my contact as your referal and you can reach me.

https://gethelpworldwide.com/?ref_id=32865-Oyegoke_Ayodeji

REFERRAL BONUS

You get 10% from all deposits of the participant you invited. Inviting new members into the Community is your additional contribution to its development. But nobody force the members of the Community to invite new participants. But at the same time, understanding that the GHW platform can’t exist without development and participants’ encouragement in the form of referral bonuses motivate many people to take an active position.

GUIDERS/SPONSORS

There are NO Guiders/Sponsors in this Platform. This platform has been DESIGNED TO LAST FOREVER and therefore does not support the excess payout privileges of Guiders which drains the system. The System ONLY Supports/Allows REPRESENTATIVES who are given extra 5%-10% of their Provide Help Offer in Addition to their 30% if they are participating in Local Currency or 50% if in Bitcoin in 30days depending on how hardworking they are.

RECOMMITMENT

GHW is here to Change Lives, Change Nations and Change the World. It is designed to last forever; we understand that everyone will love to earn money every 30days. We will like to inform you that this Community will last forever if only everyone makes a New Pledge to Provide Another Help after they have Received Help knowing that the new Help you pledged to Provide will bring in another 30% in Local currency or 50% in Bitcoin in 30days. It will keep the community running forever. GHW also implemented some featured to keep this in check. 

• a.) After receiving Help, a Participant is given a maximum of 3days to make another Pledge to Provide Help. If no new pledge is made after 3 days from receiving help, the system will commence debiting of your Credibility score. Please note that accounts with credibility score of zero(0) will be automatically blocked. All we need in this community are people who are active and have the Mind Set to Give and in turn Receive. We need people that will make this community last forever.
• b.) When a Participant makes a Pledge to Provide Help of $100 for Example; his/her next Pledge to Provide Help will not go below the Previous Help provided. It can only be the same or higher. This will keep the Community Growing instead of being setback by people who will give help of $1,000 for example and after Getting Help of $1,500 they decide to Provide Help of $10 in their next Pledge. Such doesn’t work here on GHW
• c.) Feel the joy of giving when you see the face of who you are Providing Help to. This will help Participants make friends all over the World. A Real Social Financial Platform with Sincere people Changing Lives, Changing Nations and Changing the World.

click on the below link and register, then you can direct all question to me. you will see my contact as your referal and you can reach me.
https://gethelpworldwide.com/?ref_id=32865-Oyegoke_Ayodeji

Goodluck!