The Central Bank of Nigeria (CBN) has warned Nigerians against fraudulent loan offers being circulated across social media platforms.
In a statement issued today, 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.
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.