CBN alerts Nigerians on fraudulent loan offers, investment schemes

Real sector owing Nigerian banks N19.54trn as borrowing grows 21%

The Central Bank of Nigeria (CBN) alerted the public to beware of fraudulent loan offers and investment schemes with diabolical motives. Osita Nwaisobi, the acting director, corporate communications, CBN, said this in a statement on Thursday entitled ‘Beware of fraudulent loan offers, investment schemes.’ It said its attention had been drawn to fraudulent messages and videos in social media circles requesting unsuspecting loans seekers and owners of small-scale businesses to apply for loans or investment schemes purportedly facilitated by the bank. He said while the CBN had several development finance…

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