Cool Naira Review – Is Cool Naira a Scam or Legit MLM Scheme


Months ago while investigating about NNU, team Xycinews came upon the business name “Cool Naira”

The program was link to a name “Paul Samson”. But this was earlier ignore.

Doing web and social media research on the brand name Cool Naira, we came across the name Paul Samson again.

This article is a review about Cool Naira and it would guide you about deciding if it’s legit or scam.


From Paul Samson online reputation, is Cool Naira trust worthy? Read on for answer.


“This Is The Best Way To Make Cool Cash As Nigeria Economy Faces Imminent Recession – CoolNaira”


What is Cool Naira About

This is the first and most important question to answer. Team Cool Naira says it has paid out ₦16,048,040.00 to over 115,826 pro members.

Coolnaira is a Uni-Level MLM Network. You participate with a minimum of ₦1,000.

Then introduce people to participate under with your referral and then you earn 50% commission from their purchase.

This referral sequence gives you the opportunity to get back your commission easily.


How Cool Naira Referral System Works

  1. The idea on coolnaira MLM is not complicated at all. Every member earns from referral package purchase.

  2. Joining is free, then upgrade to pro membership package by purchasing Coolnaira product package for ₦1,000 or more. When you make purchase, your upliners earns commission.

  3. Introduce at least 2 persons who join us and purchase coolnaira product package under you and get your money back.
  4. You also get 50% from each downline + ₦1,000 sign up bonus. Not only that, you also earn 10% on indirect referral under you.



Brief Info about Founder

Searching NNU on this site is an article that covers every information about his background.

But briefly, Paul Samson founded Cool Naira through the company G-Cyber Technologies in March, 2016.

This program is created and powered by G-Cyber Technologies, a professional web and ICT business firm registered under Corporate Affairs Commission (CAC BN 2453653).

Though, this information is yet to be confirmed by our field team.

The Compensation Plan for Cool Naira Users 

The Cool Naira compensation plan has members pay a ₦1000 to ₦10,000 NGN fee ($3.15 to $31.59 USD).

Commissions are paid when they recruit new Cool Naira members who do the same.

Direct Recruitment Commissions on Cool Naira 

When a Cool Naira member recruits a new member, they earn 50% of the fees paid by the new member.

Note: This is capped based on how much the recruiting member themselves paid to get involved in Cool Naira.

₦1000 NGN members can only earn ₦500 NGN, irrespective of whether they recruit a ₦6000 or ₦10,000 NGN member.

Residual Recruitment Commissions on Cool Naira 

Residual recruitment commissions in Cool Naira are paid through a Uni-level compensation arrangement.

Cool Naira uni-level compensation Arrangement puts a member at the top of a uni-level team, with each personally recruited member put directly underneath them (level 1).

If a level 1 member recruits new members, they are put on level 2 of the original member’s uni-level team.

If a level 2 member recruits new members, they are put on level 3 and so on and so forth down a hypothetical countless number of levels.

Cool Naira caps payable uni-level levels at 10, with members paid a percentage of fees paid by members recruited into their uni-level team.

level 1 – 50% (see “direct recruitment commissions” above)
levels 2 to 10 – 5%
Joining Cool Naira
Cool Naira affiliate membership costs ₦1000, ₦6000 or ₦10,000 NGN ($3.15, $18.96 or $31.60 USD).

The more a Cool Naira member spends on membership the higher their income potential over the Cool Naira compensation plan.

Credit : (Extracted from Aaron and Sarah).

Final Say on Cool Naira

For a scheme like cool naira, when down lines stop coming, earnings stop growing, the system suffers engagement.

Studying Cool Naira traffic statistics, users are assumed to have dropped as the site traffic has drop drastically.

On November 11, Paul Samson wrote an encouraging letter to cool naira users on Facebook.

“For the fact it’s not working for you now, doesn’t mean its not working at all. In any business, there is always a challenge at the starting point.

Perhaps, nobody believe all your noise about coolnaira yet or nobody has registered under you to start building your downline.

Relax, its not yet over. Every members in this group experience the same issue.”


If you read this article carefully to this point, it obvious cool naira has stood the face of time and the founder still believes it is never over.


Team Xycinews cannot tell you to join or withdraw, but this article is just a guide to help you decide best.



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