Hoax-Alert: Image of BBC News Story on Nigeria’s MMM Finance Network Photoshopped

“MMM Nigeria Reduces Poverty in Nigeria by 20%,” reads a caption on an image of BBC newsreader Nicholas Owen recently shared online and on social media.

The caption goes on to say that the “UK government advises Buhari lead [sic] government to use MMM to create jobs”.

MMM, which calls itself “a community of ordinary people, selflessly helping each other, a kind of the Global Fund of mutual aid” has been controversial in Nigeria. Its proponents say the community provides real financial bailout but sceptics say it is a Ponzi scheme.


The image, however, is a hoax.

Using Google reverse image search, Africa Check found that the original caption read “British hostage released: British national released after operation in Yemen”. We have asked the BBC to confirm this and will update this report should they respond.



Written by PH

Leave a Reply

Your email address will not be published. Required fields are marked *


Top 7 Nigerian Artistes Whose Albums Never Saw the Light of Day in 2016

Here are The Up-And-Coming East African Fashion Designers to Watch