The Central Bank of Nigeria (CBN) has warned Nigerians to be wary of fraudulent messages circulating on the social media requesting unsuspecting loan seekers and owners of small-scale businesses to apply for loans or investment schemes purportedly facilitated by the Bank.
The acting Director, Corporate Communications, CBN, Osita Nwanisobi, gave the warning in a statement on Thursday entitled ‘Beware of fraudulent loan offers, investment schemes.’
The apex bank noted that though it has several finance intervention programmes for different categories of businesses, it does not deal directly with applicants.
It also stated that it does not facilitate investment schemes and advised members of the public, particularly youth and owners of small-scale businesses, “to disregard any video or text message proposing investment schemes or charging them fees on the pretext that their organisations are endorsed by the CBN and therefore would guarantee easy access to CBN loans.”
The statement read: “The attention of the Central Bank of Nigeria (CBN) has again been drawn to fraudulent messages and videos in social media circles requesting unsuspecting loan seekers and owners of small-scale businesses to apply for loans or investment schemes purportedly facilitated by the Bank.
“While the CBN, indeed, has several development finance intervention programmes from which different categories of businesses have benefitted (and still benefitting), it does not do so through direct interaction with prospective applicants.”
 has warned Nigerians to be wary of fraudulent messages circulating on the social media requesting unsuspecting loan seekers and owners of small-scale businesses to apply for loans or investment schemes purportedly facilitated by the Bank.){kind=link}