13/05/2025
The Federal Government has warned Nigerians against engaging with individuals and groups peddling fictitious contracts, loans, and financial grants purportedly issued or endorsed by the apex bank.
It gave the warning in a statement issued on Monday by the Central Bank of Nigeria’s acting Director of Corporate Communications, Mrs Hakama Sidi-Ali, where the apex bank said its attention had once again been drawn to the activities of fraudsters falsely claiming to represent or act on behalf of the bank.
“The attention of the Central Bank of Nigeria has been drawn once again to the activities of individuals and groups falsely claiming to represent or act on behalf of the CBN.
“These actors continue to circulate fictitious offers of contracts, loans, grants, intervention funds, and other financial benefits allegedly issued or endorsed by the CBN,” the statement read.
It noted that despite a public advisory issued on November 18, 2024, the fraudulent schemes had persisted, targeting unsuspecting members of the public with deceptive narratives.
The apex bank stressed that it had 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,” it added.