Advertisements
Breaking News

CBN WARNS OF FRAUDULENT LOANS ON SOCIAL MEDIA.

CBN

The Central Bank of Nigeria (CBN) has warned Nigerians against fraudulent loan offers being circulated across social media platforms.

In a statement issued on Monday, the Director, Corporate Communications, Isaac Okorafor, said while the CBN has several development finance intervention programmes from which different categories of businesses have benefitted, the bank does not do so through direct interaction with prospective applicants.

ALSO READ: NO MOSQUE WAS DEMOLISHED IN RIVER… WIKE

The bank further stated that there are clearly spelt out procedures for accessing its intervention funds, which are disbursed through Participating Financial Institutions (PFI’s) such as Deposit Money Banks, Development Finance Institutions and Microfinance Banks.

It, therefore, warned members of the public, particularly the youth and owners of small-scale businesses to disregard any message requesting them to send their personal details.

“These messages are fake and anyone who enters into corresponds with them, does so at his or her own risk,” the statement read.

Advertisements
gn=125592&utm_term=">

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: