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The huge ROI of themap.ng: For how long?.

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The attention of Nairainvest has been drawn to the activities of themap.ng, a logistic investment company owned by Anyanso MMA.

Themap.ng also claim they specialize in real estate, recreational tools and e commerce. It started earlier last year and offers up to or over 50% return on investment over 12 months with payment to investors made weekly. The management of themap.ng always provide investors with pictures and videos of their activities.

And although this is a welcomed development, Our opinion is that huge return on investments like this leave no margin for errors and setbacks. Errors and setbacks that are always found in all businesses, no matter the magnitude. And if you consider the businesses themap.ng  invested in, there is always a chance there will be setbacks.

For example, three weeks ago, NIPOST released a bill that logistic business owners will need to pay a sum of one million naira registration fee yearly before they can ply the streets, and although this bill was rejected because Nigerians were agitated, if it had passed, many logistic businesses would have been destroyed.

Although there hasn’t been a report from any of our investigators that themap.ng has defaulted from paying any of its investors, we advise our readers to thread carefully with platforms that promises huge return on investments. Because at one point, they always reduce it, which is then followed by excuses, delayed payments and loss of investors capital.

While you are here, do well to go through our fraudwatch list for investment platforms that has been red flagged by us.

Also, stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

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Agri-Tech

EFCC Arrests Wales Kingdom Capital CEO’s parents.

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EFCC Arrests Wales Kingdom Capital CEO’s parents.

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested a couple for allegedly defrauding unsuspecting victims in a N935m Ponzi scheme which investors are claiming is even more.

The suspects, Emmanuel and Victoria Jaiyeoba, who were arrested at their residence in Ibadan, Oyo State, are parents to Adewale Daniel, Marketing Director, Wales Kingdom Capital Limited.

The CEO of Wales Kingdom Capital is still at large. The agency has promised to track him down and return the money they claim he eloped with.

Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

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Agri-Tech

You can now assign Nairaforex traders to your funds.

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Nairaforex one of Nigeria’s leading trading services has now opened their  functionality to the general public. With Nairaforex, users can now assign the best remote professional forex traders to their capital and earn returns within a specific period.

Nairaforex who employs traders who work remotely across Nigeria, South Africa, Kenya, Germany, France and other countries. With Nairaforex, you can easily assign these traders to your funds to trade on your behalf and get back reasonable returns at the end of a specified duration.

Each trader posses a different money-back guarantee, deliver within different periods and have different returns on the funds. Nairaforex has also included the functionality of assigning more than one trader to your funds for preferential purposes.

Go to Nairaforex.com to join Nairaforex now, and for more information.

Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

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Agri-Tech

Wales Kingdom Capital to liquidate assets.

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Wales Kingdom Capital, an investment platform which specializes in the trading of the foreign exchange market, farming and real estates and has been around for twenty two months until it experienced capital loss in the foreign exchange market last year has announced that they will be releasing a refund plan for client capitals. The plan is to liquidate all available assets to pay a small percentage of investors capital.

This stage according to them is the reconciliation and settlement process. In a memo, the CEO, Pastor Daniel Wales confessed that the company lost a huge amount of money in the foreign exchange market towards the end of the previous year which led to the halting of payment.

He asked for patience from aggrieved investors, reiterating that he is aware the company’s decision to impose a lockdown on investor’s capital will be hard on the investors. And apologized for not making investors understand there is a possibility of total loss of capital.

According to the memo, a comprehensive settlement policy will be initiated while it was also reiterated that they wouldn’t be able to pay the full capital of all investors. The expected percentage of capital that will be returned ranges from 10-15%

Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps

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