3 million Nigerians lost N18bn to MMM- Nigerian Deposit Insurance Corporation says

Managing Director of the Nigerian Deposit Insurance Corporation (NDIC), Umaru Ibrahim, says going by the data gathered on social media, about three million Nigerians lost an estimated N18 billion in the failed Ponzi scheme popularly known as Mavrodi Mundial Movement(MMM) . Umaru stated this through the Deputy Director Corporate Affairs of NDIC, Hadi Suleiman, at the ongoing 38th Kaduna