Victor EzejaThe Central Bank of Nigeria (CBN) has warned Nigerians against falling victim to fraudsters who publicise fake offers of contracts, loans, grants, and other financial benefits purportedly endorsed by the apex bank.
The CBN distanced itself from such “fictitious offers” and warned members of the public to avoid engaging such fraudsters.
Join our WhatsApp ChannelThe warning was contained in a statement released on Monday, titled “Advisory on Fraudulent Claims and Fictitious Contracts Purportedly from the CBN,” signed by the Acting Director of Corporate Communications, Mrs Hakama Sidi-Ali.
The apex bank expressed concern that despite the public advisory it issued on 18 November 2024 and other previous warnings, through the Bank’s official channels and news outlets, “these misleading schemes have persisted, targeting unsuspecting members of the public with false and deceptive narratives,” part of the statement reads.
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The bank reiterated that it had not authorised any person or organisation to act on its behalf in disbursing funds or awarding contracts. It added that it does not support or endorse such claims.
“The CBN wishes to reiterate that it has not authorised, licensed, or appointed any individual, group, or organisation to act as an agent or intermediary in offering contracts, financial grants, or intervention funds to the public. The CBN also does not endorse or support such claims in any form.
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“Members of the public are advised that the Central Bank of Nigeria (CBN) does not award contracts or disburse funds through unsolicited communications such as emails, phone calls, SMS, WhatsApp, or any social media platform. It also does not request payment of fees in exchange for contracts, grants, or financial interventions, nor does it engage intermediaries or third parties to offer financial services or opportunities to the public.”
The CBN urged members of the public to report individuals or entities making such claims to the relevant law enforcement agencies or the nearest CBN Branch.
This latest warning comes as the CBN steps up efforts to prevent criminal groups from misusing its name under the pretense of financial empowerment.
Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.
